Mumbai-Indian state-owned upstream major Oil and Natural Gas Corp.'s crude and conden- sate production for the July-September quar- ter was flat year on year at 5.6 million mt, while gas production fell 1.4% year on year at 5.9 billion cu m. ONGC's financial year runs from April-March. "Total domestic oil and gas output came in at 84.3 million barrels of oil equivalent, a 1.4% decrease year on year and 0.13% increase from the previous quarter, highlighting the continued domestic growth challenges faced by ONGC," Bernstein Research said in a note Friday.
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