Global crude oil price of Indian Basket was US$ 61.10 per bbl on 20.04.2015

Global crude oil price of Indian Basket was US$ 61.10 per bbl on 20.04.2015 

The international crude oil price of Indian Basket as computed/published today by Petroleum Planning and Analysis Cell (PPAC) under the Ministry of Petroleum and Natural Gas was US$ 61.10 per barrel (bbl) on 20.04.2015. This was lower than the price of US$ 61.17 per bbl on previous publishing day of 17.04.2015.

In rupee terms, the price of Indian Basket increased to Rs 3822.42 per bbl on 20.04.2015 as compared to Rs 3813.95 per bbl on 17.04.2015. Rupee closed weaker at Rs 62.56 per US$ on 20.04.2015 as against Rs 62.35 per US$ on 17.04.2015. The table below gives details in this regard:

Particulars	Unit	Price on April 20, 2015 (Previous trading day i.e. 17.04.2015)	Pricing Fortnight for 16.04.2015 (March 28 to April 10, 2015)
Crude Oil (Indian Basket)	($/bbl)	61.10              (61.17)	54.92
	(Rs/bbl	3822.42          (3813.95)	3425.91
Exchange Rate	(Rs/$)	62.56              (62.35)	62.38

Daily Crude oil price- 21.04.2015 

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Production Performance of Oil & Natural Gas Sector for the month of March 2015 

