28th May 2015 New Delhi

Media Interaction, FY’15

Presentation overview

Highlights 1

Performance FY’15 2

Pursuits 4

Overseas operations 3

Non-E&P business 5

ONGC Highlights: FY’15

22 hydrocarbon discoveries; 2P RRR – 1.38

Domestic crude oil production level maintained at 25.94 MMT

34.5% of Crude oil production from IOR/EOR schemes and 13.1% from New fields

Western Offshore crude production up by 4.3% (16.18 MMT in FY’15 against 15.52 MMT in FY’14) )

ONGC Highlights: FY’15

Gross Revenue for FY’15: ` 83,094 Crore

Profit After Tax (PAT) for FY’15: `. 17,733 Crore

No under-recovery in Q4 of FY’15; Total under-recovery in FY’15 ` 36,300 Crore, 36% less than FY’14

Dividend: 190% same as last year; total pay out ` 9,754 Crore

ONGC Videsh Highlights: FY’15

ONGC Videsh production up by 6% (8.87 Mtoe in FY’15 against 8.36 in FY’14)

Total Income: ` 19,149 Crore; down by 14% (` 22,224 Crore in FY’14)

PAT ` 1,904 Crore; down by 57% (` 4,445 Crore in FY’14) due to lower oil prices, higher finance cost, exchange loss, etc.

MRPL Highlights: FY’15

OMPL: ONGC Mangalore Petrochemicals Ltd.

FY’15: Turnover down by 17% due to lower product prices; PAT (-) ` 1,170 Crore down against ` 601 Crore in FY’14 due to inventory/exchange losses

MRPL increases its equity in OMPL (51%) for synergy of operations.

MRPL registers highest-ever thruput of 14.65 MMT in FY’15

All units under Phase-III refinery expansion project commissioned

ONGC Physical: Q4, FY’15

7

Domestic crude oil production levels maintained

Crude oil production (MMT) Gas production (BCM)

5.81 5.43

0.36 0.38

Q4 FY'14 Q4 FY'15

ONGC PSC-JV

5.53 5.54

0.94 0.91

Q4 FY'14 Q4 FY'15

ONGC PSC-JV

6.45 6.47 5.81 6.17

ONGC Financials: Q4, FY’15

8

Turnover down up by 1.3% due to higher crude sales; PAT down by 19.5%

21,403 21,683

Q4 FY'14 Q4 FY'15

4,889 3,935

Q4 FY'14 Q4 FY'15

Turnover PAT Under-recovery

` Crore

16,202

0

9,122

0

Q4 FY'14 Q4 FY'15

Subsidy Impact on PAT

1.3%

19.5%

Performance FY’15 2

ONGC Group

10

(Mtoe) Mtoe Oil Gas Total

ONGC 463.56 587.61 1,051.17

PSC JV 2.26 - 3.29 - 1.03

OVL 258.29 353.78 612.07

Total 724.11 738.10 1,662.21

711

23 203

936 1,051

-1

612

1,662

1,359

3

647

2,009

ONGC JV OVL Total

1P 2P 3P

2P Reserves = 1,662.21 mtoe (ONGC: 63%; OVL: 37%)

ONGC Group: Reserves (as on 1st April 2015)

Reserves (2P)

ONGC Group: O+OEG Production, FY’15

11

FY’15: Production levels maintained; Western Offshore production up by 4.3%;

ONGC Videsh registers 6% increase in O+OEG production

24.42 23.71 22.56 22.25 22.26

2.86 3.21 3.57 3.74 3.68

6.76 6.21 4.34 5.49 5.53

23.10 23.32 23.55 23.28 22.03

2.23 2.19 1.79 1.57 1.50

2.69 2.54 2.92 2.87 3.34

FY'11 FY'12 FY'13 FY'14 FY'15

ONGC (Oil) PSC-JV (Oil) OVL (Oil)

ONGC (Gas) PSC-JV (Gas) OVL (Gas)

60.93 61.18 58.73 59.20 58.34

ONGC 71%

JV 12%

OVL 17%

ONGC 82%

JV 6%

OVL 12%

Oil production (MMT)

