Oil & Natural Gas Corp. Ltd. · NSE:ONGC
Oil & Natural Gas — Corporate Update (October 2025)
9 slides from Oil & Natural Gas's corporate update, Oct 13, 2025
Slide 1: Press Conference
Press Conference October 2025
Slide 2: Volatile crude prices are creating major uncertainty for E&P companies
Volatile crude prices are creating major uncertainty for E&P companies Possibility for crude price to hover between $60/barrel- $70/barrel With reducing crude oil price, E&P companies face 2 100 -5% major challenges: 81 78 74 74 67 68 64 57 65 65 • Q1. How do 53 50 38 50 60 60 companies sustain prof
Slide 3: ONGC has embarked on a strategic journey for a $60/barrel crude-price environment
ONGC has embarked on a strategic journey to prepare itself for a future with 60$/barrel crude-price environment Production Increase TSP for MH & Other fields Development Projects • Consistent increase in O&G • BP TSP for MH Field: Targets oil • KG-98/2: BP engaged as Subject production across both q
Slide 4: Reversal of downward trend in ONGC's standalone crude production
Reversal of downward trend in ONGC's standalone crude production; 1% YOY increase in Oil FY25; consistent increase in O+OEG in Q1 & Q2 FY26 YOY change in standalone ` FY26 Vvs FY25 production (Oil) ` (O+OEG) FY25 vs FY24 FY26 vs FY25 2.2% 1.1% 1.0% 1.2% 1.1% 0.5% 0.3% 0.4% 0.4% 0.2% -0.6% -3.6% Q1 Q
Slide 5: Progress on BP-TSP for MH field and plan ahead for other fields
Progress on BP-TSP for MH field and plan ahead for other fields ~$400 Mn committed Way forward: Continued push for Production, Reservoir & in capex for ONGC-BP exploration redevelopment Phase I • MH Field split into 6 hubs for faster, optimized redevelopment • MH Redevelopment Phase 2 & beyond: Targ
Slide 6: Production revival and upside plan: 98/2 field revival and combined project development
Production revival and upside plan: 98/2 field revival and combined project development plan in western offshore Combined Western Offshore Development Revival Plan for KG 98/2 Project (CWODP) • External SME engagement with BP 8 ~ 4K Cr ~ 13K Cr SME for oil and gas fields of KG-DWN- Projects Partners
Slide 7: Strategic resilience with dual-port capability: scale up Pipavav Supply Base
Strategic resilience with dual-port capability: Plan to scale up PSB with end- goal serving ~ 2/3rd of WO workload, unlocking 1000+ Cr in savings End State: End State:80+ 80+ sailings Dual-port playbook with Pipavav Supply base unlocks huge benefits vs. Cost monthly sailings/month 100 59 36 7 1,033
Slide 8: Dedicated Cost Council constituted for structural cost-out and sustained savings
Dedicated Cost Council constituted for structural cost-out, accountability, and sustained savings Enterprise-wide focus on cost efficiency Value potential in 20+ initiatives Value potential in further initiatives under implementation under analysis ₹4300 Cr ₹5000 Cr Key areas of Initiatives Offshore
Slide 9: Thank you
Thank you
Oil and Natural Gas Corporation Limited (ONGC) — Corporate Update (October 2025) on 6ix