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ONGC: Future Plan
& Business Opportunities
33
Presentation OverviewPresentation Overview
I. Glimpses of India.
II. ONGC: Function & infrastructure
III. ONGC : Focus on Future
IV. Collaboration
V. Capital Investment
VI. 10th Plan (2002-07) CAPEX Plan
VII. 11th Plan (2007-12) CAPEX Plan
VIII. Mode of Co-operation
44
Glimpses of India
55
Glimpses of India• India is the Largest Democracy in the World
With a Strong & Stable Democratic Governance through 60 years of Independence.• 7th Largest Country in the World
With a total Geographical Area of 3.29 MM sq km.
• Second most Populous Nation1.05 Billion strong, having the largest pool of qualified & skilled manpower.
• One of the most Ancient and Living Civilizations Dates back to more than 5, 000 years.
66
Glimpses of India
• Parliamentary System of Government With a Bicameral Parliament & three branches:
The Executive, Legislative and Judiciary.
• Well Developed Independent Judiciary System
The Supreme Court : Apex Judicial Authority.
High Courts in every State & Lower Courts at Town levels.Existence of Arbitration Mechanisms outside the Courts. • Languages
English is the most important language for National, Political &
Commercial communication; Hindi is the National Language.
77
• Key Advantages of Doing Business with India
• Well Developed - R&D, Infrastructure, Technical & Marketing services.• Wide Commercial Banking Network.• Conducive Foreign Investment policy.• Free Repatriation of Profits & Capital Investment. • Special investments and tax incentives given for exports and certain sectors such as power, electronics, telecom, software, Oil & Gas and R & D activities.• Current account convertibility, capital account convertibility for foreign investors.
Glimpses of India Cont…
88
ONGC:Function & Infrastructure
99
ONGCONGC today, today,has evolved intohas evolved into
an integrated Oil & Gas Corporatean integrated Oil & Gas Corporate
… … a reliable energy solution provider a reliable energy solution provider for the countryfor the country
with interests in with interests in
E&P, Refining, LNG, Power, E&P, Refining, LNG, Power,
Petrochemicals & New Petrochemicals & New
sources of energy.sources of energy.
In-house capability in all In-house capability in all aspects of the E&P aspects of the E&P business business
Seismic API, Drilling, Work-over and Well Seismic API, Drilling, Work-over and Well Stimulation, Production, Processing, Stimulation, Production, Processing, Engineering & Construction, Refining Engineering & Construction, Refining
and Marketing.and Marketing.
1010
ONGC: Strategic EvolutionONGC: Strategic Evolution
(71.6%)
Dahej SEZ Ltd.
(100%) (50%)
(50%)
Overseas E&P Services
(100%)
ONGC Petro-additions Ltd. (OPaL)
Mangalore SEZ Ltd.
Refineries Value-chain Power
(50.0%)(12.5%)
(23%)
(21.5%)
ONGC Bonny Brahmaputra Ltd. (OBBL)
MangalorePetrochemicals Ltd.
(26.0%)
(46.0%)
ONGC Narmada Ltd. (OBBL)
(23.0%)
(23.0%)
1111
ONGC produces : ONGC produces : 1 million barrels per day1 million barrels per day of of
OilOil plus plus Oil-equivalent GasOil-equivalent Gas,,
from recoverable reserve of from recoverable reserve of 1.1 Billion MT1.1 Billion MT,,
selling selling CrudeCrude, , GasGas and and ProductsProducts
with a turnover of with a turnover of US $11.1 billionUS $11.1 billion in in 2005-062005-06..
ONGC TodayONGC Today
1212
ONGC discovered ONGC discovered
6 out of the 7 producing Basins of India6 out of the 7 producing Basins of India
1958: Cambay Basin
1967: Rajasthan Basin
1889: Assam Shelf *
1974: Mumbai Offshore
1980: KG Basin
1973: A&AA FB
1985: Cauvery Basin
* By AR & T Co. - Assam Railways and Trading Company Ltd.
