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7/26/2019 ONGC GT-Presentation - Class Notes
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Welcome
Tuesday, November 12, 2013 1
Welcome to ONGC
Welcome to you all, for joining the
team of about 32923* strong
professionals. You have joined a
mainstream organization, actively
Tuesday, November 12, 2013 2
and contributing towards your
nations energy security.
* Manpower Status as on 01-04-2013
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Welcome to ONGC
You are now a proud member of thefamily contributing significantly tonations GDP through IntegratedEnergy business and to Central
Tuesday, November 12, 2013 3
.Custom, Income Tax, Sales Tax,
Octroi, Cess & Royalty.
Presentation SequencePresentation Sequence
ONGC: Past & Introduction
Present Scenario
Vision & Mission
Tuesday, November 12, 2013 4
SWOT Analysis
Strategies for brighter tomorrow
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Tuesday, November 12, 2013 5
Working for Indias Energy Securi ty
ONGC: An Introduction
A Humble Beginning
Soon after Independence, the
Government of India formulated a
national policy, which made
Tuesday, November 12, 2013 6
development of oil resources the
exclusive responsibil ity of the State.
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ONGC: An Introduction
As a first step towards the
implementation of this policy, a
Petroleum Division was created in
October, 1955, exclusively for oil
Tuesday, November 12, 2013 7
the Geological Survey of India.
ONGC: An Introduction
,
of Oil & Natural Gas and was raised to the
status of a Commission on August 14, 1956.
The Commission was later converted into
Statutory Body on October 15, 1959 with
Tuesday, November 12, 2013 8
Headquarters at Tel Bhavan, Dehradun. It
was formed under an Act of Parliament as a
`Commission`
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ONGC: An Introduction
s crea on n was o re ec e
philosophy of self-reliance contained in
the Industrial Policy Resolution of that
year.
Tuesday, November 12, 2013 9
,
sector such as oil and gas exploration
would be reserved for the state-ownedunits.
ONGC: An Introduction
ONGC came into being at a time when
most of the oil in India was
undiscovered.
The indigenous production was
Tuesday, November 12, 2013 10
,
where oil had been struck as far back
as 1890, in Digboi Oil Field of
BOC/AOC.
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ONGC: An Introduction
No further discovery was made till the
middle of 20th century.
In early fifties, BOC, which was later
nat ional ized and renamed as Oil India
Tuesday, November 12, 2013 11
,
fields namely Noharkatia & Moran in
Upper Assam & began their
development.
ONGC: An Introduction
From modest scale of Operat ion in limi ted area,
ONGC expanded petroleum exploration activities
through intensive efforts with remarkable
success.
In the onland, it established new resources in
Upper Assam Basin and also found new oil
Tuesday, November 12, 2013 12
province in Cambay Basin.
Subsequently, i t added new petroli ferous areas
in Assam Arakan Fold Belt, Krishna Godavary
Basin, Cauvery Basin & Mumbai Offshore Basin.
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ONGC: An Introduction
The first ONGC well was spud at
Jwalamukhi in April, 1957.
Lunej-1 in Cambay is the first oil well of
ONGC, spud in July, 1958. A significant
on-shore discovery of oil was made at
Tuesday, November 12, 2013 13
, .
This was followed by the discovery of
oil in Kalol field near Ahmedabad and
Rudrasagar field in Assam.
ONGC: An Introduction
In March 1970, the first off-shore well was
spud at Bhavanagar.
Offshore dri ll ing commenced at Bombay High
in 1973 and Oi l was discovered in 1974.
In March 1976, Gas was found at Bassein
Tuesday, November 12, 2013 14
structure in Bomaby offshore.
In July 1978, the oil pipeline system from
Bombay High to Trombay was commissioned.
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ONGC: An Introduction
In 1984, ONGCs as and i eline division was
converted into another company Gas Authori ty of India
Limited (GAIL). Until the late eighties, ONGC was
focused on crude oil production. The refining and
marketing of petroleum products was reserved for the
public sector companies lead by Indian Oil Corporation.
Tuesday, November 12, 2013 15
with the deregulat ion of the oil sector. Wi th the opening
up of the oil sector, companies such as ONGC have tocontend with dramatic changes in the competitive
structure of the industry.
