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ONGC reports 4.8% fall in crude oil production in Q3FY19

15 Feb 2019 Evaluate

Oil and Natural Gas Corp (ONGC) has reported 4.8% fall in its total crude oil production at 6.036 MMT in Q3FY19 as against 6.340 MMT for the same quarter previous year. Of the total crude oil production, the company’s Crude Oil production by its Joint Ventures stood at 0.786 MMT and production by the company stood at 4.870 MMT.

ONGC is India’s largest government-run corporation and produces about 70% of India’s crude oil and natural gas. The corporation is the biggest public sector commercial organization in India.

Peers
Company Name CMP
ONGC 222.00
Oil India 451.95
Jindal Drilling&Inds 600.70
Deep Industries 797.00
Asian Energy Service 469.00
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