MoneyWorks4Me

ONGC’s Assam Asset reports 1.75% rise in crude oil production in FY13

18 Apr 2013 Evaluate

ONGC’s Assam Asset has reported 1.75% rise in crude oil production to 1.223 Million Metric Tonnes (MMT) during the financial year 2012-13 as against 1.202 MMT in the previous fiscal. With this, the company’s oldest Asset has met its targets for the third consecutive year.

The company’s Assam Asset, in the gas segment, has reported a production of 472.2 MMSCM, thereby surpassing its target of 452.6 MMSCM. Though, it has fallen short of its gas sales target of 244 MMSCM by two per cent due to lack of consumers in the region.

 

Peers
Company Name CMP
ONGC 227.80
Oil India 454.15
Jindal Drilling&Inds 505.75
Deep Industries 671.00
Asian Energy Service 403.10
View more..