Crude oil production in November was 2.43 million tonnes, down from 2.48 million tonnes a year back and 2.5 million tonnes in October 2021.
A total of 34 wells are planned to be drilled as part of the KG-DWN-98/2 project including 15 oil-producing wells and eight gas-producing wells.
A switch to the new tax regime, which offers a corporate income tax rate of 22 per cent, would require the company to give up this accumulated tax credit.
The Navy has pressed the warship INS Kochi and other assets into service to meet any eventuality.
Within a short period, ONGC placed orders for 34,673 oxygen concentrators on overseas vendors for immediate supply.