India’s Hydrocarbon Outlook 2024 109 A Report on Exploration & Production Activities Figure 3.7: Country’s Location-Wise Oil Production in 2023-24 (MMT) Figure 3.8: Country’s Location-Wise Gas Production in 2023-24 (BCM) Andhra Pradesh Arunachal Pradesh Assam Eastern Offshore Western Offshore Gujarat Rajasthan Tripura West Bengal Tamil Nadu 4.36 14.90% 13.57 46.20% 4.42 15.10% 4.95 16.90% 1.46 5.00% 0.05 0.20% 0.25 0.90% 0 0.00% 0.002 0.01% 0.29 1.00% Andhra Pradesh Arunachal Pradesh Assam Eastern Offshore Gujarat Jharkhand Rajasthan West Bengal Tamil Nadu Tripura Madhya Pradesh 10.82 29.70% 3.49 9.60% 0.93 2.60% 0.01 0.03% 0.23 0.60% 2.2 6.00% 1.02 2.80% 1.52 4.20% 0.41 1.10% 0.04 0.10% 0.72 2.00% Grand Total 29.36 Grand Total 36.44 The Country’s oil and gas production has risen consistently under PSC regime starting from year 1994-95 with gas production reaching a peak level during 2023-24 at level of 26.77 BCM and oil production reaching a peak of 12.08 MMT in 2013-14. With a renewed impetus to the sector through HELP and DSF bidding rounds and upcoming policies supporting enhance recovery from existing fields, the production figures are likely to hit peak again in near future. OIL+COND (TMT) GAS (MMSCM) 26,774 5,000 10,000 15,000 20,000 25,000 30,000 254 642 1,343 2,514 3,042 4,018 4,083 4,140 4,088 4,314 4,300 4,552 4,830 5,087 4,674 5,263 9,682 10,527 11,640 12,076 11,785 11,356 10,532 10,059 88 334 510 1,681 2,874 3,465 3,596 4,054 5,407 6,491 6,784 7,358 7,040 7,727 8,090 21,985 21,609 14,491 9,497 8,912 8,235 6,872 6,338 94-95 95-96 96-97 97-98 98-99 99-00 00-01 01-02 02-03 03-04 04-05 05-06 06-07 07-08 08-09 09-10 10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18 9,868 5,477 18-19 8,436 4,770 19-20 7,374 4,321 20-21 7,253 10,502 21-22 6,530 11,440 22-23 6,803 14,032 23-24 Figure 3.9: Oil and Gas Production in PSC + CBM Contract Regime Since Inception till 2023-24
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