Gas production (BCM) 3

1.4

7

26

.87

31

.48

2

7.7

2

ONGC Group: Financials, FY’15

12

Turnover down by 6.8%; PAT down by 31%

1,78,205

26,507

1,71,055 1,66,067

18,334

1,79,474

Turnover Net Profit Networth

FY'14 FY'15

` Crore

6.8%

31%

Performance FY’15 2

ONGC

New Prospects Discovery: 10

1 Rupal-2 Oil

2 YS-9 / YS-9-1 (Shift) Gas

3 Vadatal-10 Oil

4 TK-3A Gas

5 GKS092NAA-1 Gas

6 MD -5 Gas

7 GD-11-1 Gas

8 GK091NDA-1 Gas

9 Vadatal-11 Oil

10 South Pasarlapudi – 1 Oil

ONGC: Reserve Accretion

14

New Pool Discovery = 12

1 C-1-F (C-1, N. Tapti) Oil & Gas

2 C-1-H (C-1, N. Tapti) Oil & Gas

3 Gandhar-699 Oil & Gas

4 GS-29-10 Oil & Gas

5 RSAK (R-184) Oil

6 WO-5-11 Oil

7 Damoh-4 Gas

8 Madanam-6 Oil & Gas

9 G-1-NE-AB Oil & Gas

10 G-1-NE-AA Oil

11 Khoraghat-35 Gas

12 Khoraghat-37 Gas

22 Oil & Gas discoveries (7 in NELP blocks) Oil: 7; Oil & Gas: 6; Gas & Condensate: 9 (Onshore: 15; Offshore:7)

63.09 58.67

67.59

56.26

61.05

1.33 1.25

1.47

1.24

1.38

0.00

0.18

0.36

0.54

0.72

0.90

1.08

1.26

1.44

1.62

0

10

20

30

40

50

60

70

80

90

Res

erve

Rep

lace

men

t R

atio

Ult

imat

e R

eser

ves

(MM

T)

2P Reserves RRR

2P Reserve Replacement Ratio (RRR) more than 1 for 9 years

ONGC: Domestic Production

15

Crude oil production (MMT)

FY’14 FY’15

ONGC 22.25 22.26

PSC-JV 3.74 3.68

Total 25.99 25.94

Natural gas production (BCM)

FY’14 FY’15

ONGC 23.28 22.02

PSC-JV 1.57 1.50

Total 24.85 23.52

52.60 52.43

Domestic production = 49.46 MMtoe

51.47 50.84

O+OEG 50.84 49.46

49.46

24.42 23.71 22.56 22.25 22.26

2.86 3.21 3.57 3.74 3.68

23.10 23.32 23.55 23.28 22.02

2.23 2.19 1.79 1.57 1.50

FY'11 FY'12 FY'13 FY'14 FY'15

ONGC (Oil) PSC-JV (Oil) ONGC (Gas) PSC-JV (Gas)

Crude oil sales (ONGC standalone): 19.53 MMT in FY’15 against 18.87 MMT in FY’14

ONGC: Offshore Production, FY’15

16

Western Offshore crude production increased from 281 kbpd in April’14 to 322 kbpd in March’15 (up 14.6%)

281

322

260

270

280

290

300

310

320

330

'00

0 b

pd

Western Offshore (‘000 bpd)

• 1st Oil to FPSO on 26 Feb 2015 in Custer-7,

• New wells in NBP & B-193

• New wells in NBP (D-1) field • High rate ESP

61-6

2

62-6

3

63-6

4

64-6

5

65-6

6

66-6

7

67-6

8

68-6

9

69-7

0

70-7

1

71-7

2

72-7

3

73-7

4

74-7

5

75-7

6

76-7

7

77-7

8

78-7

9

79-8

0

80-8

1

81-8

2

82-8

3

83-8

4

84-8

5

85-8

6

86-8

7

87-8

8

88-8

9

89-9

0

90-9

1

91-9

2

92-9

3

93-9

4

94-9

5

95-9

6

96-9

7

97-9

8

98-9

9

99-0

0

00-0

1

01-0

2

02-0

3

03-0

4

04-0

5

05-0

6

06-0

7

07-0

8

08-0

9

09-1

0

10-1

1

11-1

2

12-1

3

13-1

4

14-1

5

ONGC: IOR/EOR

17

Onshore

Offshore

21 out of 26 IOR/EOR projects completed

Incremental gain in FY’15: 7.19 MMT (34.5% of ONGC’s crude

oil production)

Total Investment ` 36,187 Crore against planned investment of

` 55,000 Crore

Total incremental gain ~ 94.66 MMT up to FY’15

Total envisaged gain : 185 MMT

68,649

76,888 83,309 84,201 83,094

18,924 25,123

20,926 22,095 17,733

FY'11 FY'12 FY'13 FY'14 FY'15

ONGC: Financials

18

Gross Revenue down by 1.3%; PAT down by 9.3%

Gross Revenue & PAT (` Crore)

Negative impact on revenue during FY’15 mainly due to lower price of Crude Oil & VAP. Offset to some extent by increase in crude oil sales and enhanced gas price.

