SR I_Brochure_I c.cdr - ONGC

• We recorded a historic performance by achieving a net profit after tax of INR 189.24 billion during the fiscal year 2010-
11 in comparison to the previous year's figure of INR 167.68 billion.
• We made a total of 24 discoveries in the domestic operations. Out of these, 15 are New Hydrocarbon Prospects and 9
are New Hydrocarbon Pools. 9 discoveries out of the total 15 on-land discoveries have also been placed under
production.
• We achieved in place hydrocarbon reserves of 236.92 MMTOE and Ultimate Reserve (3P's) accretion of 83.56 MMTOE from
self operated domestic acreages for the year 2010-11. The Ultimate Reserve Accretion is the highest in the last 21 years.
• We struck Shale gas, for the first time in India, at the well RNSG #1 at Icchapur near Durgapur, West Bengal, confirming
the presence of Shale gas in India. We created an exploration landmark in the geological history of India when gas
flowed out from the Barren Measure shale at a depth of around 1700 m, in this first R&D well on 25 January, 2011.
• We submitted bids for 28 Oil & Gas exploration blocks and were awarded 10 blocks out of the total 34 blocks offered in
the NELP-IX (New Exploration License Policy) round of bidding: five blocks are in deepwater and five in shallow water
in offshore areas.
• Our Hazira Plant achieved the Gas sales of 10135.75 MMSCM, the highest in the last seven years.
• We drilled 381 wells (Exploratory + Development) during the year 2010-11, which is the highest during last 15 years.
We also drilled 223 development wells in Onshore, which is the highest in number since the last 21 years whereas a
total of 256 Development wells (Onshore + Offshore), which is the highest in the last 17 years.
• Our market capitalization crossed the INR 3 trillion mark on 14 September, 2010.
• ONGC was conferred the status of Maharatna PSU on 16 November, 2010.
• ONGC has been declared as No.1 E&P (Exploration & Production) Company in the world and the 18th among leading
global energy majors as per the list of Platts Top 250 Global Energy Company Rankings 2010 (November 2010).
• ONGC has been ranked 21st among the Global publicly-listed energy companies by market capitalization as per 'PFC
Energy 50' list (January 2011).
• ONGC has been ranked 2nd in the latest list of top 500 companies of India by Financial Express for the year 2010-11,
based on composite overall ranking amongst all companies in India.
• ONGC has ranked 4th in Business World's latest survey, on the most respected Companies of 2011, (both private and
public sector) in India. ONGC has emerged as the sector leader (oil & gas sector) and the most respected company
amongst all the PSUs.
• ONGC bagged the PetroFed Oil & Gas Industry Awards 2009 and 2010 for excellence in various categories.
• ONGC bagged the 'Innovator of the year' Team category award for the year 2009, which was given to the Institute of
Reservoir Studies, ONGC.
• ONGC occupies the top rank (100% score jointly with BG and BHP Billiton) as per Promoting Revenue Transparency
(PRT) Report 2011.
• ONGC has been ranked as the ‘Best Employer to work for’ among all PSUs as well as the ‘Best Employer to work for’ in
the core sector (Oil & Gas) including private & public as per Business Today Survey (February 2011).
Hon’ble President of India Smt. Pratibha Patil conferring recognition of excellence to ONGC