India's Hydrocarbon Outlook Report - 2023-2024

India’s Hydrocarbon Outlook 2024 111 A Report on Exploration & Production Activities Figure 3.12: Trend in Oil Production in PSC & RSC Regime from 2014-15 to 2023-24 Figure 3.13: Trend in Gas Production in PSC, CBM & RSC Regime from 2014-15 to 2023-24 -20% 0% 20% 40% 60% 80% 100% 0 2000 4000 6000 Oil Production (TMT) %age Growth over previous year (%) 8000 10000 12000 14000 14-15 15-16 16-17 OIL+COND (TMT) % age growth over previous year 17-18 11,785 11,356 10,532 10,059 -2% -4% -7% -4% 18-19 9,868 19-20 8436 -2% -14.5% 20-21 7374 -12.6% 21-22 7253 -1.6% 22-23 6530 -10.0% 23-24 6803 4.2% Gas Production (MMSCM) %age Growth over previous year (%) % age growth over previous year 14-15 15-16 16-17 17-18 18-19 -50% 0 5000 10000 15000 20000 25000 30000 GAS (MMSCM) 0% 50% 100% 150% 200% 8,912 8,235 6,872 -6% -8% -17% -8% 6,338 5,477 -16% 19-20 4770 -12.9% 20-21 4321 -9.4% 21-22 10502 143% 22-23 11440 8.9% 23-24 14032 22.7%

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