Historical Profile
an as rec ora e,
1959 Autonomous Statutory Body
1994 Publ ic L imited Com an
1956 Oil & Natural Gas Commission
Tuesday, November 12, 2013 16
1997 A Navaratna PSU
2010 A Maharatna PSU
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Present Scenario.
Tuesday, November 12, 2013 17
ONGC discovered
6 out of the 7 Producing Basins of India
50+ Years of Exploration
1958: Cambay Basin
1967: Rajasthan Basin1889: Assam Shelf *
1980: KG Basin
1973: A&AA FB
1974: Mumbai Offshore
1985: CauveryBasin
* By AR & T Co. - Assam Railways and Trading Company Ltd.
18
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Category-I:
Proved petroliferous basins withcommercial production
Indian Sedimentary Basins
a egory- :Basins with known occurrence ofhydrocarbons but no commercialproduction
Category-III:Basins with no significanthydrocarbon shows but assumedprospective on geologicalconsiderations
Category-IV:
Frontier basins with uncertainprospects. Deemed prospective onanalogy with similar basinsworldwide
Deep Waters19
ONGC: An Introduction
rong oo ng
Starting with the production of 100
tonnes of crude oil in 1961, ONGC* has
produced 26.13 million tonnes of crude
20
.in FY- 2012-13.
* Oil & Gas Production from ONGC + ONGCs share in JV fields
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ONGC: An Introduction
,
in the world engaged in every aspect of oil
exploration, seismic survey, drilling,
production, research & development and
training.
Tuesday, November 12, 2013 21
as e exper ence o exp or ng or o
in the most diverse geographical conditions,
on land as wel l as in the Offshore/Sea.
The Infrastructure
Tuesday, November 12, 2013 22
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ONGC: E&P InfrastructureState-of-the-art exploration & production
facilities27+3*
Seismic Crews240
77+44*Drilling Rigs
58+30*Work Over Rigs
Onshore Installations
202Offshore Installations
26,598 KmPipelines
Well StimulationUnits
27+46@
Logging Units
@ plus 37 wire line, 8 LWD charter-hired & Well Shuttle unit* Charter-hired
17+48*OSVs/MSVs
Hazira, Gujarat
Handling Capacity: 42 MMSCMD Sour GasProducts: LPG, C2-C3, LAN
ONGC: Processing Infrastructure
Handling Capacity: 20 MMTPA Oil & 16 MMSCMD GasProducts: LPG, ARN, SKO, ATF, Propane, HSD
Uran, Maharashtra
Ankleshwar and Gandhar, Gujarat
Handling Capacity: 0.1 MMTPA Oil & 1 MMSCMD Gas
Products: LPG, Naphtha
LPG Liquefied Petroleum Gas
MMTPA- Million Tonnes Per Annum
MMSCMD-Million Standard Cubic Meter per
day
Tatipaka, Andhra Pradesh
Handling Capacity: 0.1 MMTPA OilProducts: Naphtha, SKO, HSD, Fuel Oil
C2-C3 Ethane- Propane
HSD High Speed Diesel
LSHS Low SulphurHeavy Stock
ATF Aviation Turbine Fuel
LAN Low Aromatic Naphtha
ARN Aromatic Rich Naphtha
24
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K.D. Malviya Institute of Petroleum Exploration (KDMIPE), DehradunBasin modelin HC Resource A raisal Pros ect eneration
ONGC : Institutes
Geological & Geo-chemical Research
Geodata Processing And Interpretation Centre (GEOPIC), DehradunSeismic Data Processing & Interpretation & Software Development
Institute of Reservoir Studies (IRS), AhmedabadOil & Gas Field Development Planning, EOR/ IOR studies
Institute of Drilling Technology (IDT), (Dehradun)Drilling Technology, Drilling Fluid & Cementing Engineering
e on ro c oo
Institute of Oil & Gas Production Technology (IOGPT), MumbaiProduction Engineering, Facility Engineering, Well Analysis
Institute of Engineering & Ocean Technology (IEOT), MumbaiGeotechnical & Structural EngineeringMaterial & Corrosion Engineering
25
ONGC Academy, Dehradun
ONGC : Institutes
Institute of Biotechnology & Geo-tectonics Studies (INBIGS), JorhatGeo-microbial Hydrocarbon prospecting
Institute of Petroleum Safety Health & Environment Management(IPSHEM), GoaSafety Audit, Inspection & Training, Occupational Health,Environment Audit, Disaster Management, Survival at Sea Training
Centre for Excellence for Well Logging Technology (CEWELL), Vadodara
n uc on ra n ng, anagemen eve opmen , unc ona ra n ng
26
Technology hub for Logging services/Special Studies
School of Maintenance Practices, (SMP), Vadodara
Certified training courses of Oil Field Equipment maintenance.
