Oil India Ltd (OIL) Q4FY26 Management Mirror - Mar-2026 Qtr
Crude Oil Production
Management is targeting 4 million metric tonnes (MMT) of crude oil production for the current year, supported by plans to drill 100 wells, scaling up to a long-term goal of 11.50 MMTOE by FY30. This aligns with Dec'25 Qtr guidance, which targeted reaching 4 MMT by FY27 and drilling 100 wells, marking an improvement from the earlier baseline of 3.8 to 4.0 MMT and the Sep'25 Qtr revised target of 3.55 MMT for FY26. [Status: Reaffirmed]
4 more themes on the ELITE plan.