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Scadaongc123# PDF
Scadaongc123# PDF
Corporation Limited
September 2016
Presentation overview
1 Company Overview
2 Performance Highlights
3 Key Performance Indicators
4 Financial Performance
5 Segment Highlights
6 Policy Developments
2
Presentation overview
Company Overview
3
ONGC is the flagship
National Oil Company of India, a
Maharatna , with interests in
E&P, Refining, LNG, Power,
Petrochemicals & New sources of
energy.
4
ONGC - Evolution
In 1955, GoI decided to
1955 Oil and Gas Division, GSI*
develop Oil and Natural Gas
resources in various regions 1955 Oil and Gas Directorate, GoI
of the country as a part of 1956 Oil & Natural Gas Commission
Public Sector Development.
1959 Autonomous Statutory Body
*Oil & Natural Gas division set-up in O t 1955 under Geological Survey of India to explore & develop hydrocarbon resources. 5
Promoted
Petronet LNG Exploring for CBM,
Refine > Ltd. UCG, Shale gas &
300,000 bpd 12.5% equity Alternates
of O+OEG
Petrochemicals,
Power,
Produce* ~
1.20 mbpd of Extract ~ 3
O+OEG MMTPA of
VAP
* Domestic
6 & Overseas Assets
Seismic data Acquisition, Processing
& Interpretation (API)
Well drilling & Work-over operations
Transportation, etc.
7
Processing Infrastructure
Hazira, Gujarat
Handling Capacity: 42 MMSCMD Sour Gas
Products: LPG, ARN, SKO, ATF, Propane
Uran, Maharashtra
G&G
KDMIPE Basin Modeling
Management
Development
ONGCA
Seismic Data
GEOPIC Processing
Technology hub
Well Logging Dehradun
CEWELL Drilling
Vadodara IDT Technology
Jorhat
Oil field Ahmedabad
equipment SMP Panvel Geo-microbial
maintenance INBIGS prospecting
Goa
Reservoir Geotechnical &
Management IRS IEOT Structural Enng.
9
E&P Infrastructure
Offshore Installation Onshore Installation
254 250
(71.62%) (49.36%)
Services
(12.5%)
12
ONGC Videsh
Overseas investment
US$ 24.8 billion till FY
2P Reserves of 612 MMTOE
FY : Oil & Gas production
8.92 MMTOE
1313
ONGC Videsh: Global footprint
36 projects in Discovered/
Producing: 13 Exploration: 17 Pipeline: 2
17 countries Develop: 4
CIS
Azerbaijan 1
Russia 2
Myanmar 2 2
Bangladesh 2
Asia-Pacific
Middle East N. Zealand 1
Syria 1 1
Africa
Latin America
Libya 1 Iraq 1
Venezuela 1 1
Sudan 1
Colombia 7 1
South Sudan 2
Brazil 1 1
Mozambique 1
14
ONGC Videsh: Overseas Production
FY’16 Production 66.91 mmboe (against 66.56 mmboe in
FY’15)
Incremental production from BC-10 (Brazil), Blocks A-1 & A-3
(Myanmar) and Shakhalin-1 (Russia)
15
Mangalore Refinery Petrochemicals Ltd.(MRPL)
16
ONGC Mangalore Petrochemicals Ltd. (OMPL)
Feedstock@ Products
Feedstock@ Products
HDPE/LLDPE: 1,020 KTPA
C2: 0.535 MMTPA Poly-propylene: 340 KTPA
C3: 0.271 MMTPA Benzene: 150 KTPA
C4: 0.167 MMTPA Butadiene: 115 KTPA
Naphtha*: 1.5 MMTPA Pyrolysis Gasoline: 135 KTPA
Carbon Black Feed Stock: KTPA
* Hazira (1.2 MMTPA) & Uran (0.3 MMTPA) @ From C2-C3 Plant 18
ONGC Tripura Power Company Ltd. (OTPC)
19
Shareholding Pattern
Insurance
Companies
ONGC Share on BSE
10.70%
400
IOC 350
7.69%
GAIL 300
2.40%
FIIs 250
5.38%
Govt Indian 200
68.93% FI/MF/Banks
1.11% 150
Employees 100
0.06%
Individuals
50
1.96%
Others 0
06.Jän.16
26.Jän.16
11.Mai.15
31.Mai.15
06.Mär.16
26.Mär.16
05.Mai.16
25.Mai.16
01.Apr.15
21.Apr.15
18.Okt.15
15.Apr.16
10.Jul.15
30.Jul.15
19.Aug.15
08.Sep.15
28.Sep.15
07.Nov.15
27.Nov.15
15.Feb.16
04.Jul.16
24.Jul.16
13.Aug.16
02.Sep.16
17.Dez.15
20.Jun.15
14.Jun.16
1.77%
* As on 31.08.2016 20
ONGC Board
Chairman & Managing Director
Shri Dinesh K. Sarraf
Director (Exploration)
Shri A K Dwivedi
Director (Onshore)
Shri V P Mahawar
Director (Finance)
A.K. Srinivasan
As per existing guidelines of Security & Exchange Board of India (SEBI) six more
independent Directors required on ONGC Board
21
Corporate Governance in ONGC
22
Corporate Governance in ONGC
Constitution of 15 Board Level Committees to discuss threadbare
most of the agenda items before being recommended to the
Board for an informed decision
23
Corporate Governance in ONGC
Robust Internal Control Mechanism to monitor critical
businesses, functions and operations