ONGC Energy Centre (OEC), DelhiHolistic research beyond hydrocarbons
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Out of 32,923 69 % are executives (E1 & Above)
Manpower Profile
ONGC: Human Resources
St t i iHuman
ResourcesNos.
Class -1 22684
Class -2 1941
ASSETS1046632%
Strategic usiness
unit wise Deployment
27
ass -
Class-4 2696
Total 32923OVL/ DEP.
OUT4411%
INSTITUTES14354%
PLANTS16625%
CORPORATE
OFFICES
327510%
BASINS29899%
SERVICES1265539%
VISION
Tuesday, November 12, 2013 28
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Vision
u ng ompany s s on
Companies that enjoy enduring success havecore values and core purposes that remainfixed while their business strategies andpractices endlessly adopt to a changing world.
Tuesday, November 12, 2013 29
A well conceived vision consists of two majorcomponents :
(a) Core ideology (b) Envisioned future
Vision
u ng ompany s s on
The core ideology defines what we stand forand why we exist.
The core ideology is unchanging and
complement the envisioned future.
Tuesday, November 12, 2013 30
he Envisioned future is what we aspire tobecome, to achieve or to create somethingthat will require significant changes andprogress to attain.
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ONGC : Corporate Vision
To be a global leader inIntegrated Energy Businessthrough SustainableGrowth, Knowledge excellenceand exemplary GovernancePractices.
Adopted by ONGC Board in its 203rd meeting on 26thApril 2010
31
Earlier Vision
To be a world-class Oil & Gas
Company integrated in Energy
Business with dominant Indian
Tuesday, November 12, 2013 32
Leadership and Global Presence.
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Mission
is a very broad statement of why theorganization exists.
The statement defines the business ofthe or anization.
Tuesday, November 12, 2013 33
It reveals what an organization wantsto be and whom it wants to serve.
ONGC : Earlier Mission & Objectives
,
following:
Mission and Objectives:
To stimulate, continue and
34
develop and maximize the
contr ibution of hydrocarbons to the
economy of the country.
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ONGC : Present Mission
World classExcellence in R&D and technology.High standards of Business Ethics & Organizational values.HSE to enrich quality of community life.Customer satisfaction through quality products & services.
Integrated in Energy BusinessFocus on Domestic and international E &P business.
35
Provi e va ue Lin ages in ot er sectors o energy usiness.Create growth opportunities & Maximize shareholder value.
Dominant Indian LeadershipRetain dominant position in Indian Petroleum sector &enhance Indias energy availability.
The Change
The Regional Business Centre Organizational
structure increased interdependencies and
resulted in slow decision making.
In 1997, Meckinsey & Co. proposed
Tuesday, November 12, 2013 36
restructuring plan in which the Asset Based
Management was proposed.
