• ONGC ranks 3rd Oil & Gas Exploration & Production (E&P) Company in the world and 23rd among leading global energy majors as per Platts 250 Global Energy Companies List for the year 2009

• ONGC ranks 24th among the Global publicly-listed Energy companies as per ‘PFC Energy 50” (Jan 2008)

• Finance Asia 100 list ranks ONGC no 1 among Indian Blue Chips.

• Occupies 155th rank in “Forbes Global 2000” list 2010 of the world’s biggest companies for 2010 based on sales, profits, assets and market capitalisation.

• ONGC ranked 402nd position as per Fortune Global 500 - 2009 list;, based on revenues, profits, assets and shareholder’s equity.

 

ONGC has single-handedly scripted India’s hydrocarbon saga by:

• Establishing 6.89 billion tonnes of In-place hydrocarbon reserves with more than 300 discoveries of oil and gas; in fact, 6 out of the 7 producing basins have been discovered by ONGC: out of these In-place hydrocarbons in domestic acreages, Ultimate Reserves are 2.42 Billion Metric tonnes (BMT) of Oil Plus Oil Equivalent Gas (O+OEG).

•Cumulatively produced 803 Million Metric Tonnes (MMT) of crude and 485 Billion Cubic Meters (BCM) of Natural Gas, from 111 fields.

•ONGC has bagged 120 of the 238 Blocks (more than 50%) awarded in the 8 rounds of bidding, under the New Exploration Licensing Policy (NELP) of the Indian Government. ONGC has bagged 17 out of 31 blocks awarded in NELP round VIII (14 as operator).

• ONGC’s wholly-owned subsidiary ONGC Videsh Ltd. (OVL) is the biggest Indian multinational, with 40 Oil & Gas projects (9 of them producing) in 15 countries, i.e. Vietnam, Sudan, Russia, Iraq, Iran, Myanmar, Libya, Cuba, Colombia, Nigeria, Nigeria Sao Tome JDZ, Egypt, Brazil, Syria and Venezuela. OVL had invested around Rs 50,000 Crores (Approx 10 billion US dollars).

• Ranked at 2nd position in FE500 list 2010 in net worth and overall composite ranking.

• ONGC & MRPL won 6 Oil Industry Safety Awards for 2008-09 instituted by OISD, MOP&NG.

• Ranked at top of the Best companies to work for in Core Sector by Business Today in Feb 2010 edition.

• Golden Peacock Global Award 2007 for Excellence in Corporate Governance 2009”, conferred by World Council of Corporate Governance, London.

• Bagged “BML Munjal Award” for Excellence in Learning & Development in Public Sector category.

• Bestowed with “Leadership for Business Excellence Award” for leveraging IT in Oil & Gas Sector by Amity University

• ONGC awarded with Gold Trophy for SCOPE Meritorious Award for Corporate Social Responsibility & Responsiveness for the year 2007-08 and for R&D, Technology Development & Innovation for the year 2008-09

• Given Best Overall Performance Award amongst the upstream Sector Oil Companies for Oil and Gas conservation programme for 2009 by PCRA

• Clinched Dalal Street investment Journal PSU awards 2010 for Excellent Overall Performance in the category of heavy weights and Highest Market Capitalisation in the category of wealth Builders

• Rated ‘Very Good’ in MOU Performance Rating for 2008-09 by the Department of Public Enterprises, Ministry of Heavy Industries in Public Enterprises, GOI.

ONGC is the only fully–integrated petroleum company in India, operating along the entire hydrocarbon value chain:

• Holds largest share of hydrocarbon acreages in India.

• Contributes over 79 per cent of Indian’s oil and gas production.

• Refining capacity of about 12 MMTPA.

• Created a record of sorts by turning Mangalore Refinery and Petrochemicals Limited around from being a stretcher case for referral to BIFR to the BSE Top 30, within a year.

• Interests in LNG and product transportation business.

• All crudes are sweet and most (76%) are light, with sulphur percentage ranging from 0.02-0.10, API gravity range 26°-46° and hence attract a premium in the market.
  Strong intellectual property base, information, knowledge, skills and experience

• Maximum number of Exploration Licenses, including competitive NELP rounds. ONGC has bagged 120 of the 238 Blocks awarded in the 8 rounds of bidding, under the New Exploration Licensing Policy (NELP) of the Indian Government. ONGC has begged 17 out of 31 blocks awarded in NELP round VIII(14 as operator).