Historical PerspctiveHistorical Perspctive
1313
Historical Perspective Historical Perspective
330330 Discoveries/ FindsDiscoveries/ Finds
Onshore: 212Onshore: 212
Offshore: 118Offshore: 118
DiscoveredDiscovered6.41 Billion MT of 6.41 Billion MT of
O+OEGO+OEGin Indian Basinsin Indian Basins
ProducedProduced
1.145 Billion MT 1.145 Billion MT O+OEGO+OEG::
Oil (0.726) & Gas Oil (0.726) & Gas (0.419)(0.419)
1956 – 2006
AccretedAccreted
ultimate reserves of ultimate reserves of
2.26 Billion MT of 2.26 Billion MT of O+OEGO+OEG
1414
Among all Indian Companies,Among all Indian Companies,
our net worth of our net worth of US $12.043 billionUS $12.043 billion,,
market capitalization of market capitalization of US $42.109 billion*US $42.109 billion*,,
and net profit of and net profit of US $3.25 billionUS $3.25 billion
are the highest.are the highest.
ONGC TodayONGC Today
* As of 02.01.2007
1515Paid-up Share Capital : US $480.65 million
Govt., 74.14
FIIs, 9.11
PSUs, 10.47
Public, 1.80
Mutual Funds, 1.15
Indian Fis, 2.95
Others, 0.38
ONGC a State EnterpriseONGC a State Enterprise
As on 31.12.2006
1616
ONGC has state-of-the-art and globally comparable exploration facilities in place.
FacilityFacility CapabilitiesCapabilitiesDRILLINGDRILLING 98 drilling rigs (79 owned + 19 C/H)98 drilling rigs (79 owned + 19 C/H)
Onshore – 70 rigs (70 owned)Onshore – 70 rigs (70 owned)Offshore – 28 rigs (9 owned + 19 C/H)Offshore – 28 rigs (9 owned + 19 C/H)
WORK OVERWORK OVER 66 work over rigs (57 owned + 9 C/H)66 work over rigs (57 owned + 9 C/H) Onshore – 64 rigs (55 owned + 9 C/H)Onshore – 64 rigs (55 owned + 9 C/H) Offshore – 2 rigsOffshore – 2 rigs
WELL WELL STIMULATIONSTIMULATION
112 well stimulation units112 well stimulation units Onshore – 108 unitsOnshore – 108 units Offshore – 4 stimulation vesselsOffshore – 4 stimulation vessels
SEISMIC UNITSSEISMIC UNITS 25 Seismic crew (+ 1 Off-shore Vessel + 3 VSP)25 Seismic crew (+ 1 Off-shore Vessel + 3 VSP)
VIRTUAL VIRTUAL REALITYREALITY CENTRESCENTRES
Five – Mumbai (2), Dehradun (1), Vadodara (1), Five – Mumbai (2), Dehradun (1), Vadodara (1), Chennai (1)Chennai (1)
REGIONAL REGIONAL COMPUTER COMPUTER CENTRESCENTRES
Five – Mumbai, Vadodara, Chennai, Jorhat, Five – Mumbai, Vadodara, Chennai, Jorhat, KolkataKolkata
ONGC: InfrastructureONGC: Infrastructure
1717
Onland:Production Installations : 225 Pipelines (Kms.) : 7,900Engineering Workshops : 2
Offshore:Well Platforms : 131Process Platforms : 28Well cum Process Platforms : 5Offshore Supply Vessel : 59 (31+28)Multi-purpose Support Vessel : 3 (2+1)Pipelines (Km.) : 3,300
Production InstallationsProduction Installations
ONGC: InfrastructureONGC: Infrastructure
1818
Hazira, GujaratHandling Capacity: 41 MMSCMDProducts : Gas, LPG, Naphtha, SKO, HSD, ATF
Handling Capacity: 20 MMT Oil & 16 MMSCMD GasProducts :Oil, Gas, LPG, Naphtha,C2-C3
Uran, Maharashtra
LPG- Liquefied Petroleum GasSKO- Superior Kerosene OilC2-C3- Ethane- PropaneHSD- High Speed DieselLSHS- Low Sulphur Heavy StockATF- Aviation Turbine Fuel
MMTPA- Million Tonnes Per AnnumMMSCMD-Million Standard Cubic Meter per day
Ankleshwar and Gandhar, Gujarat Handling Capacity: 0.1 MMTPA Oil & 1 MMSCMD GasProducts : LPG, Naphtha
Processing FacilitiesProcessing Facilities
ONGC: InfrastructureONGC: Infrastructure
Tatipaka Mini-Refinery, Gujarat Handling Capacity: 0.1 MMTPA OilProducts : Naphtha, SKO, HSD, LSHS
1919
KDMIPE IRS
IPSHEM
IOGPT GEOPIC
ONGC Academy
IDT IEOT
INBIGS
COINCOIN
SMP
Centre for Excellence for Well Logging Technology in 2006
1962
1987
1978 1978 1983
1984
