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Press Information Bureau
Government of India
Ministry of Petroleum & Natural Gas
15-December-2011 16:23 IST
Balacnce Recoverable Crude Oil Reserves Stand at 756.766 MMT: Jaipal Reddy

Feasibility Study in Progress for Additional 12.5 MMT Strategic Crude Oil Storage Facility

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The Minister of Petroleum and Natural Gas Shri S. Jaipal Reddy  informed in the Lok Sabha in a reply today that  the total balance recoverable reserves of crude oil are about 756.766 million metric tonne (MMT) as on 1.4.2011. Of this 552.610 MMT are with Oil and Natural Gas Corporation Limited (ONGC), 81.160 MMT with Oil India Limited (OIL) and 122.996 MMT with Private/Joint Venture companies. The state-wise and company-wise details of crude oil reserves are provided below: -

 

State-Wise  and company-wise details of crude oil reserves

 

 

ONGC

OIL

Private/JV

TOTAL

 

MMT

MMT

MMT

MMT

Andhra Pradesh

5.220

 

 

5.220

Arunachal Pradesh

--

0.890

2.501

3.391

Assam

89.070

80.270

0.357

169.697

Gujarat

130.230

 

7.202

137.432

Nagaland

2.690

 

 

2.690

Rajasthan

0.000

 

75.334

75.334

Tamilnadu

8.480

 

 

8.480

Tripura

0.080

 

 

0.080

ONLAND Total

235.770

81.160

85.394

402.324

West Coast

307.630

 

20.630

328.260

East Coast

9.210

 

16.972

26.182

Offshore-total

316.840

 

37.602

354.442

Total

552.610

81.160

122.996

756.766

 

Note: * In Tripura, mostly gas reserves are available however small quantity of condensate is produced.

 

 

            The Minister also informed that currently, hydrocarbon exploration is in progress in the Indian sedimentary basins, which are: Andaman-Nicobar, Assam-Arakan, Assam Shelf, Bengal. Cambay, Cauvery, Deccan Syneclise, Ganga, Himalayan Foreland, Kerala-Konkan, Krishna-Godavari, Kutch, Mahanadi-Nort East Coast, Mumbai Offshore, Pranhita-Godavari, Rajasthan, Satpura-Rewa, Saurashtra, and Vindhyan.

 

            Shri Reddy further said that, in order to discover hydrocarbon in the sedimentary basins, companies are caring out gravity, magnetic, electro-magnetic, geochemical and seismic surveys in Indian sedimentary basins. Replying to supplementary questions, the Minister said that, for increasing domestic oil and gas production, the Minister said that the  Government has given around  as   235 blocks until 8th round of awarding exploration blocks under New exploration Licensing Policy (NELP). Out of these, as many as  103 discoveries have been so far as and  6 of those have been put  into  production. He also said that the proposal of India becoming members of IEA is under consideration, however a view has not been taken so far. Regarding a supplementary query on reported delay in KaKinada-Tuticorin pipeline, the Minister said that the concerned Regulatory Authority/Board will be asked to took into it.

 

 

            In reply to another query, Srhi Jaipal Reddy informed that the strategic oil reserves of 5.33 MMT have been planned at 3 locations viz., Vishakhapatnam in Andhra Pradesh and one each in Mangalore & Padur in Karnataka. The break-up of strategic oil reserves capacity is as under:

 

Sl. No.

Location

Capacity (MMT)

1

Vishakhapatnam

1.33

2

Mangalore

1.50

3

Padur

2.50

 

            In addition, he informed,  feasibility study for about 12.5 MMT strategic oil reserves is in progress in the states of Karnataka, Gujarat, Rajasthan and Orissa.

 

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