7,486 8,342 8,128 8,128 8,128

1,216 1,329 1,301 1,381 1,626

FY'11

(175%)*

FY'12

(195%)

FY'13

(190%)

FY'14

(190%)

FY'15

(190%)

Dividend Tax on Dividend

ONGC: Dividend

19

Plus Dividend Tax of Rs.1,626 Crore

Dividend 190%; total payout Rs. 8,128 Crore

45.84

55.01

30

35

40

45

50

55

60

FY'11 FY'12 FY'13 FY'14 FY'15

Perc

enta

ge

With dividend tax

Without dividend tax

Dividend (Rs Crore) Dividend pay-out ratio (%)

9,754 8,702 9,671 9,429 9,509

*Adjusted for issue of Bonus

ONGC: Capex

20

Capex FY’15 ` 29,939 Crore

28,276 29,247 29,508

32,470

29,939

FY'11 FY'12 FY'13 FY'14 FY'15

(` Crore)

`149,439 Crore Capex in last 5 years

Survey

6.2%

Expl.

Drilling

37.3%

Dev.

Drilling

24.0%

Capital

Projects

26.6% R&D

1.8%

Integration 4.1%

ONGC: Under-Recovery

21

Subsidy sharing (Rs. Crore) Impact on PAT (Rs. Crore)

2,690 4,104

11,958

17,025

22,000

28,226

11,554

24,892

44,466

49,421

56,384

36,300

1,596 2,553

7,210

10,333

13,241

15,798

6,551

14,247

25,535

28,413

31,524

20,437

FY’15: Under recovery = Rs.36,300 Crore; down 36%

Total subsidy: Rs. 309,020 Crore Impact on PAT: 177,438 Crore

22

0

20

40

60

80

100

120

140

Q1

'02

Q2

'02

Q3

'02

Q4

'02

Q1

'03

Q2

'03

Q3

'03

Q4

'03

Q1

'04

Q2

'04

Q3

'04

Q4

'04

Q1

'05

Q2

'05

Q3

'05

Q4

'05

Q1

'06

Q2

'06

Q3

'06

Q4

'06

Q1

'07

Q2

'07

Q3

'07

Q4

'07

Q1

'08

Q2

'08

Q3

'08

Q4

'08

Q1

'09

Q2

'09

Q3

'09

Q4

'09

Q1

'10

Q2

'10

Q3

'10

Q4

'10

Q1

'11

Q2

'11

Q3

'11

Q4

'11

Q1

'12

Q2

'12

Q3

'12

Q4

'12

Q1

'13

Q2

'13

Q3

'13

Q4

'13

Q1

'14

Q2

'14

Q3

,14

Q4

,14

Q1

, 15

Q2

,15

Q3

,15

Q4

,15

Rates FY’08 FY’09 FY’10 FY’11 FY’12 FY’13 FY’14 FY’15

Pre-discount 85.54 86.15 71.65 89.41 117.40 110.74 106.72 85.28

Discount 32.64 38.45 15.71 35.64 62.69 62.89 65.75 40.41

Post-discount 52.90 47.70 55.94 53.76 54.71 47.85 40.97 44.87

Realizable

Realized

FY’15: Under-recovery @ $40.41/bbl; Q4,FY’15 – no subsidy

No subsidy in Q4, FY’15

ONGC: Under-recovery

Overseas operations 3

ONGC Videsh

ONGC Videsh, a wholly owned subsidiary of ONGC

Overseas investment

US$ 23.81 billion till FY’15

2P Reserves of 612 MMTOE

FY’15: Oil & Gas production 8.87 MMTOE (182,343 boe/day)