198919891982 2004
ONGC: InstitutesONGC: Institutes
2020
Keshava Dev Malviya Institute of Petroleum Exploration, Dehradun
Basin modelingHydrocarbon Resource AppraisalProspect generationGeological & Geo-chemical Research
Geodata Processing & Interpretation Centre, DehradunSeismic Data Processing & InterpretationSeismic Software Development
Institute of Reservoir Studies, AhmedabadOil & Gas Field Development PlanningEnhanced Oil Recovery (EOR) StudiesImproved Oil Recovery (IOR) Studies
ONGC: InstitutesONGC: Institutes
Institute of Drilling Technology, (Dehradun)Drilling TechnologyDrilling Fluid EngineeringCementation EngineeringWell Control School
2121
Institute of Oil & Gas Production Technology, MumbaiProduction EngineeringFacility EngineeringWell Analysis
Institute of Engineering & Ocean Technology, MumbaiGeotechnical EngineeringStructural EngineeringMaterial & Corrosion Engineering
ONGC: InstitutesONGC: Institutes
Institute of Biotechnology and Geo-tectonics Studies, Jorhat, Assam• Geo-microbial Hydrocarbon prospecting
Institute of Safety Health & Environment Management, GoaSafety Audit, Inspection & TrainingOccupational HealthEnvironment Audit Disaster ManagementSurvival at Sea Training
2222
ONGC Academy (Dehradun)Induction TrainingManagement DevelopmentTechnology ProgramsCustomized Functional Training
ONGC: InstitutesONGC: Institutes
School of Maintenance Practices (Vadodara)•Certified training courses of Oil Field Equipment maintenance
Centre for Excellence for Well Logging Technology (Vadodara)
•Technology hub for Logging services
Regional Training Institutes (RTI)•Training institutes for staff
2323
Seismic Survey 17,000 GLK (2D) and 21,000 SKM Seismic Survey 17,000 GLK (2D) and 21,000 SKM (3D)(3D)
Drilling 325 wells per yearDrilling 325 wells per year
Process 60 MMmProcess 60 MMm33 of liquid production to separate of liquid production to separate 26 MMT (195 million bbl) of oil and 23 BCM of Gas 26 MMT (195 million bbl) of oil and 23 BCM of Gas per year.per year.
Sweeten more than 11 BCM of sour gas every Sweeten more than 11 BCM of sour gas every year. year.
Extract about 3,500 KT of VAP every year.Extract about 3,500 KT of VAP every year.
E&P ActivitiesE&P Activities
2424
ONGC’s current holdingONGC’s current holding
PEL Blocks : 112PEL Blocks : 112
NELP blocks : 46NELP blocks : 46
ML Blocks : 265ML Blocks : 265
CBM Blocks : 9CBM Blocks : 9
with 601076 sq. KM of lease area.with 601076 sq. KM of lease area.
E & P ActivitiesE & P Activities
2525
Domestic Crude Oil Production (2005-06)
Domestic Natural Gas Production (2005-06)
ONGC accounts for more than 80% of domestic oil & gas production
OIL
10.0%
Pvt./J V
8.5%
ONGC
81.5%
OIL
7.0%
Pvt./J V
13.8%
ONGC
79.2%
Includes ONGC’s share of production from production-sharing contracts
2626
ONGC: TodayAwards & accolades
2727
Awards & AccoladesAwards & Accolades
among Global E&P companies
#1
#20among Global Energy Companies
September 6, 2006
Reliance- 30; IOCL- 41; NTPC- 90; BPCL- 110; HPCL-122; GAIL-156;
2828
ONGC: Moody’s Credit RatingONGC: Moody’s Credit Rating
Indicative Foreign Currency debt rating: Indicative Foreign Currency debt rating: Baa1Baa1(Two notches higher than Sovereign Rating)(Two notches higher than Sovereign Rating)
Local Currency issuer rating: Local Currency issuer rating: A2A2(Six notches higher than Sovereign (Six notches higher than Sovereign Rating)Rating)
Outlook: Outlook: Stable Stable
Highest ever credit ratings assigned by Moody’s to any Indian Corporate.
Highest ever credit ratings assigned by Moody’s to any Indian Corporate.
