Oil and Gas Production

Oil and Gas Production-The Minister of Petroleum and Natural Gas Shri S. Jaipal Reddy  informed in the Lok Sabha in a written reply today that with the efforts of his Ministry, all-round progress has been made in the petroleum sector. The Ministry of Petroleum and Natural Gas is mandated to take measures for exploitation of petroleum resources including natural gas, coal bed methane, and distribution, marketing and pricing of petroleum products. The details of growth in upstream, midstream and downstream sectors during the last three years and next 03 years are as under:

S. No.	Item	Last 03 years			Expected in Next 3 years
		2008-09	2009-10	2010-11	2011-12	2012-13	2013-14
1	Production of oil (MMT)	33.50	33.50	37.68	38.18	42.30	45.57
2	Production of gas (BCM)	32.845	47.509	52.221	51.671	52.276	61.652
3	Refining Capacity (MMTPA)	148.9	177.9	184.3	193.4	232.3	240.6
4	Number of Retail Outlets	36971	37952	39430	42730	44130	45530
5	Number of LPG consumers (Crore)	10.68	11.63	12.69	13.59	14.64	15.58

            “There are no regulatory bottlenecks in the growth of oil and gas production”, he added .

            He also said that in order to increase the production of oil and gas and increase in refining capacity, the following steps have been taken by the Government:-

A.        Production of oil and gas

1. Implementation of New exploration Licensing Policy (NELP) – 8 rounds of NELP have already been completed. Through these rounds, 235 exploration blocks have been awarded and 103 oil and gas discoveries have been made. The bidding of 9^th round of NELP has also been completed in which 74 bids have been received for 33 exploration blocks against the 34 blocks offered.
2. Coal Bed Methane (CBM)- Coal Bed Methane is an environment friendly clean fuel similar to Natural Gas. 33 CBM contracts have been signed for exploration of CBM. As of now, 250 BCM reserves have been established in 5 CBM blocks. At present CBM gas production is about 2.3 lakh cubic meters per day.
3. Implementation of Oil Recovery Scheme- To increase the oil and gas production in the country, the oil companies are implementing Improved Oil Recovery (IOR) and Enhanced Oil Recovery (EOR) Schemes