ONGC Videsh

24

36 projects in 17 countries

Exploration: 17 Discovered/ Develop: 4

Producing: 13 Pipeline: 2

Libya 1

Sudan 1

South Sudan 2

Mozambique 1

Venezuela 1 1

Colombia 7 1

Brazil 1 1

Syria 1 1

Iraq 1

Middle East

Latin America Africa

Vietnam 1 1

Myanmar 2 2

Bangladesh 2

South East Asia

Azerbaijan 1

Russia 2

Kazakhstan 1

CIS

N. Zealand 1

Asia-Pacific

ONGC Videsh: Global footprint

25

ONGC Videsh: Reserves

26

Oil (MMT)

Gas (BCM)

Total (MMtoe)

1P 110.72 91.92 202.64

2P 258.29 353.78 612.07

3P 275.34 372.15 647.49

Overseas O+OEG Reserves

612 MMtoe of 2P O+OEG reserves in 11 countries

Russia 42%

Sudan 3%

S.Sudan 1%

Syria 1%

Brazil 2%

Colombia 1% Venezuela

10%

Vietnam 1%

Myanmar 3%

Azerbaijan 1%

Mozambique 35%

Country wise Reserve (2P)

6.76 6.21

4.34 5.49 5.53

2.69 2.54

2.92

2.87 3.34

FY'11 FY'12 FY'13 FY'14 FY'15

Oil (MMT) Gas (BCM)

ONGC Videsh: Overseas Production

27

7.26

9.45

FY’15 Production 8.87 MMtoe (6% higher than in FY’14 - 8.36 MMtoe)

8.75

Russia 28%

Syria 0%

Myanmar 7%

Sudan 8%

S.Sudan 0%

Colombia 7% Vietnam

20%

Venezuela 9%

Brazil 10%

Azerbaijan 11%

8.36 8.87

Country wise production

Continuing problem

Incremental production from BC-10 (Brazil), Blocks A-1 & A-3 (Myanmar) and Shakhalin-1 (Russia)

ONGC Videsh: Financials

28

FY’15: Revenue down by 14.6%; PAT down by 57.2%

Total Income & PAT (Rs. Crore)

Lower Revenue & PAT due to

18,683

22,637

18,029

22,224

19,149

2,691 2,712 3,929 4,445

1,904

FY'11 FY'12 FY'13 FY'14 FY'15

Turnover (Rs. Crore) PAT (Rs. Crore)

Lower oil prices

Higher financing cost & Exchange loss

Higher depletion & impairment

Pursuits 4

Field Development

30

C-Series

B-22 Cluster B-193 Cluster

NBP (additional)

Cluster-7

BHE & BH-35

WO-16-Cluster

SB-14 field B-127 Cluster

C-26 cluster

B-46 Cluster

G-1-GS-15

SB-11

North Tapti

Vasai East

Under implementation

15 projects taken up for monetization of 39 new/ marginal offshore fields with an investment of ` 38,602 Crore.

9 projects completed

P R O J E C T S

C O M P L E T E D

On

P R O D.

FY’15: Contribution from these fields - Oil: 2.74 MMT (13.8% of ONGC’s crude production); Gas 3.35 BCM (15% of gas production)

Major new projects

31

Daman Project

MHS – Phase-III

MHN – Phase-III

Gamij field development

Addl. Development Vasai East

Vasistha & S-1 Development

Addl Development Bassein field Heera-South Heera Redev. Ph-II

Nagyalanka field development

` 6,086 Cr.

` 4,124 Cr.

` 4,620 Cr.

` 2,477 Cr.

` 1,881 Cr.

` 5,000 Cr.

Total ` 24,188 Cr.

` 5,813 Cr.

` 6,069 Cr.

` 5,608 Cr.

Total `17,490 Cr.

Development projects Re-development projects

6 major field development & 3 re-development projects taken up with an investment of Rs. 41,678 Crore

Now full focus on development of KG-DWN-98/2

32

Project cost ` 6,086 Crore

Incremental gas production: 27.67 BCM by 2034-35

Peak production 8.5 mmscmd (upside potential 10 mmscmd)

To utilize Tapti JV infrastructure

Daman Development

Project under Implementation

33

Development of Vashista & S-1 fields

Project under Implementation

• Project cost: ` 4,124 Crore • Incremental gas production:

15.96 BCM by 2025-26 • Completion: April 2017

34

Additional Development S. Bassein

Project under Implementation

• Project cost: ` 4,620 Crore • Incremental gas production:

