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ONGC expects oil plus gas production of 39 MMTOE this fiscal, 40 MMTOE next year

In the analyst call, senior executive of ONGC stated they expect oil prices to hover at about $75 per barrel, which would also make it ideal to pursue deepwater exploration

· 8/5/2026, 4:58:59 PM· 2 min read
ONGC expects oil plus gas production of 39 MMTOE this fiscal, 40 MMTOE next year
In the analyst call, senior executive of ONGC stated they expect oil prices to hover at about $75 per barrel, which would also make it ideal to pursue deepwater exploration
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