India's Hydrocarbon Outlook – 2022-2023

132 DGH: 3 DECADES OF UNLOCKING INDIA'S HYDROCARBON POTENTIAL Table 5.6: Location-wise Crude Oil Production (MMT) Table 5.7: Location-wise Natural Gas Production (BCM) 5.4 Focus on increased production from offshore Oil (in MMT) Location 2017-18 2018-19 2019-20 2020-21 2021-22 Western Offshore 17.31 16.20 15.44 14.65 13.94 Eastern Offshore 0.83 0.65 0.56 0.74 0.63 Offshore Total 18.14 16.87 16.00 15.39 14.57 Regime 2017-18 2018-19 2019-20 2020-21 2021-22 Western Offshore 19.2 19.66 18.81 16.81 15.84 Eastern Offshore 2.82 2.46 1.82 1.62 7.02 Offshore Total 22.01 22.12 20.64 18.43 22.87 16.3 16.2 15.0 14.5 14.3 13.6 13.9 15.7 15.3 2.1 1.9 1.9 1.5 1.1 0.9 1.0 1.7 3.7 17.6 17.5 17.3 16.2 15.1 15.1 14.7 14.5 15.0 36.0 35.7 34.2 32.2 30.5 29.7 29.4 32.5 34.0 0.0 5.0 10.0 15.0 20.0 25.0 30.0 35.0 40.0 2016-17 • O shore contributes half of oil production • O shore fields are expected to account for more than 50% of the total crude oil to be produced in India in 2024-25 2017-18 2018-19 2019-20 2020-21 2021-22 2022-23 (P) 2023-24 (P) 2024-25 (P) ONGC O shore Others O shore Onshore Forecast