India’s crude oil production up 9.6 per cent in May
29 Jun 2011
India produced 3.2 million metric tons of oil for the month of May, a 9.6 per cent increase from a year earlier, the oil ministry said in a statement today. This makes it the 18th straight month of increase in oil production in the country.
In particular, production was boosted by Oil India Ltd and non-state companies, including Cairn India Ltd.
Production by non-state explorers was up 33 per cent, to 916,500 tons.
According to the data, output from the border state of Rajasthan, where Cairn India operates the country's biggest onshore oil deposit, more than doubled to 540,900 tons. Production at the field commenced in August 2009.
Oil India, the second-biggest state-owned crude producer, reported a 41 per cent increase in production to 323,800 tons, according to the statement.
Production from state-owned Oil & Natural Gas Corp (ONGC), the nation's largest energy company, dipped 1.7 per cent to 2 million tons, according to the ministry. Production at ONGC's Mumbai High fields declined 3.3 per cent, for an output of 1.4 million tons.
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