RatingsRatings
2929
256th in Forbes Global 2000 list (Mar, 2006), Topper from India
402nd in Fortune Global 500 (July, 2006)
PFC Energy 50: 18th among top 50 publicly traded Global Oil & Gas Companies (Jan, 2006)
Awards & AccoladesAwards & Accolades
Financial Times Global 500: 158th among the world’s largest companies (June, 2006), topper from India
3030
Moitlal Oswal CNBC: Biggest Wealth Creator among Indian Companies (Nov, 2005)
ET 500: No.1 by Market Cap & Net Profit (Feb, 2006)
BT: Most Valuable Company in India (Nov, 2005)
No.1 in Business India’s Super 100 list (Nov, 2005)
Businessworld-IMRB survey (June, 2006): Most respected PSU
Awards & AccoladesAwards & Accolades
Best PSU: People’s Award for Excellence in Business & Economy 2006, by Planman Media (June 2006)
3131
Amity Corporate Excellence Award (Feb, 2006)
Golden Peacock Global Award 2005 for Corporate Social Responsibility (May, 2006)
Awards & AccoladesAwards & Accolades
Enterprise Excellence Award by Indian Institution of Industrial Engineers (May, 2006)
All India Public Sector Sports Promotion Board: the best sports promoter among all PSUs (24.06.2006).
National Award for Excellence in Cost Management (Dec 2005)
3232
ONGC : Focus on Future
3333
Focus on Future
Monetizing Assets Assetizing Money
Integration Clean Coal opportunities
• Stabilizing output from producing fields
• Bringing New & Marginal fields into production
• New facilities• Facility renewal• Value addition• New business• Acquisitions
• Power – Tripura Plant, Wind Power
• Refinery – MRPL Expansion• Petrochemicals – Dahej,
Mangalore• SEZ - Dahej, Mangalore,
• CBM: production from 2007• UCG: production from 2008• SCG: Collaboration with
Shell
3434
Development of New and Marginal fieldsDevelopment of New and Marginal fields
Total marginal fields : Total marginal fields : 153 153
Offshore : Offshore : 7474
Onshore : Onshore : 7979
Fields Fields Monetized : 39Monetized : 39
Offshore : Offshore : 22 Onshore : Onshore :
3737
Fields under process Fields under process of monetization of monetization : 90 : 90
Offshore : Offshore : 5555
Onshore : Onshore : 3535
Fields to be Fields to be monetized: 24monetized: 24
Offshore : Offshore : 17 17
Onshore Onshore :: 77
Focus on Future
3535
Marginal fields to monetize 169 MMt of O+OEG ( Marginal fields to monetize 169 MMt of O+OEG (
95 % of UR: 177 MMT)95 % of UR: 177 MMT)
At the end of XI plan, production of 75,000 bopd At the end of XI plan, production of 75,000 bopd
and 13 MMscmd gas expectedand 13 MMscmd gas expected
Development of New and Marginal fieldsDevelopment of New and Marginal fields
Focus on Future
3636
Focus on Future: E&P Business E&P Business
Deepwater & Frontier basin thrust areasDeepwater & Frontier basin thrust areas
Early monetization of new discoveriesEarly monetization of new discoveries
Technology solutions for improving Recovery Technology solutions for improving Recovery FactorFactor
Expeditious development of small & marginal Expeditious development of small & marginal fields fields
Refurbishment of surface facilitiesRefurbishment of surface facilities
Technology inductionTechnology induction
Domain ExpertsDomain Experts
3737
Technology InductionTechnology Induction
Seismic Acquisition, Processing & InterpretationSeismic Acquisition, Processing & Interpretation
Drilling & related servicesDrilling & related services
Logging, Well Stimulation, Well ControlLogging, Well Stimulation, Well Control
Info-com applicationsInfo-com applications
Facilities & LogisticsFacilities & Logistics
Focus on Future :Technology :Technology
3838
G&G TechnologyG&G Technology