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CMD
ONGC-OVLMD
DIRECTORS*
DIRECTOR DIRECTOR DIRECTOR DIRECTOR DIRECTOR DIRECTOR
(Func t ion Ba sed Struc ture)
Corporate WingCPD/CMSG/ PIB/CC
Security/Vigilance
ONGC Board
KDMIPEIRSEXCOMGEOPIC
ar me xpora on pera on r ng ec nca nance ersonne
IOGPT IDT IEOTIPSEM
IMDAdministrativecontrol
Functionalcontrol
37
MRBCMumbai
WRBCVadodra
ERBCNazira
SRBCChennai
CRBCCalcutta Dehradun
BOMBAYOFFSHORE,
HAZIRAURAN
AHEMDABAD,ANKLESHWARMEHASANA,
CAMBAY,RAJASTHAN
ASSAMDVP
CACHAR
CAUVERYK-G
W.BENGALTRIPURA
DEHRADUN
*Include non-official Directors, Govt. nominees
ONGC - Functional Organization
Assets Basins Institutes Services
Offshore
Onshore
1.Mumbai High2.Neelam-Heera3.Bassein4.East Coast
1.KDMIPE2.GEOPIC3.IDT4.IRS5.IOGPT6.IEOT
7.INBIGS
1. Geophysical2. Drilling3. Logging4. Well5. Engineering6. Logistics
7. Technical
1.Western Offshore2.Western Onshore3.Cauvery4.KG & PG5.MBA6.AA&A
7.Frontier.2.Assam3.Mehsana4.Ahmedabad5.Karaikal6.Rajahmundry7.Tripura
Plants
1.Uran2.Hazira3.C2-C3
.9.ONGC Academy10.SMP11.CEWELL12.OEC
..
Support
1.HR/ ER2.Finance3.MM4.Legal5.Medical6.Security
Corporate Functions
Planning, E&D, Infocom, Vigilance,Audit, Marketing, JV&BD
38
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ONGC
to integrated business
along the Oil & Gas Value Chain
Tuesday, November 12, 2013 39
+ + + +
ONGC:
Now sourcing energy from
Crude Oil
Natural Gas
Working on
LNG,
CBM
Tuesday, November 12, 2013 40
oa as ca on
(underground & surface)
Gas Hydrates
Renewable
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E&P the Corebusiness
ONGC Group
(71.62%)
(100%)(49%)
Overseas E&P Services
(100%)
Refinery Value-chain
(28.77%)
(49%)
(26%)
(49%) *
(23%)
(26%)
Others
SubsidiariesJointVentures
(50%)ONGC Nile Ganga
B.V, Netherlands
SEZ
Power
(50%)
.
(100%)
(100%)
ONGC AmazonAlaknan da Ltd., Berm uda
Jarpeno Limited, Cyprus
(100%)
Carabobo One
AB, Sw eden
* ONGC: 46%, MRPL: 3%
41
ONGC Narmada
Ltd., Nigeria
(100%)
Chairman & Managing DirectorShri Sudhir Vasudeva
ONGC Board
Functional Directors(Full Time)
GovernmentNominees
IndependentDirectors
Special Invitees
MD, OVLShri D.K. Sarraf
Shri A. GiridharJoint Secretary, MOP&NG
Shri Shaktikanta DasAddl. Secretary, MOF
Director (HR)Shri K.S. Jamestin
Director (Offshore)
Director (Finance)Shri A.K. Banerjee
Dr. D. Chandrasekharam
Prof. Deepak Nayyar
Shri Arun Ramanathan
Director (Onshore)
r . . ort a ur
Director (Exploration)Shri N.K. Verma
Director (T&FS)Shri Shashi Shankar
42
Shri O.P. Bhatt
Shri K.N. Murthy
Shri S.K. Barua
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The Performance
Tuesday, November 12, 2013 43
HighlightsHighlights -- FY 2012FY 2012--1313
and 10 New Pools)
Ultimate Reserve Accretion (84.84 MTOE) ,highest in last 22 years
Reserve Replacement Ratio (RRR = 1.839) morethan 1 for the 7th consecutive year
Oil : 26.127 MMT ( 22.561+3.566) Gas : 25.510 BCM ( 23.549+1.786 )
Financials ( FY 2012-13):
Turnover : Rs. 83,309 Crore Net Profit : Rs. 20,926 Crore
44
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Reserve accretion (3P): FY13Reserve accretion (3P): FY13
Ultimate Reserves accretion in ONGC operated fields :
84.84 MTOE is the highest in last 22 years.
82.98 84.13
40
50
60
70
80
90
63.8268.89
. 84.84
UR
45
MTOE: Million tonnes of oil equivalent
0
10
20
2007-08 2008-09 2009-10 2010-11 2011-12 2012-13
47.78 47.51 46.1148.28
ONGC: O+OEG Production (MMToe)
47.86 47.03
25.95 25.37 24.67 24.42
23.71
22.33 22.49 23.11 23.09 23.32 23.55
46
'2007-08 '2008-09 '2009-10 '2010-11 2011-12 2012-13
.
