SINGALE 1-24.cdr - ONGC

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Glossary of terms • Condensates: Liquid hydrocarbons produced with natural gas, separated by cooling and other means. Development: Following discovery, drilling and related activities necessary to begin production of oil or natural gas. • Enhanced Recovery: Techniques used to increase or prolong production from oil and natural gas fields. • Exploration: Searching for oil and/or natural gas, including topographical surveys, geologic studies, geophysical surveys, seismic surveys and drilling wells. • Integrated Petroleum Company: A company engaged in all aspects of the industry from exploration and production of crude oil and natural gas (upstream) to refining, marketing and transportation products (downstream). • Liquefied Natural Gas (LNG): Gas that is liquefied under extremely cold temperatures and high pressure to facilitate storage or transportation in specially designed vessels. • Liquefied Petroleum Gas (LPG): Light gases, such as butane and propane that can be maintained as liquids while under pressure. • Oil Equivalent Gas (OEG): The volume of natural gas that can be burnt to give the same amount of heat as a barrel of oil (6,000 cubic feet of gas equals one barrel of oil). • Reserves: Oil and Natural Gas contained in underground rock formations called reservoirs. • Proved reserves are the estimated quantities that geologic and engineering data demonstrate can be produced with reasonable certainty from known reservoirs under existing economic and operating conditions. Reserve estimates change as additional information becomes available. • Recoverable reserves are those that can be produced using all known primary and enhanced recovery methods. • Work-Over: Remedial work to the equipment within a well, the well pipe work or relating to attempts to increase the rate of flow. • IOR/EOR: Improved Oil Recovery/ Enhanced Oil recovery. • 3P: Proved plus Probable plus Possible. 75
Report feedback We seek to develop and improve on our reporting process and welcome your feedback on this report. This would provide valuable inputs to our future reporting exercises. Feedback on this Report Mr. Ashok B. Chakraborty, Group General Manager, Chief, Carbon Management Group & Chief, Corporate Social Responsibility Oil and Natural Gas Corporation Limited, th 10 Floor, Core 4, SCOPE Minar, Laxminagar, Delhi-92 Email: chakraborty_ab@ongc.co.in Report Application Levels 2002 In Accordance C C+ B B+ A A+ Mandatory Optional Self Declared Third Party Checked GRI Checked Report Externally Assured Report Externally Assured Report Externally Assured 201020102010201020102010 201020102010201020102010 B + 201020102010201020102010 201020102010201020102010 201020102010201020102010 201020102010201020102010 GRI REPORT 201020102010201020102010 201020102010201020102010 SELF DECLARED 76
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www.ongcindia.com Oil and Natural G
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About this report Sustainability is
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ONGC legacy The dream of Pandit Jaw
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Primary products Our primary produc
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From the desk of Chairman and Manag
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We are inspired by the National Act
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Sustainability- our key risks and o
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Strategy & analysis We continuously
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Sustainability goals and setting of
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"We have been investing in sustaina
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Insights on performance Director (O
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Insights on performance Director (T
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Enhancing productivity & maintenanc
Page 28 and 29: E n h a n c e e x p l o r a t i o n
Page 30 and 31: Increase of funds allocated for cor
Page 32 and 33: A new approach to corporate social
Page 34 and 35: Awards to business units • Hazira
Page 36 and 37: Our company is an Indian State Ente
Page 38 and 39: Corporate governance ONGC’s philo
Page 40 and 41: Our leadership formalizing policy o
Page 42 and 43: Training institutes ONGC Academy, D
Page 44 and 45: New energy opportunities ONGC has t
Page 46 and 47: Health, safety and environmental ca
Page 48 and 49: Managing and reducing our environme
Page 50 and 51: Freshwater usage in Onshore locatio
Page 52 and 53: Our registered CDM projects Sl. No.
Page 54 and 55: Initiatives towards mitigation of f
Page 56 and 57: Developing and nurturing our workfo
Page 58 and 59: A small time for recreation Trainin
Page 60 and 61: Training needs assessment and perfo
Page 62 and 63: There has been no loss of workdays
Page 64 and 65: Marketing communication Almost all
Page 66 and 67: ONGC engages to help create livelih
Page 68 and 69: Our water management: CSR initiativ
Page 70 and 71: We nurture sports in India 67
Page 72 and 73: External assurance ASSURANCE STATEM
Page 74 and 75: GRI G3 index Strategy and Analysis
Page 76 and 77: GRI G3 index Management Approach an
Page 80: A Million Barrels……A Billion Sm
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SINGALE 1-24.cdr - ONGC

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