Q-Marine, GXT, Sea bed loggingQ-Marine, GXT, Sea bed loggingSeismic Vessel - MV Sagar SamikshaSeismic Vessel - MV Sagar SamikshaMulti-component Seismic surveyMulti-component Seismic surveyEM Pulse source, Virtual DrillingEM Pulse source, Virtual DrillingRTOC ( Real time Operation Control), Air Borne RTOC ( Real time Operation Control), Air Borne Electromagnetic surveyElectromagnetic survey4C-4D Project4C-4D ProjectDigital oil field monitoringDigital oil field monitoringDigital GeophoneDigital GeophoneAccelerated Weight DropAccelerated Weight DropMTEM( Multi Transient Electro Magnetic)MTEM( Multi Transient Electro Magnetic)
Focus on Future :Technology :Technology
3939
Exploration Technology required forExploration Technology required for
Improving subsurface mapping through Improving subsurface mapping through quality seismicquality seismic Mapping below BasaltMapping below BasaltSubsurface mapping below thrust and highly Subsurface mapping below thrust and highly folded areafolded areaMapping of thin reservoirMapping of thin reservoirDrilling below thrust and tightly folded area Drilling below thrust and tightly folded area Knowledge Management Knowledge Management Deepwater exploration techniques Deepwater exploration techniques Reduction of Risk capital & improving Reduction of Risk capital & improving success Ratio through Direct Detection of success Ratio through Direct Detection of hydrocarbonhydrocarbon
Focus on FutureFocus on Future
4040
Domain Experts forDomain Experts for
Seismic interpretation process Seismic interpretation process validation validation
Basin modelingBasin modeling
Petroleum system analysisPetroleum system analysis
Advance reservoir characterizationAdvance reservoir characterization
Sequence stratigraphySequence stratigraphy
4141
Drilling Hi-Tech, Multilateral, ERD & Side Track Drilling Hi-Tech, Multilateral, ERD & Side Track wellswellsNon-damaging fluidNon-damaging fluidLow Toxicity Synthetic Oil Based Mud (LTSOBM)Low Toxicity Synthetic Oil Based Mud (LTSOBM)Hydraulic Stage CollarsHydraulic Stage CollarsRiser-less drillingRiser-less drillingExpandable casingExpandable casingMedium Radius Drain Hole (MRDH) Medium Radius Drain Hole (MRDH)
Drilling & Field ServicesDrilling & Field Services
TechnologyTechnology
4242
• FPSOFPSO• Intelligent well completions, segmented completionIntelligent well completions, segmented completion• Onshore control room for offshore operationsOnshore control room for offshore operations• Dispersible smart plugDispersible smart plug• New generation PWC-CFUNew generation PWC-CFU• Produced water re-injectionProduced water re-injection• Custody transfer meterCustody transfer meter• Intelligent platformIntelligent platform
ProductionProduction
Focus on Future :Technology :Technology
4343
Production Technology required forProduction Technology required for
Production from tight reservoirProduction from tight reservoirProduction from thin ReservoirProduction from thin ReservoirTechnology for water shut off & Sand cut packersTechnology for water shut off & Sand cut packersImproving Recovery factor (IOR/EOR Techniques)Improving Recovery factor (IOR/EOR Techniques)Production from multiple reservoirs in same areaProduction from multiple reservoirs in same areaBetter stimulation methodology & techniquesBetter stimulation methodology & techniquesDetection & Exploitation of bypassed oilDetection & Exploitation of bypassed oilExploitation from sub-pressure & sur-pressure Exploitation from sub-pressure & sur-pressure reservoirsreservoirsCost effective production of Natural Gas from Cost effective production of Natural Gas from super deep water super deep water Light platform to cut costs & improving return Light platform to cut costs & improving return specially from marginal fields. specially from marginal fields.
4444
MOPNG initiated a National Gas Hydrate Programme
ONGC, GAIL & OIL participating.
Programme envisages resource estimation through actual sampling.
Gas Hydrate
Under Ground Coal Gasification
This is a proven technology to harness energy from under ground coal seams.
ONGC is looking for the other state and Central PSU and a foreign backup to join hands with.