18.83 BCM by 2030-31 • Completion: April 2017

35

Additional Development Vasai East

Project under Implementation

• Project cost: Rs. 2,477 Crore • Incremental production: Oil -

1.83 MMT & Gas 1.97 BCM by 2029-30

• Completion: Dec 2018

36

OGNAJ

WADSAR

Gamij, Ahmedabad

Project under Implementation

• Project cost: Rs. 1,881 Crore • STOIIP: 51.39 MMt; incremental

oil 2.29 MMT • Crude production to be ramped

up from 350 tpd to 1,474 tpd

37

Nagyalanka, KG Basin

Nagyalanka, in KG-ONN-2003/1 – a HP/HT field; ONGC: 51% (Operator); Cairn India Ltd. (49%)

• Project cost: US$ 786 million (~ ` 5,000 Crore)

• In-place reserves: Oil 13.93 MMT; Gas 9.43 BCM • Production gain: Oil 2.54 MMT;

Gas 1.31 BCM • First production by Sept’16

Project under approval

MHN Redevelopment Phase-III

38

N19-1H

N19-2

N19-3H

N21-1H

N21-2H

N21-3H

N21-4H

N21-5H

N21-6H

N21-7H

N22-1

N22-2

N22-4

N22-3N22-5

N22-6H

N22-7H

N22-8H

N23-7

N23-4H

N23-3H

N23-2HN23-1H

N23-5H

N23-8

N23-9

N23-6H

N24-1

N24-2

N24-3

N24-4

N24-5

N24-6

N24-7

P6486

P6582

N21-8H

N24-8

LA

LB

LC

LD

LEN1

N10

N11

N12

N2

N3

N4

N5

N6

N7

N8

NA

N9

NB

NC

ND

NE

NH

NHO

NI

NJ

NK

NO

NP

NQ

NR

NS

NTNU

NV

NW

NX

WI-2

WI-3

WI-4

WI-5

N14

N20

N18

N17

N15

N16

BH-1

BH-14

BH-15

BH-19

BH-2

BH-3

BH-4BH-47

BH-48

BH-58

BH-59

BH-65

BH-8

1

10H

11H

2

3

4

4ZH

5

6H

7

8

9

1

1ZH

22ZH

3H

44ZH

5H

6

7

8H

99ZH

1

10H

11H11ZH

12

1ZH

22ZH

3H3ZH

4H

4Z5

6

6ZH7

8

8ZH

9H

9ZH

LC-SS

1

10

11H

2

3

4H

5H

6

7

8

9

1

1ZH

22ZH

3

44Z

5

6

7

8H

9H

1

2H

3H

4H

5H 6

7H

8H

9H

1

1

2H2ZH

3H

4H 5

6H

7H7ZH

8H

9H

1Z

2

1

2H

2ZH

3H

4H

5H

6H

8H

9H

2ZH3

4

56H

7H

8H 9H

1

10H

1ZH

2

2ZH

3

44ZH

5

8

9H

A-1H

A-2H

A-3H

A-4H

A-5H

A-6H

1

1ZH

2

33ZH

4

5

5ZH6

6ZH

7H

8H

9H

1

2

2X2Y2Z

3

3Z

44ZH

5

6

7

8

9

110

11HA

11YH11ZH

12H

13H

13ZH

1ZH

2

3

4

5

6

8

9

1

10H11

1Z

2

3

4

5

6

7 7Z

8

9H

E

1

1ZH

2

3

4

4ZH

5

6

H1

H2

H3

1

10H 10Z

11HA

12

2

3

4

5 5Z

6

7

89

1H

2H

3H 4H4XH

4YH

4ZH

5H5ZH

6H

7H88ZH

9H

1

1YH1Z

23

4

4ZH

12

2YH

2Z

3

3YH

3Z4

4YH

4Z

1

2

3

3Z

4

4Z

5

6

1

1ZH

2

3

4

5

6H

1

1ZH

2

2Z

3

3XH

3Y

