Strengths:

Highest reserve accretion of 84.13 million tonnes of oil and oil equivalent gas (MMtoe) in last two decades Largest Reserve replacement ratio of 1.79. Highest Standalone Net worth about1,00,000 Crore benchmark (1,11,784 Crore) The highest-ever thruput (12.82 MMTPA) & Turnover (57,207 Cr) as recorded by MRPL.. ONGC human resources are its the most important resource. Over 40,000 employees. First Indian International E&P Company to produce Equity Oil and Gas outside India. Presence in 15 countries & has oil and gas production from 10 projects in 8 countries.

Partner with some of the leading international oil and gas companies like Exxon,

Weakness:
Being a Public Sector Undertaking, there are some limitations for the Company, in terms of decision making process. The Company is pursuing with MoP & NG for enhancement of empowerment of its Board as the present empowerment is insufficient even for carrying out the minimum work program in an exploratory asset.

Opportunity:
Grow overseas E&P to source 60 mmtoe/year by 2030. Potential growth hubs include heavy oil, conventional plays, shale and deepwater. Secure alliances to develop new resource typeslike - shale gas, CBM, deeper plays and HP/HT (High Pressure & High Temperature) reservoirs. Opportunities for acquisition If successful, the Company shall be adding reserves Unlock more than 400 mmtoe from domestic YTF (yet-to-find) reserves& accelerate (re)development of discovered domestic reserves Grow non-E&P business to 30 per cent of revenue by 2030like MRPL refinery, additional LNG re-gasification, commercialization of stranded gas and capacity in alternative energy generation including solar, wind and potentially nuclear. CGD Project: evaluating the feasibility to venture into City Gas Distribution (CGD) projects in collaboration with reputed companies. Govt. move to deregulate the petroleum product can add to more profit for this

Threats:
High subsidies are putting pressure on the country's fiscal deficit, which has touched 5.9 percent of the GDP in 2011-12. It is a serious threat for ONGC as its planned growth avenues may be choked. High volatility in oil price and scarcity or high input costs of factor inputs could materially affect the performance of the Company ONGC being a public sector oil company, is sharing under-recoveries of OMCs. The increasing burden of share of under-recoveries, are major concerns for ONGC. Political risks facing FDI in energy are likely to continue to rise in the coming years. Most of the major producing fields of ONGC, have entered into natural decline phase. ONGC has arrested decline in these fields through IOR/ EOR (Improved Oil Recovery) and EOR (Enhanced Oil Recovery) schemes. Challenges, however, remain in boosting the production further. Investments on a much higher scale and technology, its cost and prices of discovered oil and gas may be important determinant of discoveries and their development. Globally increasing vociferous calls to mitigate greenhouse gas (GHG) emissions, including those relating to energy production and consumption, further pose threats to E&P companies.

PORTERS FIVE FORCES ANALYSIS

Threat of New Entry:
- Time & Cost of New Entry - Specialist Knowledge - Economies of Scale - Cost Advantages - Technology Protection - Barrier To Entry

THREAT OF NEW ENTRY COMPETITIVE RIVALRY

- No. of competition is very less National: Oil India Ltd., Reliance, International: Exxon Mobile, Royal Dutch Shell - Most respectable among rivals - Largest Govt. PSU in this Sector

Buyer Power:
- Number of Customers - Price Sensitivity - Product(Fuel) Dependency - Cost Of Changing

BUYER POWE R

Vertically Integrated ONGC does all from finding to refining to selling - Uniqueness of Service -

THREAT OF SUBSIT UTION

Supplier Power:

SUPPL IER POWE R

Threat Of Substitution:
- No Substitute - Cost Of Changing - Large Product dependency