• Crude production guidance: Oil India is targeting approximately 4 million metric tonnes of crude production for the current fiscal year and plans to drill 100 wells in FY27, supported by a reserve replacement ratio of 1.02 and a wellhead production cost of $49 to $50 per barrel.
• Deepwater exploration plans: Backed by a technical partnership with TotalEnergies, the company has completed seismic surveys in the Mahanadi and KG basins and targets spudding the first deepwater well in July 2027, with plans for 4+4 deepwater wells costing ₹1,200 to ₹1,500 crore each.
• Numaligarh refinery expansion: The refinery is undergoing a phased expansion to 9 million metric tonnes, with mother units commissioning by July, remaining units by March 2027, and full stabilization scheduled for March 31, 2028, alongside an upgraded 5.5 MMTPA product pipeline.
• Green fuel initiatives: Under a mandate to develop 25 compressed biogas plants, the company has identified five sites in Assam and eight in Odisha, with initial construction already underway on two plants in Bhubaneswar and Tinsukia.