3Z

4

4Z

5H

7H

8H

A-1H

A-2H

A-3H

A-4H

A-5H

A-6H

1

2

2YH

2Z3

4

55Z

6H

7H

8H

9H

A-1H

A-2H

A-3H

A-4H

A-5H

A-6H1

2

1

22Z

3

4

4ZH

5

66Z

78

9

11Z

2

3

4

5

6

7

8

9

1

22YH2Z

3

3Z

4

5H

1

2

3

4

5

5Z

6

6Z

7H

8H

9H

1

10H

11H

5

66Z7

8

8Z

9

A

AZ

BBZHH1

11Z

22Z

3

4

5

6

7

8

9

1

2

4

5

6

H

2Z

10H

11H

22Y

2Z

33ZH

4

5

5Z 6

6Y

6ZH

7

8H

9H

B

BYH

BZ

BZH

H

HZ

1

22Z

3

4

5

6

77ZH

8

8Y

8ZH

9H

11YH

1Z

2

3

3ZH

4

4YH4ZH

5

5ZH

6

6ZH

7H

8H

9H

1

2

3

4

5

5Y

5Z

6

6YH6ZH

7

8

1

22ZH

33ZH

44ZH

5

6

7

8

9

1

2

3

4

4Z

5

6

7

8

9

1

1Z

2

2Z

3

4

5

1

2

2Z

3

4

5H

6H

1

2

3

4

5H

6H

1

2

3

3ZH

4

5

6

11ZH

9Y

3Z

8Z

8ZH

10Z

1YH

2XH

1ZH

12H

12H

6H

3XH

6Z

4ZH

1ZH

8ZH

1YH

6ZH

1H

10

7H

1

4

5

7ZH

9

2H

2

1

AMH-4

3

4

5

3H

7H

1H

5H

8

9H

5H

7H

3

7H8H

8H

6H

6H

2ZH

3

5H

7H

8

6

5H

2

12H

7H

3H

4ZH

10

9

3

2

4

1H

7

8Z

6ZH

3Z

6

1

4

10

9

8H

4H

5H

6

N15-9

NQ-10

N15-10

N16-11

N5-1

NW-1

N9-1

N16-9

N16-10

NA-3

N1-2zH

NB-1

NC-5

NC-6

NR-2Y

NR-4

NR-6

LA-9

LA-11z

LA-6Z

LE-6

N19

N21

N22

N23

clampon

N24

L-III OIL

L-III Inj

L-I OIL

L-I INJ

S1 GAS

A2-V

N17-9

B

N17-10

B

N10-8ZH

A2-VII

N6-9Z

A1

NH-3ZH

A1

NK-3Y

A2-VII,B

NS-BX

A2-VII,B

NT-5Z

A2-VII,B,C

NT-7YH

A1

NV-3Y

A1

WI4-1ZHL1

A1

WI4-1ZHL2

B

NJ-2Z

A2-VII,B

LE-1Y

Land

WI4-1ZH

NP-13

NP-14

A1

N1-2ZH

A1

N1-7H

A1

NE-5H

A1

NEA-1H

A1

NU-1YH

A1

NU-7H

A2-VII

LA-3Z

A2-V,VI,VII,B,C

LA-10H

A2-V,VI,VII

LE-2ZHA2-V,VI,VII,B,C

LE-3L

A2-V,VI,VII,B,C

N7-5L

A2-VI,VII

N7-H3Z

A2-V,VI

N7-H2Z

A2-V,VI

NP15

A2-V

NP-1Z

A2-V,VI,VII,B,C,D

NQ-3L

A2-V,VI,VII,B

NR-5Z

A2-VII

NS-13

A1

ND-2ZH

A2-V, VII, B, C

NJ-7Z

NT-3

N17-11H

N17-12H

L-II

732800 733600 734400 735200 736000 736800 737600 738400 739200 740000 740800 741600 742400 743200 744000 744800 745600 746400 747200 748000 748800 749600 750400 751200 752000 752800 753600 754400 755200 756000

732800 733600 734400 735200 736000 736800 737600 738400 739200 740000 740800 741600 742400 743200 744000 744800 745600 746400 747200 748000 748800 749600 750400 751200 752000 752800 753600 754400 755200 7560002154400

