On the other hand, cumulative natural gas production in 2019-20 was 31,179.96 million metric standard cubic metres (MMSCM), 5.2 per cent lower than the 32,873.4 MMSCM during 2018-19.
This comes at a time when the Indian crude oil basket was seen at a record low of $16.38 a barrel on Wednesday.
From the negative price early this week, West Texas Intermediate (WTI) crude recovered 7.5 per cent to $14.81 a barrel at one point on Thursday.
The price of Brent crude was also up 5.1 per cent at $21.41 a barrel.
Cumulative crude oil production
by ONGC and Oil India dropped 1.97 per cent and 5.66 per cent, respectively, over 2018-19.
On the other hand, natural gas production by both companies saw a drop of 3.76 per cent and 1.97 per cent, respectively, over 2018-19.
Refinery production in March 2020 was 21.2 million tonnes, 5.74 per cent lower than in March 2019.
Production during 2019-20 was about 254.38 million tonnes, 1.1 per cent lower than in 2018-19. The output of public-sector refineries during 2019-20 was about 144.71 million tonnes, which is 2.18 per cent and 4.15 per cent lower than the target for the year and the production in 2018-19, respectively.