Oil (MMT) Gas (MTOE)
ONGC Production excluding JV share
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4.28 5.08 5.39 5.35
PSC JVs Production - ONGCs share(MMToe)
4.67 4.60
2.782.95 2.49
2.23
2.191.79
Gas (MTOE)
Oil (MTOE)
47
2007-08 '2008-09 '2009-10 '2010-11 2011-12 2012-13
1.89 1.65 1.79
2.863.21
3.57
ONGC : Gas Sales (BCM)
(Excluding PSC JVs)
17.76 17.71 18.24 18.26 18.23 18.60
48
2007-08 '2008-09 '2009-10 '2010-11 2011-12 2012-13
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ONGC: VAP Production (MMT)
3.256 3.3143.457
3.203 3.218 3.152
49
2007-08 '2008-09 '2009-10 '2010-11 2011-12 2012-13
ONGC : Production Centers
AhmedabadOil: 1.46 MMT;
RajasthanGas: 0.14 BCM
Domestic Producing Areas
As in FY 12-13
.
MehsanaOil: 2.28 MMT;Gas: 0.18 BCM
AnkleshwarOil: 1.27 MMT;Gas: 1.41 BCM
AssamOil: 1.22 MMT;Gas: 0.49 BCM
Ra ahmundr
TripuraGas: 0.65 BCM
50
Mumbai offshoreOil: 15.57 MMT;Gas: 18.05 BCM
CambayOil: 0.17 MMT;Gas: 0.008 BCM
Oil: 0.295 MMT;Gas: 1.25 BCM
CauveryOil: 0.238 MMT;Gas: 1.21 BCM
Eastern OffshoreOil: 0.044 MMT; Gas: 0.056 BCM
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NELP Blocks with ONGC
ONGC has bid aggressively in NELP rounds . ONGC +ONGC Consortia
has bagged 126 blocks , which is about 49% of the total 258 awardedblocks.
NELP Round I II III IV V VI VII VIII IX TOTAL
Blocks Awardedby GOI 24 23 23 20 20 52 44 36 16 258
Awarded toONGC + ONGCConsortia
8 16 13 14 8 25 19 17 6 126
51
BlocksSurrendered 5 15 7 4 4 0 0 0 0 35
Blocks withONGC as (Operator + NonOperator)
3 1 6 10 4 25 19 17 6 91
Financial Performance.Financial Performance.
Tuesday, November 12, 2013 52
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Turnover (Income from Operations)
83,309
Rs Crore
61,543 65,04961,983
68,648,
53
2007-08 '2008-09 '2009-10 '2010-11 2011-12 2012-13
ONGC: Net Profit
Crore
Net Profit at Rs 20,926 Crore
ru e o pr ce rea za on
Realizable Discount Realized
FY08 85.54 32.64 52.90
FY09 86.15 38.45 47.70
15000
20000
25000
. . .
FY11 89.41 35.6 4 53. 77
FY12 117.40 62.68 54.72
FY13 110.74 62.89 47.85
54
0
5000
10000
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Highest ever Dividend payout of ` 8,342 Crore
ONGC: Dividend
FY11: Bonus (1:1) and Share split to ` 5 face value
40
50
60
Dividend payout ratio (%)
With tax
entage
6844 70587486
8342 8128
5000
7500
10000
Dividend
Crore
0
10
20
FY'07 FY'08 FY'09 FY'10 FY'11
Payout in the range of 40-50%
Perc
55
0
2500
Dividend amount excludes dividend tax
Contribution to ExchequerRs CroreRs Crore
3002028050 28098
31776
38287 40881
56
2007-08 '2008-09 '2009-10 '2010-11 2011-12 2012-13
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Capital Expenditure
Capex: Rs. 1,32,410 Crore in last 5 years
Ca ex FY11
21,82023,559
28,276 29,24729,508
Rs Crore
57
'2008-09 '2009-10 '2010-11 2011-12 2012-13
ONGC: Global rankings
Global l y Acclaimed.
a s op nergy ompan es ran ng , c .