2155200

2156000

2156800

2157600

2158400

2159200

2160000

2160800

2161600

2162400

2163200

2164000

2164800

2165600

2166400

2167200

2168000

2168800

2169600

2170400

2171200

2172000

2172800

2173600

2174400

2175200

2176000

2176800

2177600

2154400

2155200

2156000

2156800

2157600

2158400

2159200

2160000

2160800

2161600

2162400

2163200

2164000

2164800

2165600

2166400

2167200

2168000

2168800

2169600

2170400

2171200

2172000

2172800

2173600

2174400

2175200

2176000

2176800

2177600

0 500 1000 1500 2000 2500m

1:50000

Location Map MHNRD_Ph-III Final

N23

N22

N19

N21

N24

N11

New Platform Clamp-on

Monetizing untapped reserves & tapping bypassed oil in western periphery

• Capex: Rs.5,813 Crore • 5 new platforms • Wells: 52 new & 24 sidetracks • Incremental production Oil:

6.99 MMT; Gas: 5.25 BCM by 2030

• Incremental production already started through existing slots

• Completion: Facilities by April 2016; Wells by May 2017

MHS Redevelopment Phase-III

39

• Capex of ` 6,069 Crore • 6 new platforms • Wells: 36 new & 34 sidetracks • Incremental production Oil: 7.547

MMT & Gas: 3.86 BCM • Incremental production already

started through existing slots • Completion: Facilities by April 2016,

Wells by March 2019

Monetizing untapped reserves from L-II, S-1, L-III and Basal Clastic reservoirs.

Heera & S.Heera Redevelopment Phase-II

40

• Capex - ` 5,608 Crore • 3 well platforms, 1 process

platform, 3 clamp-on and & pipeline

• Wells: 42 • Incremental production Oil:

13.36 MMT, Gas: 1.67 BCM by 2034-35

• Production already started • Completion: Dec’2015

Monetizing untapped reserves from L-II, S-1, L-III and Basal Clastic reservoirs.

Wind Farm

41

First 51 MW wind farm commissioned in Gujarat on 6th Sept 2008

51 MW Wind farm commissioned in Gujarat in 2008

Investment: ` 678 Crore

Test production started

102 MW Wind farm set up in Rajasthan

Beyond hydrocarbons

42

US Patent & Trademark Office has issued a Patent to ONGC Energy Centre (OEC) & Institute of Chemical Technology (ICT), Mumbai for the innovative research

work on “Hydrogen Production Method by Multi-step Copper-Chlorine Thermochemical Cycle

Thermo-Chemical Reactor for Hydrogen Generation. Collaborative projects with IIT-D & ICT, Mumbai. Three reactors under installation

Uranium exploration: Thirteen Parametric wells in Suket-Jhalawar area of Rajasthan & three wells in Kaikalur area of Tamil Nadu taken up during FY’15.

One well identified for Geothermal potential Cambay basin in collaboration with M/s. Talboom, Belgium

Non-E&P business 5

Mangalore Refinery Petrochemicals Ltd.(MRPL)

44

15 MMTPA state-of-art Refinery

Now a Schedule-A Company

FY’15: Highest-ever Throughput

14.65 MMT in FY’15 (14.55 MMT in FY’14)

• All units under Phase-III refinery

expansion commissioned

• Plan for opening of 100 retail

outlets

• MRPL producing EURO IV grade of

petrol & diesel and is equipped for

commercial production of EURO V

MRPL Financials

45

Turnover down by 17% due to lower product prices

PAT in FY’15 Rs. (-) 1,712 Crore against Rs. 601 Crore in FY’14 due to exchange & inventory loss

Turnover (` Crore) Profit after Tax (` Crore)

43,724

57,207

68,834 75,227

62,393

FY'11 FY'12 FY'13 FY'14 FY'15

1,177 909

-757

601

-1,712 FY'11 FY'12 FY'13 FY'14 FY'15

17%

Project cost: ` 6,875 Crore

Aromatic Petrochemical Complex producing Paraxylene & Benzene

Equity Structure*: MRPL-51%; ONGC-49%

Now a subsidiary of MRPL – synergy between MRPL & OMPL

46 @ MRPL

ONGC Mangalore Petrochemicals Ltd. (OMPL)

Benzene & Para-xylene production started – October 2014

* wef 28th Feb 2015

Naphtha & Aromatic streams

Feedstock@

Para-xylene: 914,000 TPA Benzene: 283,000 TPA

Products

Project cost: ` 27,011 Crore

1.1 MMTPA Ethylene Cracker & Polymer plant

47

Project status: 94% completed

* Hazira (1.2 MMTPA) & Uran (0.3 MMTPA) @ From C2-C3 Plant

ONGC Petro Additions Ltd. (OPaL)