24
Corporate Governance in ONGC
26
Corporate Governance in ONGC
27
Corporate Governance in ONGC
…. o e step beyo d
Ve dors Meet
I estors Meet
MM Meet*
Presentation overview
Performance Highlights
29
50+ Years of Exploration
ONGC discovered
6 out of the 7 producing Basins of India
1973: A&AA FB
1958: Cambay Basin
1980: KG Basin
1974: Mumbai
Offshore
1985: Cauvery
Basin
30 30
ONGC Group: Reserves (as on 1st April 2016)
1P 2P 3P
2,022
Reserves (2P)
1,693
Mtoe Oil Gas Total (Mtoe)
1,366
ONGC 472.12 602.18 1074.30
1,074
PSC JV 15.09 7.79 22.88 912
691 633
OVL 244.58 351.55 596.13 596
31
ONGC Group: O+OEG Produ tio , FY
61.18 57.38
58.73 59.20 58.34
2.54
2.19 2.92 2.87 3.34
1.79 1.57 3.41
1.50 1.35
23.32
23.55 23.28 22.03 21.18
ONGC (Oil) PSC-JV (Oil) OVL (Oil) ONGC (Gas) PSC-JV (Gas) OVL (Gas)
32
ONGC Group: Fi a ials, FY
179,474 183,912
166,389 ` Crore
18,334
14,124
33
ONGC: Acclaimed for Transparency
34
Sustainability
ONGC registers one of the largest CDM project in world on OTPC for an
annual CER of 1.6 m with UNFCCC.
12 projects registered with UNFCC, highest by single entity. Issued 2,69,029
CERs (Certified Emission Reductions).
36
Presentation overview
37
Efficiency Parameters
Commercial Speed
(metrage drilled/ rig months)
1,306
RRR* (2P)
1,233
1.47 1.51
1.38 1,180
1.25 1.24 1,159 1,150
38
Technology Induction
Successfully explored and drilled in Deep and Ultra-deep waters using latest
technology. Sub-sea well completions in Shallow and Deep waters.
39
Presentation overview
Financial Performance
40
ONGC Q FY Fi a ials
Revenue (from operations) PAT
22628 (` Crore)
17784
5368
4233
Q1 FY17 Q1 FY16
41
ONGC FY16 Financials
Revenue (from operations) PAT
83094
78565 (` Crore)
16004 17733
FY16 FY15
42
Presentation overview
Segment Highlights
43
Proje ts o pleted duri g FY
Project Cost
Sl No Project Name
` Crore
1 Development of B-193 Cluster Fields 5633
2 Development of Cluster-7 Fields 6639
3 Pipeline Replacement Project-3, Western Offshore 1417
4 C2-C3 plant Dahej 976
5 Integrated Development of G-1 and GS-15 fields 3955
6 Construction of 23 Immediate Support Vessels 269
44
Ne Proje ts appro ed i FY
Project Cost
Sl. No Name of Projects
` Crore
1 Redevelopment of Gamij field, Ahmedabad 1,881
Total 47,906
45
Presentation overview
Policy Developments
46
HELP - 2016
Hydrocarbon Exploration & Licensing Policy (HELP)
announced in 2016 will simplify the policy
The uniform licence will enable the contractor to explore conventional as well as
unconventional oil and gas resources including CBM, shale gas/oil, tight gas and
gas hydrates under a single license. The concept of Open Acreage Policy will
enable E&P companies choose the blocks from the designated area.
47
Gas price revision
After promising a price premium for gas produced from discoveries in
high pressure-high temperature, deepwater and ultra deepwater
areas in October 2014, the Indian Government outlined how such a
pricing mechanism will be structured.
On March 10, 2016, the GOI approved - proposal to grant certain
marketing freedoms, including pricing freedom for gas produced
from high pressure-high temperature, deepwater and ultra
deepwater areas. This pricing freedom would be capped by a ceiling
price, calculated (in US$/mmBtu) as the lowest of:
o Fuel oil landed import price;
o Weighted average landed import price of alternative fuels (0.3 x
price of coal + 0.4 x price of fuel oil + 0.3 x price of naphtha); and
o LNG landed import price.
o Gas Price Ceiling, as per the formula, for the period April-
September 2016 is US$ 6.61/mmBtu
48
Other Policy Measures
Discovered Small Field (DSF) Round: In September 2015, the
Government announced the policy for development of marginal
fields on the basis of which the Discovered Small Field bid round was
launched in May 2016. Some of the key aspects of this new small
field package are uniform license for mining of all hydrocarbons, no
restriction of exploration activity during contract period, freedom to
price oil and gas so produced in the domestic markets.
49
Thank You