• ONGC owns and operates more than 22000 kilometers of pipelines in India, including nearly 4500 kilometers of sub-sea pipelines. No other company in India, operates even 50 per cent of this route length.

To focus on core business of E&P, ONGC has set strategic objectives of:

• Doubling reserves (i.e. accreting 6 billion tonnes of O+OEG).
  
• Improving average recovery from 28 per cent to 40 per cent.
  
• Tie-up 20 MMTPA of equity Hydrocarbon from abroad.
  

The focus of management will be to monetise the assets as well as to assetise the money.

• ONGC’s overseas arm ONGC Videsh Limited (OVL), continued to maintain robust growth during 2009-10.
• The First oil from BC-10 deepwater field in Brazil commenced from 12th July 2009 and currently producing at a rate of about 72,500 bopd.
• Production up from 6,000 bpd to 16.700 bpd from Imperial Energy fields in Russia.
• At close of the financial year 2009- 10, the Proved and Probable reserves (2P) of OVL stood at 357 MMTOE, the second largest holding of proven oil and gas reserves (2P) by any Indian Company, next only to ONGC.
• Consortium of OVL acquired 40% in Caraboo Venezuela in May 2010 for developing Carabobo 1 Norte & Carabobo 1 Centre blocks.
• The company now has participation in 40 projects in 15 countries. Out of 40 Projects, OVL is operator in 17 projects and joint operator in 6 projects in 11 countries. OVL is currently producing oil and gas from Block 6.1 in Vietnam, Greater Nile Oil Project and Block 5A in Sudan, Imperial Energy and Sakhalin-I Project in Russia, Mansarovar Energy Project in Colombia, Al Furat Project in Syria, PIVSA in Venezuela and Block BC-10 in Brazil. While 7 projects are under development, 23 projects are in exploration phase.
• OVL’s produced 8.87 MMTOE during FY 2009-2010, its highest ever production of oil and oil-equivalent gas (O+OEG). Consolidated turnover of OVL stood at 154.64 billion and OVL made a profit of Rs 20.90 billion.
• ONGC’s strategic objective of sourcing 20 million tonnes of equity oil abroad per year is likely to be fulfilled well before 2020.

• State-of-the-art seismic data acquisition, processing and interpretation facilities

• Uses one of the Top Ten Virtual Reality Interpretation facilities in the world

• Alliances with Transocean, Schlumberger, Halliburton and Baker Hughes, IPR, Petrobras, Norsk, ENI, Shell

• One of the biggest ERP implementations in the Asia

• ONGC’s success rate is at par with the global norm and is elevating its operations to the best in class level, with the modernization of its fleet of drilling rigs and related equipment.

• ONGC has adopted Best-in-class business practices for modernization, expansion and integration of all Info-com systems.

Onshore

• Production Installations :- 240

• Pipeline Network (km) :-17,500

• Drilling Rigs :- 69

• Work Over rigs :- 59

• Well Stimulation unit :-99

• Seismic survey crew :- 34

• Logging Units :- 32

• Engineering Workshops :- 2

• Virtual Reality Centre :- 5

• Regional Computer Centre :- 5

Offshore

•Well Platforms :- 160

• Well-cum-Process Platforms :- 5
• Water Injection Platform :- 7

• Process Platforms :- 22

• Well Stimulation unit :-7
• Drilling Rigs :- 9

• Pipeline Networks (km) :- 4,500

• Offshore Supply Vessels :- 73

• Multi Purpose Support Vessel :- 6

• Seismic Vessels :- 1

 

•ONGC posted a net profit of Rs. 167.68 billion despite volatile oil markets and crude prices.

• Net worth Rs. 864 billion

• Practically Zero Debt Corporate

• Contributed over Rs. 281 billion to the exchequer

ONGC looks forward to become an integrated energy provider, with:

• New Discoveries and fast track development

• Equity Oil from Abroad

• Downstream Value Additions & Forward Integration

• Leveraging state-of-the art technology and global best practices

• New Sources of Energy

• Production from small and marginal fields