Assam Ranks Third in India’s Crude Oil Production: Ministry Report

Staff Reporter

Guwahati: The country as a whole produced 88,223 thousand metric tonnes (TMT) of crude oil in the past three financial years. Of this, Assam produced 12,518 TMT, which was ranked in third place among all states in the country, barring offshore crude oil production.

The figures for crude oil production were provided in a report by the Ministry of Petroleum and Natural Gas.

According to the statistics, the country as a whole produced 88,223 TMT of crude oil in the three financial years of 2021-22, 2022-23, and 2023-24. Of the total production of 88,223 TMT, Assam accounted for 12,518 TMT of crude oil, Rajasthan produced 15,380 TMT, Gujarat produced 14,425 TMT, Tamil Nadu produced 985 TMT, Andhra Pradesh produced 688 TMT, Arunachal Pradesh produced 147 TMT, and West Bengal produced 0.06 TMT. However, offshore production of crude oil was 44,078 TMT, which was the highest production of crude oil in the period mentioned.

Of the total 12,518 TMT production of crude oil in Assam, the state produced 3,991 TMT in the financial year of 2021-22, 4,166 TMT in 2022-23, and 4,361 TMT of crude oil in 2023-24 (provisional). From the figures mentioned above, it is clear that an increasing trend can be discerned in the crude oil production in Assam over the past three financial years.

It should be mentioned here that the state receives a considerable amount as royalty for the crude oil produced in the state. Oil India Limited (OIL) and Oil and Natural Gas Corporation (ONGC) are the two public sector entities engaged in the extraction of crude oil in the state.

The report also mentions the crude oil processed in the country in the three financial years—2,41,704 TMT in 2021-22; 2,55,232 TMT in 2022-23; and 2,61,546 TMT in 2023-24. By processing these quantities of crude, the country achieved a total crude oil production of 88,223 TMT in the above-mentioned period.

 Also Read: Assam: Crude Oil Production in State Increases in April-August 2024

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