Indian state-owned upstream company Oil & Natural Gas Corp. said Thursday that its crude production during the April-June quarter registered a 3.5% year on year fall to 6.2 million mt (499,407 b/d). Receive daily email alerts, subscriber notes & personalize your experience. Register Now Natural gas output, on the other hand, rose 3.2% on the year to 6.2 Bcm. ONGC’s net realization stood at $71.48/b during the period, up 47.6% from the same quarter last year, while its gas price on gross calorific value basis stood at $3.06/MMBtu in April-June, up 23.4% from a year ago. For the quarter ended June 30, ONGC reported a 42.7% year on year rise in revenue to Rupee 272 billion ($3.96 billion), with its net profit for the quarter up 58% year on year at Rupee 61.44 billion. ONGC’s crude oil and condensate production rose 0.3% year on year to […]