Quarterly Updates3 Oct 2026, 05:30 pm
Vedanta Oil & Gas Q2 FY27 Production Down 7% QoQ to 72.2 kboepd
AI Summary
Vedanta Oil and Gas Limited announced its production for the second quarter ended September 30, 2026. Average Daily Gross Operated Production stood at 72.2 kboepd, a 7% decrease from the previous quarter (1Q FY27) and an 18% decrease year-on-year (2Q FY26). This decline was primarily attributed to natural decline at the Rajasthan fields, partially offset by production optimization initiatives at Ravva. The Cambay block's production figures are factored only until July 21, 2026, due to ongoing legal and operational transitions. The company continues to focus on arresting base decline and building future growth through optimization and enhanced oil recovery projects.
Key Highlights
- Q2 FY27 gross operated production at 72.2 kboepd, down 7% QoQ.
- Rajasthan production declined 15% QoQ due to natural decline.
- Ravva production saw a slight 1% decrease QoQ.
- Cambay block production impacted by operational handover and legal issues.
- Company focuses on optimization and EOR to arrest decline and drive growth.
Price Impact
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