Coal Bed Methane
Exploration and production of CBMExploration and production of CBM
4545
Possible Area of Co-operationPossible Area of Co-operation
– Preferential Access to the latest technology Preferential Access to the latest technology expertiseexpertise
– Management process and practicesManagement process and practices– New Areas viz. CBM, UCG, Surface Coal New Areas viz. CBM, UCG, Surface Coal
GasificationGasification– Joint bidding for acreages abroadJoint bidding for acreages abroad– Refinery and PetrochemicalsRefinery and Petrochemicals
4646
CollaborationCollaboration
4747
Collaboration withCollaboration with
Ente Nazionale Idrocarburi (ENI), ItalyEnte Nazionale Idrocarburi (ENI), Italy
Deepwater E&P in IndiaDeepwater E&P in India
Third country opportunitiesThird country opportunities
Technical cooperationTechnical cooperation
Collaborations: E&PCollaborations: E&P
4848
Collaboration withCollaboration with
Norsk Hydro, NorwayNorsk Hydro, NorwayDeepwater E&P in IndiaDeepwater E&P in India
Third country opportunities (Cuba)Third country opportunities (Cuba)
Technical cooperation for thin oil Technical cooperation for thin oil recoveryrecovery
Collaborations: E&PCollaborations: E&P
4949
Collaboration withCollaboration with
Roxar Software Solutions, NorwayRoxar Software Solutions, NorwayGeosteering software for geological & Geosteering software for geological & drilling eventsdrilling events
Log forward modeling using High Log forward modeling using High resolution Logs based on 3D reservoir resolution Logs based on 3D reservoir modelsmodels
Collaborations: E&PCollaborations: E&P
5050
Other collaborations in E&POther collaborations in E&P
IPR Int. Ltd. IPR Int. Ltd.
Schlumberger Asia Services Ltd. Schlumberger Asia Services Ltd.
Baker Hughes Singapore Pte. Baker Hughes Singapore Pte.
Halliburton Offshore Services Inc Halliburton Offshore Services Inc
Collaborations: E&PCollaborations: E&P
5151
Collaboration withCollaboration with
SINTEF, NorwaySINTEF, NorwayCo-operation on Env. Mgmt, Safety, Co-operation on Env. Mgmt, Safety, Occupational Health etc.Occupational Health etc.
Collaborations: ServicesCollaborations: Services
5252
Capital Investment :Capital Investment :
5353
J VC7.2%Projects
35.0%
R&D0.9%
Dev. Drilling16.4%
Expl. Drilling20.9%
Survey13.1%
Downstream0.3%
E&P Acquisition6.1%
Capex analysis (2005-06)Capex analysis (2005-06)
99.7%99.7% on on E&PE&P
5454
10th Plan Capex10th Plan Capex
5555
Petroleum Sector in IndiaPetroleum Sector in India(US $ Million)(US $ Million)
Investment NELP (2000-06)Investment NELP (2000-06) 1451.181451.18
1010thth Plan Likely Investment Plan Likely Investment
E&P SectorE&P Sector ONGC : ONGC : 11581.9111581.91
OVL : OVL : 5483.375483.37
OIL : OIL : 1075.461075.46
1. E&P CAPEX in India1. E&P CAPEX in India 12657.3812657.38
2. Refinery & Marketing2. Refinery & Marketing 5921.805921.80
3. Petrochemicals3. Petrochemicals 1712.351712.35
4. Engineering4. Engineering 13.0313.03
Total 10Total 10thth Plan CAPEX Plan CAPEX 20304.4920304.49
5656
ONGC Plan outlay: 10ONGC Plan outlay: 10thth Plan Plan
ActivitiesActivities 1010thth Plan Plan
Seismic surveysSeismic surveys 14931493
Exploratory DrillingExploratory Drilling 24042404
Development DrillingDevelopment Drilling 20242024
CBMCBM
CapitalCapital 39843984
R&D/ InstitutesR&D/ Institutes 183183
PSC JVsPSC JVs 680680
Domestic acquisition/ IntegrationDomestic acquisition/ Integration 814814
TotalTotal 1158211582
(US$ Million)
5757
Contractual Expenditure in Last Three Contractual Expenditure in Last Three YearsYears
(US $ Million)(US $ Million)
Activities 05-06 04-05 03-04
Dlrg. 32.10 60.09 48.02
Logging 57.72 41.44 66.47
2D/3D Seismic 142.92 113.73 108.29
Offshore Supply Vessels
54.53 56.98 82.82
Data Acq.Program 79.94 0 0
Drlg. H&M-Lat. Wells 19.23 11.36 0
Route Survey 16.16 20.65 0
Others 200.57 200.07 101.23
Total 603.18 504.32 406.83
5858
Addition in Plant & Machinery in Last Three Addition in Plant & Machinery in Last Three YearsYears (US $ Million)(US $ Million)
MaterialsMaterials 05-0605-06 04-0504-05 03-0403-04
Dlrg. Rigs AccessoriesDlrg. Rigs Accessories 24.5524.55 19.9219.92 24.3824.38
Casing PipesCasing Pipes 61.3361.33 47.8647.86 52.2652.26
Prod. Equip.Prod. Equip. 9.629.62 6.246.24 28.4728.47
Prod. InstallationsProd. Installations 339.93339.93 102.94102.94 130.30130.30
Process PlatformsProcess Platforms 265.62265.62 28.5828.58 164.10164.10
Data Processing Data Processing Equip.Equip.