C2: 0.535 MMTPA C3: 0.271 MMTPA C4: 0.167 MMTPA Naphtha*: 1.5 MMTPA

Feedstock@

HDPE/LLDPE: 1,020 KTPA Poly-propylene: 340 KTPA Benzene: 150 KTPA Butadiene: 115 KTPA Pyrolysis Gasoline: 135 KTPA Carbon Black Feed Stock: KTPA

Products

48

726.6 MW (363.3x2) Combined Cycle Gas Turbine (CCGT) thermal power plant

Equity holding: ONGC (50%), Govt. of Tripura (0.5%), IL&FS (26%) & IDFC (23.5%)

ONGC Tripura Power Company Ltd. (OTPC)

IL&FS: IL&FS Energy Development Company Limited

IDFC: India Infrastructure Fund-II through IDFC Alternatives Ltd’s

1st Unit operational since Jan’14.

2nd unit dedicated to nation by Hon’ble Prime Minister of India in Dec’14.

Project cost: ` 4,047 Crore. (Debt/Equity=75:25)

Biggest project in NE region considering investment in E&P, gas & power transmission

Commitments 6

50

Focus Areas

Health care

Entrepreneurship devl.

Infrastructure devl.

Environment protection

Promotion of artisans

Education

Water management

Care for differently abled

Women empowerment

Promoting sports

11

6.0

5

16

9.5

4

16

9.0

4

26

8.8

0

21

9.0

3

12

1.0

8 26

3.4

3

34

1.2

5 4

95

.23

0.00

0.50

1.00

1.50

2.00

2.50

0

100

200

300

400

500

600

FY'07 FY'08 FY'09 FY'10 FY'11 FY'12 FY'13 FY'14 FY'15

Pe

rce

nta

ge o

f P

AT

Rs.

Cro

re

CSR Expenditure Rs.2,163 Crore in last 9 years

ONGC pursuing major projects - setting up Educational Institutes, Hospitals, Wind farm

2% of PAT for CSR activities

Caring society

51

Integrity Pact was signed with Transparency India Ltd. on 1st July’05

A first by any Indian company

ONGC ranked 26th among 124 global companies by ‘Transparency International’ for ethical & transparent business practices

Source: 'Transparency in corporate reporting: Assessing the world's largest companies’ Report 2012‘, Transparency International

ONGC: Acclaimed for Transparency

ONGC – one of the only two companies and the only PSU to feature in the highly prestigious list

The assessment focused on three parameters - reporting on anti-corruption programs, organizational transparency and country by country reporting.

ONGC ranks above several oil majors and NOCs

52

2014

ONGC ranked 217 in Newsweek Green Rankings 2014 Global 500 list (ranked 386th in the previous edition of the rankings)

UNFCCC (United Nations Framework Convention on Climate Change)

ONGC registers one of the largest CDM project in world on OTPC for an annual CER of 1.6 m with UNFCCC.

12 projects registered with UNFCC, highest by single entity. Issued 2,69,029

CERs (Certified Emission Reductions).

Sustainability

53

Among only two companies from India in the list

Only PSU to figure in the list

(Based on the survey of the identified respondents)

# 3 E&P Company in the World

# 21 Energy Company in the World (Based on Asset, Revenue, Profit & ROCE)

# 357 by Revenue among global 500 companies ‘Randstad Award

2013’ for Most

Attractive

employer in

Energy Sector in

India

Fortune Global 500 (2014)

October, 2014

Fortune World’s most Admired Companies 2014

Globally acclaimed

# 424 by Revenue among global 500 companies

Global 2000 list 2014

# 183 in the Forbes Global 2000 list of world's

biggest companies. (Based on Sales, Profit, Assets, Market

Value).

Recognitions

54

Gold Trophy of SCOPE Meritorious Award for Corporate

Social Responsibility & Responsiveness

ONGC won five safety awards in different categories and

one individual award instituted by Oil Industry Safety

Awards (OISD), MoP&NG

SCOPE Award for Excellence & Outstanding contribution

to the Public Sector Management

ONGC clinched 3 prestigious awards in PetroFed Oil &

Gas Industry awards 2012 including the award for

‘Exploration & Production Company of the year’

Rashtriya Khel Protsahan Puruskar from Hon’ble

President of India – Aug’14

Thank You