India’s Oil & Natural Gas Reserves

As per the 2011 data, India’s total proven and indicated reserves are 757 million metric tonnes of crude oil and 1241 billion cubic meters of natural gas.

• The total number of exploratory and development wells and metreage drilled in onshore and offshore areas during 2010-11 was 420 and 1005 thousand metres respectively. (Onshore<Offshore)
• Crude oil production during 2010-11at 37.71 million metric tonnes is 11.91% higher than 33.69 million metric tonnes produced during 2009-10. Gross Production of Natural Gas in the country at 52.22 billion cubic metres during 2010-11 is 9.95% higher than the production of 47.50 billion cubic metres during 2009-10.
• The refining capacity in the country increased to 187.386 million matric tonnes per annum (MMTPA) as on 1.4.2011 from 183.386 MMTPA as on 1.4.2010. The total refinery crude throughput during 2010-11 at 206.15 million metric tonnes is higher about 7% than 192.77 million metric tonnes crude processed in 2009-10 (including data in respect of RIL,SEZ Refinery.)
• The production of petroleum products during 2010-11 was 190.364 million metric tonnes (including 2.168 million metric tonnes of LPG production from natural gas)against the last years production at 179.769 million metric tones ( including 2.243 million metric tones of LPG production from natural gas ).
• The country exported 59.13 million metric tonnes of petroleum products against the imports of 26.31 million metric tonnes (including 8.95 million metric tonnes of LNG) during 2010-11.
• The consumption of petroleum products during 2010-11 was 141.785 million metric tonnes (including sales through private imports) which is 3.60% higher than that of 138.196 million metric tonnes during 2009-10.
• The total number of retail outlets of Public Sector Oil Marketing Companies as on 1.4.2011 has gone upto 38964 from 36462 on 1.4.2010. The total number of LPG consumers of Public Sector Oil Marketing Companies as on 1.4.2011 were 125.266 million against 114.952 million as on 1.4.2010.
• The number of persons employed (including contract employees) in petroleum industry has been increased from 139865 on 1st April 2010 to 141929 on 1st April, 2011.