22.0222.02 16.6716.67 23.1923.19
Trunkline-Oil&GasTrunkline-Oil&Gas 484.86484.86 5.575.57 00
FlowlinesFlowlines 51.2951.29 55.8155.81 00
Other itemsOther items 52.8852.88 85.0985.09 19.1319.13
Total AdditionsTotal Additions 1312.091312.09 368.68368.68 441.83441.83
5959
Consumption of Stores in Last Three YearsConsumption of Stores in Last Three Years (US $ Million)(US $ Million)
ItemsItems 05-0605-06 04-0504-05 03-0403-04
Drill BitsDrill Bits 7.247.24 6.716.71 7.757.75
Chemicals Incl.MudChemicals Incl.Mud 33.2733.27 39.2339.23 35.2635.26
P.O.L.P.O.L. 143.06143.06 144.14144.14 137.39137.39
Tubing Pipes FittingTubing Pipes Fitting 14.7014.70 12.0012.00 11.5011.50
Other StoresOther Stores 62.1662.16 41.1341.13 33.9733.97
Total Total 260.43260.43 243.22243.22 225.88225.88
6060
Consumption of Spares in Last Three YearsConsumption of Spares in Last Three Years (US $ Million)(US $ Million)
EquipmentsEquipments 05-0605-06 04-0504-05 03-0403-04
Drilling EquipmentsDrilling Equipments 19.4219.42 16.0416.04 15.1815.18
Production Production EquipmentsEquipments
25.3325.33 31.6331.63 15.7215.72
Geophysical Geophysical EquipmentsEquipments
4.094.09 3.063.06 4.014.01
BOP ElevatorsBOP Elevators 6.846.84 4.884.88 6.246.24
Production PlatformsProduction Platforms 4.644.64 4.914.91 3.693.69
Other SparesOther Spares 11.6711.67 12.5612.56 10.7110.71
Total Total 72.0172.01 73.1073.10 55.5555.55
Total Stores & Total Stores & SparesSpares
332.44332.44 316.31316.31 281.42281.42
6161
Improving recovery factor Improving recovery factor
ProjectProject Project CostProject Cost(US$ Million)(US$ Million)
11 IOR-Neelam (11.1.01)IOR-Neelam (11.1.01) 7878
22 IOR-Heera Part-1 (11.1.01)IOR-Heera Part-1 (11.1.01) 6969
33 IOR-Gandhar (16.12.00)IOR-Gandhar (16.12.00) 156156
44 Sanand Polymer (14.8.00)Sanand Polymer (14.8.00) 6.86.8
55 EOR-Balol (26.10.95)EOR-Balol (26.10.95) 2727
66 EOR-Santhal (16.10.95)EOR-Santhal (16.10.95) 7575
77 IOR-Jotana (28.2.01)IOR-Jotana (28.2.01) 1212
88 IOR-Santhal (14.8.00)IOR-Santhal (14.8.00) 8.78.7
TotalTotal 432.5432.5
Completed Projects
6262
Sl. Sl. ProjectsProjects Revised Cost Revised Cost (US$ Million)(US$ Million)
11 MHN Redev.MHN Redev. 72872822 MHS Redev.MHS Redev. 1478147833 IOR-KalolIOR-Kalol 222244 IOR-North Kadi Ph-IIOR-North Kadi Ph-I 141455 IOR-SobhasanIOR-Sobhasan 161666 IOR-RudrasagarIOR-Rudrasagar 494977 IOR-GelekiIOR-Geleki 18818888 IOR-LakwaIOR-Lakwa 969699 IOR-North Kadi Ph-IIIOR-North Kadi Ph-II 77
1010 IOR-Heera Ph-IIIOR-Heera Ph-II 128128TotalTotal 27262726
IOR/ EOR Projects under implementation (US$ 2.7 Billion)
Improving recovery factorImproving recovery factor
25 IOR Projects identified in other medium fields25 IOR Projects identified in other medium fields
6363
11th Plan CAPEX11th Plan CAPEX 11th Plan CAPEX11th Plan CAPEX
6464
Indian Petroleum Sector :11Indian Petroleum Sector :11thth PLAN BREAK PLAN BREAK UPUP(US $ Million)(US $ Million)
Up StreamUp Stream 35766.5035766.50
RefiningRefining 18324.7018324.70
GasGas 2939.102939.10
MarketingMarketing 1366.291366.29
Crude Pipeline/TerminalCrude Pipeline/Terminal 950.56950.56
R&D (Incl. Up Stream)R&D (Incl. Up Stream) 318.65318.65
