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ON
National Oil Company
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NSE: ONGC
ONGC
New Delhi, India · Established 1956 · Profile updated July 1, 2026
Official website ↗Auditor Executive Assessment
Prepared by the Asian Oil Intelligence Desk · Institutional due-diligence memorandum
Oil and Natural Gas Corporation (ONGC) is India's largest crude oil and natural gas producer, contributing approximately 70% of domestic production from Mumbai High, Assam, Rajasthan (Cairn JV), and KG-DWN-98/2 deepwater. Production approximates 1.4 mbpd oil equivalent.
FY2024 revenue approximated $28 billion with net income near $4 billion. KG-D5 deepwater project is the primary growth catalyst adding 45 kbpd and significant gas. HPCL acquisition integrated downstream refining exposure.
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