# 3 E&P Company in the World.
# 22nd Energy Company in the World.
Forbes Global 2000 list for 2012, April2013
# 155th in the Forbes Global 2000 list ofworld's biggest companies, based on Sales,ro , sse s an ar e cap a za on.
Newsweek Green Rankings 2012
# 386th on basis of cross-industry frameworkfor environmental commitment among global500 companies.
58
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Tuesday, November 12, 2013 59
Key StrengthsStrong Supportfrom the GOI
Maharatna PSE
Highly attractiveIntl portfolio
Operations
Large provedreserves &geographic
diversification
w yrs oand Gas
Experience
Strong FinancialPosition
Tuesday, November 12, 2013 60
ttract ve ostStructure
Excellent Oil andGas Infrastructure
zea eExploration Area
Applied R&D forE&P activities
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DecliningProduction from
the mature fields
Key Weaknesses
due to attrition for
high-techoperations
Product Pricing
Limited autonomyfor overseas
ventures
Subsidy Sharing &Under recoveries
Tuesday, November 12, 2013 61
Proceduralconstraints
Market
determined
pricing of Natural
GasIntegration in
Incrementalrecovery from
Key Opportunities
Bringing locked
Reserve to
stream
Unexplored
producing assets
Domain Expert
&
Outsourcing
Tuesday, November 12, 2013 62
Opportunities
DomesticAcreages
Infrastructure
Development
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Continued
subsidy sharing
Highly volatile
Key Threats
High rate of
Ageing Assets &Infrastructure Security Risk
cru e o pr ces
Tuesday, November 12, 2013 63
Exploration risk inDeepwater &
Frontier Basins
Constrainedcompetition
Geopolitics
StrategiesStrategies
ForFor better tomorrow.better tomorrow.
Tuesday, November 12, 2013 64
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Corporate Plan
.
No plan is sacrosanct & complete in itself.
The environment in which we operate changes
continuously
We have to update ourselves continuously to be
competitive for survival and growth.
Tuesday, November 12, 2013 65
Hydrocarbon exploration is a risky business, so
does all the business.
Integration of knowledge & use of technology can
reduce the risk of doing business.
Intensive exploration in established basins
Corporate Plan
Thrust to Deepwater & Frontier basinsAdd additional 6 btoe IIH
IOR Programme
Strategies Strategies
Tuesday, November 12, 2013 66
in 15 MajorFieldsfor recoveryimprovement
equity oilFrom overseasassets
Corporate
Plan
2000-2020
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Strategic GoalsFocus on domestic and international Oil & GasFocus on domestic and international Oil & Gas
exploration and product ion business opportunitiesexploration and product ion business opportunities
To double accretion of Initial In-place hydrocarbons from
6 billion tones to 12 billion tones in next 20 Years
Improve Global Recovery Factor from 28% to 40% by 2020
20 MMT per annum Equity Oil & Gas equivalent from
overseas by 2020 through OVL
22
33
Accelerated development of Oil & Gas fields
Monetization and development of small and marginal fields
44
55
Strategic GoalsRetained dominant position in Indias energy availabilityRetained dominant position in Indias energy availability
Induct ion of Technology & Systems for Deep Water
Gas flaring to be minimized
Exploration & Production
Reducing idle Inventory 7`7`
88
Upgradation of technology
Dedicated to excellence by leveraging competitiveDedicated to excellence by leveraging competitive
advantages in R&D and Technologyadvantages in R&D and Technology
99
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Strategic Goals
Abiding commitment to heal th, safety and environment to enr ichAbiding commitment to heal th, safety and environment to enr ichquality of community lifequality of community life
Emphasis on Health, Safety and Environment HSE
Imbibe high standards of business ethics and organizational valuesImbibe high standards of business ethics and organizational values
Foster a culture of Trust, openness and mutual concern to makeFoster a culture of Trust, openness and mutual concern to make
1010
working a stimulating & challenging experience for our peopleworking a stimulating & challenging experience for our people
Human Resource Development 1111
To double Reserve Accretion
Adopted in 2001; Revisited in Nov2011Strategic Goals