I.	CRUDE OIL PRODUCTION
Month / Period		Planned Target (TMT)		Actual Production (TMT)		%age achievement	Surplus(+) Shortfall(-) Vis-à-vis target (%age)	Surplus(+) Shortfall(-) over last year   (%age)
March, 2015*		3309.575		3226.636		97.5	-2.5	1.7
April,2014-March, 2015*		38763.217		37464.067		96.6	-3.4	-0.9
April,2013-March, 2014				37788.441
TMT: Thous  nd Metric Tonnes.        *: Provisional.
B. COMPANY-WISE ACHIEVEMENT
Company / State	Planned Target (TMT)				Actual Production (TMT)		%age achievement		Surplus(+) Shortfall(-) (%age)
ONGC	2066.461				1948.741		94.3		-5.7
Gujarat	413.702				375.040		90.7
Andhra Pradesh	19.490				25.025		128.4
Tamil Nadu	20.464				25.202		123.2
Assam	114.210				80.750		70.7
Offshore	1498.595				1442.724		96.3
OIL	322.173				289.230		89.8		-10.2
Assam	321.410				288.741		89.8
Arunachal Pradesh	0.763				0.489		64.1
PRIVATE/JVC	920.941				988.665		107.4		7.4
TOTAL	3309.575				3226.636		97.5		-2.5
C. REASONS FOR SHORTFALL
Company / State			Reasons for shortfall
ONGC (Gujarat)			Less than envisaged production in Kalol field & less off-take by M/s. GAIL affected production. Ceasure of wells and subsequent production loss from few high potential wells in Linch field. Closure of some of the wells due to stock build up. Increase in Water-cut. More than envisaged decline in Gandhar, Ankleshwar & Jambusar fields & poor influx affected production.
ONGC (Assam)			Less than envisaged production from Geleki, Lakwa, Laplingaon and Charali fields, increasing water cut, poor influx & less than planned inputs affected production.
ONGC (Offshore)			Delay in commencement of production from  WO16 cluster. Delayed commencement of  Cluster-7 FPSO  due to bad weather. Less than envisaged production  from B 193 cluster and less line receipt from offshore. Less line condensate receipt from Offshore.
Pvt/JVCs  (Arunachal Pradesh)			Repeated sand ingress in well requiring frequent well shut-in for well intervention
A statement showing Crude Oil Production during March 2014 and cumulatively for the  period April, 2014- March 2015 vis-à-vis 2013-14 is at Annexure-I. II. NATURALGAS  PRODUCTION Month / Period Planned Target (MCM) Actual Production (MCM) %age achieve-ment Surplus(+) Shortfall(-) Vis-à-vis target     (%age) Surplus(+) Shortfall(-) over last year      (%age) March 2015* 3224.475 2837.079 88.0 -12.0 -1.5 April,2014-March 2015* 36620.237 33656.269 91.9 -8.1 -4.9 April,2013-March 2014 35406.878 MCM: Million Cubic Meters.          *: Provisional. B.     COMPANY-WISE ACHIEVEMENT Company / State Planned Target (MCM) Actual Production (MCM) %age achievement Surplus (+) Shortfall(-)   (%age) ONGC 2147.075 1869.656 87.1 -12.9   Gujarat 121.241 117.125 96.6   Rajasthan 1.320 0.758 57.4   Andhra Pradesh 81.281 54.505 67.1   Tamil Nadu 116.726 100.010 85.7   Assam 41.656 35.045 84.1   Tripura 123.612 117.789 95.3   Mumbai High Offshore 1661.239 1444.424 86.9 OIL 243.430 232.069 95.3 -4.7   Assam 219.910 209.770 95.4   Arunachal Pradesh 1.710 1.084 63.4   Rajasthan 21.810 21.215 97.3 PRIVATE/JVC 833.970 735.354 88.2 -11.8   Onshore $ 161.795 128.600 79.5   Offshore 672.175 606.754 90.3 TOTAL 3224.475 2837.079 88.0 -12.0 $: Including Coal Bed Methane production. C.     REASONS FOR SHORTFALL Company / State Reasons for shortfall ONGC  (offshore) BPB  Partial shutdown taken for turnaround jobs. Delay in commencement of Production from  well S2AB. ONGC  (Gujarat) Closure of wells due to unplanned shut down of GAIL 12" Gas line from Ahmedabad/Kalol to Ramol &  less associated gas production because of less crude production. Closure of Gas Cap wells for less offtake by GAIL & less associated gas production because of less crude production. ONGC (Rajasthat & Tripura) Less offtake by consumers. ONGC (Andhra Pradesh & Tamil Nadu) Closure of wells due to GAIL pipeline incident affected the production. ONGC  (Assam) Less associated gas production and less offtake by consumers. Pvt/JVCs  (West Bengal) Delayed receipt of forest clearance for Raniganj East field and extended dewatering in Raniganj south. Pvt/JVCs  (Off-shore) Trail production from 3 Wells in KG-OSN-2001/3 field. MA-6H well underperforming. Water loading in 4 M.A. wells Water cut in M.A. -2 increased.  Oil production less due to increase in Water Cut in wells in PANNA-MUKTA field. III.   REFINERY CRUDE THROUGHPUT (IN TERMS OF CRUDE OIL PROCESSED) Month / Period Planned Target (TMT) Actual Production (TMT) %age achievement Surplus(+) Shortfall(-) Vis-à-vis target             (in %age) Surplus(+) Shortfall(-) over last year          (in %age) March 2015* 19286.899 19330.826 100.2 0.2 -1.3 April,2014-March 2015* 223707.368 223277.183 99.8 -0.2 0.4 April,2013-March 2014 222496.782 *: Provisional. Note: The crude throughput in IOC (Guwahati, Mathura & Bongaigaon), BPCL (Mumbai & Kochi), HPCL(Mumbai & Visakh), MRPL (Magalore), ONGC (Tatipaka), BORL (Bina), HMEL (GGSR-Bhatinda) and EOL (Vadinar) refineries have exceeded their planned target. The crude throughput in  IOC (Barauni, Gujarat, Haldia, Digboi & Panipat), CPCL (Manali & CBR), NRL(Numaligarh), and RIL (Jamnagar-DTA & SEZ) refineries was less than their planned target. Company / State Reasons for shortfall IOCL, Barauni Throughput is restricted in line with FO demand & due to black oil containment problem. IOCL, Gujarat Lower throughput due to planned shutdown of major units. IOCL, Panipat Throughput is restricted due to high intermediate & black oil stock. IOCL, Digboi Lower throughput due to planned shutdown of major units. CPCL , Manali Crude thrughput was lower than plan due to low crude inventory and delay in arrival of Basrah crude. CPCL , Narimanam Lower due to reduced availability of Crude A statement showing refinery-wise production during the month of March 2014 and cumulatively for the period April,2014-March 2014 vis-à-vis 2013-14 is at Annexure-III. ------ IV.  REFINERY CAPACITY UTILISATION Month Utilization (%) Period Utilization (%) March 2015* 105.8 April 2014- March 2015 103.8 Mar-14 107.2 April 2013- March 2014 103.5        The refinery-wise details of the capacity utilization during March 2015 and cumulatively for the period April, 2014 - March 2015 vis-a-vis 2013-14 are given in Annexure-IV. Click here to see Annexures: