The company's crude oil production has now risen to 190,000 bpd from 176,000 bpd.
The state-run oil and gas explorer ONGC is right on track to launch the follow-on-public (FPO) on September 20, 2011. The empowered group of ministers (EGoM) may meet tomorrow to decide the price band for Rs 10,500-crore FPO offer.