rom o y
To improve Recovery Factorfrom 28% to 40% by 2020
To accrete resources of 1 Billion Tonnesfrom unconventional sources of energy by
ONGC #2 E&P Company in the world
To source 20 MMTPAequity Oil & Gas by 2018
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Perspective Plan - 2030
Aspirations
Fold production growth in E&P
Fold growth in Revenue & EBITDA
Fold rowth in Market Ca italization
71
Shaping moves to be launched
Fold growth in international E&P
production
Perspective Plan - 2030
.mmtoe/year of O+OEG by 2030
2. Secure alliance for new resourcetypes
3. Unlock 450+ mmtoe from domestic
YTF (yet-to-find) reserves
Shaping
Moves
72
4. Accelerate 300-400 mmtoe of(re)-developments
5. Build non-E&P business to 30%of group revenue
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1. Strengthen OVL processes &
Perspective Plan : 2030
ec n ca sys ems
2. Continued regulatoryengagement on prices & policy
3. Strengthen staffing &capabilities in focus areas
Supporting
73
4. Improve services delivery undernew operating model
5. Align R&D with 2030 technologypriorities
1. Sustained production growth 4-
Perspective Plan : 2030
2. > 130 mmtoe production in 2030(50% international)
3. 1,300 mmtoe proved reserves
ONGC
2030
74
4. 6.5 GW alternate energy, 9MMTPA LNG
5. Full downstream value capturein petrochemicals
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THANK YOU
Wish You all a bright &
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prosperous career.
Till 31st March 2011, Government of India realized Rs. 14,380Crore through disinvestment of 26% equity in ONGC.
ONGC: The Value Creator
The Govt . of India promoted ONGC with equity of Rs 342.85
Crore contr ibuted over 22 years during 1959 to 1981.
Govt. of India: ` 47,143 Crore
Other shareholders: ` 14,387 Crore
Dividend payment:
61,530 Crore
Central exchequer:`
224,305 CroreContribution to exchequer:
An investment of 342.85 Crore
value-multiplied >1400 times tocumulative contribution of
4,80,933 Crore a e overnmen s: , rore282,577 Crore
122,446 CroreSubsidy to OMCs
234,677* Crore (Value of Govt. share `173,989 Crore)
Market Capitalization** As on 1.11.2011
ONGC a Wealth Creator
PlusMarket Cap of ` 214,957 Crore
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ONGC Videsh Ltd. (OVL)
OVL is wholly owned subsidiary of ONGC
International E&P company operating in 15
countries with 33 projects
1965: formed as Hydrocarbons
India Limited
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: ename as
Videsh Limited
Indias biggest MNC Overseas investment more
than 650 billion
ONGC Videsh : Global footprint
30 Projects in 15Countries
14
Exploration
5
Discovered
10Producing
Venezuel
a
1 1
Cuba 2
Colombia 5 1
3 1
2 Russia
2 Myanmar
1 Vietnam
1 Kazakhstan
Libya 1
Nigeria 1
North Sudan3
South Sudan
1 Iraq
1 1 Syria
1 Iran
78*30th Project is North Sudans 741 km long completed Pipeline
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Mission
looking view of what an organisationwishes to become, a Mission is whatan organisation is & why it exists.
It focuses on questions like:
Tuesday, November 12, 2013 79
What is our business
What will it be What it should be
Mission Statements: Good & Bad
for Life and to inspire the Next Generationof Explorers.
Does a good job of expressing the core values of the organization. Also conveysunique qualities about the organization.
Tuesday, November 12, 2013 80
.Too vague and unclear. Need more descriptive information about what makesthe organization special.
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ONGC accounted for 57% of countrys O+OEG production in FY11 Crude oil: 72% & Natural Gas: 48%
ONGC: O+OEG Production
ONGC72%
OIL10%
Others18%
ONGC48%
OIL5%
Others47%
Crude oil production Natural gas production
Source: MoP&NG
ONGCs production includes its share in PSC JVs
81
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SWOT Analysis
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RecognitionsRecognitions
ran e n or es o a s pr ,2010); Topper from India based on Sales, Profits, Assetsand Market capitalization.
PFC Energy 50: 21th among top 50 publicly traded GlobalOil & Gas Companies (Jan, 2011)
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Financial Express FE-500 Survey: 2nd
position in Indiancompanies for 3rd consecutive year.