The Minister of State for Petroleum and Natural Gas RPN Singh informed that under Production Sharing Contract (PSC) regime, so far 149 hydrocarbon discoveries have been made; out of which 65 are oil discoveries. The commercial production of crude oil has already commenced from 11 discoveries (four each in Rajasthan and Gujarat, two in Western Offshore and one in Eastern Offshore). Other discoveries are under various stages of evaluation, appraisal, commerciality and development. The estimated time of commencement of commercial oil production from other discoveries will be known after the approval of Field Development Plans by the Managing Committees.
In the last five years (2007-12), ONGC has made 49 on-land discoveries of oil or oil and gas which are located in Assam, Andhra Pradesh, Gujarat and Tamil Nadu and 16 discoveries have been made in offshore basins, ie, eight each in East Coast and West Coast. The production from 45 on-land discoveries has already commenced.
Meanwhile, approximately 24 per cent of the total petroleum requirements have been indigenously produced in the country during 2011-12 and 76 per cent of total petroleum requirement has been met throÂugh imports.
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