Bloomberg News

India’s September Crude Output Rises 0.1% to 3.1 Million Tons

October 25, 2011

Oct. 25 (Bloomberg) -- India’s crude oil output rose for the 22nd straight month in September as Oil India Ltd. and non- state companies including Cairn India Ltd. boosted production.

Asia’s second-biggest energy consumer pumped 3.1 million metric tons of oil last month, a 0.1 percent increase from a year earlier, the oil ministry said in a statement today.

Oil India, the second-biggest state-run crude producer, reported a 4.9 percent increase in output to 320,200 tons, according to the statement.

Production by non-state explorers climbed 4.2 percent to 841,300 tons. Output from Rajasthan state, where Cairn India operates the country’s biggest onshore oil deposit, rose 1 percent to 524,500 tons, according to the data. Cairn India started the field in August 2009.

Production by state-owned Oil & Natural Gas Corp., the nation’s largest energy explorer, fell 2.3 percent to 1.96 million tons, the ministry said. The company’s Mumbai High fields produced 1.3 million tons, a decline of 3.4 percent. The fields, 100 miles (160 kilometers) northwest of Mumbai in the Arabian Sea, account for 42 percent of India’s oil production.

Natural gas output in India fell for the 10th straight month, declining 6.4 percent to 3.9 billion cubic meters, according to the data.

--Editors: John Chacko, Ryan Woo

To contact the reporter on this story: Rakteem Katakey in New Delhi at rkatakey@bloomberg.net

To contact the editor responsible for this story: Amit Prakash at aprakash1@bloomberg.net


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