Other (Incl. RGIPT)Other (Incl. RGIPT) 794.60794.60
TotalTotal 60460.4060460.40
6565
ONGC:11th Plan CAPEXONGC:11th Plan CAPEX ONGC:11th Plan CAPEXONGC:11th Plan CAPEX
6666
Physical Programme
11th Plan
Proposals Firm
Upside
Seismic survey
2D (GLK) 54359 46664
3D (SKM) 76398 45904
DrillingExploratory (Nos.) 651
Development (Nos.) 1000Reserves
Initial Inplace (MMToe) 1000Ultimate (MMToe) 340
ProductionCrude Oil (MMT) 140.06
Natural Gas (BCM) 112.39VAP (KT) 16346
Gas sales (BCM) 82.912
1111thth Plan E & P Programme Plan E & P Programme
6767
ONGC Plan outlay: 11ONGC Plan outlay: 11thth Plan Plan
ActivitiesActivities 1111thth Plan* Plan*
Seismic surveysSeismic surveys 17041704
Exploratory DrillingExploratory Drilling 23812381
Development DrillingDevelopment Drilling 31893189
CBMCBM 667667
CapitalCapital 75347534
R&D/ InstitutesR&D/ Institutes 187187
PSC JVsPSC JVs 10741074
Domestic acquisition/ IntegrationDomestic acquisition/ Integration 941941
TotalTotal 1857718577
*Note: 11th Plan outlay is Proposed
(US$ Million)
6868
ProjectsProjectsApprox. Project Approx. Project
costcost (US$ Million)(US$ Million)
For Direct ProductionFor Direct Production
Marginal fieldsMarginal fields 27022702
G-1 & GS-15 DevelopmentG-1 & GS-15 Development 269269
East Coast Hub Development*East Coast Hub Development* 11701170
D-1 DevelopmentD-1 Development 108108
Vasai (East) DevelopmentVasai (East) Development 359359
Addl. Dev. Bassein fieldAddl. Dev. Bassein field 625625
Dev. of SB-11, Bassein Dev. of SB-11, Bassein 5252
Addl. Dev A-1 layer in MHNAddl. Dev A-1 layer in MHN 194194
For Producing FacilitiesFor Producing Facilities
Assam Renewal Plan*Assam Renewal Plan* 547547
Other Revamping ProjectsOther Revamping Projects 743743
TotalTotal 67696769
Major Projects: E&PMajor Projects: E&P
6969
XI Plan : Investment plan- Integration & Diversification
ProjectsProjects InvestmentInvestment
( US$ Million)( US$ Million)
PetrochemicalPetrochemical 266266Power PlantPower Plant 433433
Equity ParticipationEquity Participation 293293Retail marketingRetail marketing 5.55.5
TotalTotal 10101010
7070
Mode of Co-operationMode of Co-operation Mode of Co-operationMode of Co-operation
7171
Mode of Co-operationMode of Co-operation
Turnkey assignment Turnkey assignment
Work Association Work Association
Consultancy Consultancy
Empanelment as Domain Expert on Empanelment as Domain Expert on retainership basisretainership basis
Transfer of technologyTransfer of technology
Technological AlliancingTechnological Alliancing
Any other, based on the organizational Any other, based on the organizational need need
7272
Mode of SelectionMode of Selection
Alliances and MOU Alliances and MOU
Joint VentureJoint Venture
Production Sharing ContractProduction Sharing Contract
Outright PurchaseOutright Purchase
Farm in/Farm OutFarm in/Farm Out
7373
Process of SelectionProcess of Selection
Nomination basis (Proprietary Nomination basis (Proprietary items)items)
Limited Tender (inviting short-Limited Tender (inviting short-listed parties)listed parties)
Open TenderOpen Tender
7474
Thank Thank YouYou
7575
Courage to Explore, Knowledge to Exceed, Technology to Excel