ONGC Share Price in Focus After Gas Leak at Rudrasagar Field Is Quickly Contained

A gas leak incident occurred on June 12, 2025, at ONGC’s Rudrasagar Field in Assam. Thanks to immediate action and strict safety procedures, the situation was brought under control without any injuries or fire. The company is now working to return operations to normal and has launched an investigation to determine the cause.

Gas Leak During Maintenance Work

At around 11:45 AM, gas began leaking during maintenance at Well No. RDS-147 in ONGC’s Rudrasagar Field, located in the Sivasagar district of Assam. The leak was noticed during regular servicing work.

Emergency Response Activated

ONGC acted swiftly by deploying standard emergency safety procedures. The well site was immediately secured, and a rapid response team led by the Asset Manager was on the scene without delay. Fortunately, there was no fire or injury, and the leak was brought under control quickly.

Steps Towards Normalisation

Technical teams and experts are being sent to the site to ensure safe and complete restoration of operations. ONGC has also begun a detailed investigation to find the root cause of the gas release.

ONGC reaffirmed its commitment to operational safety, environmental protection, and community well-being. The company assured that employee and public safety remain a top priority.

About ONGC

Oil and Natural Gas Corporation Limited (ONGC) is India’s largest government-owned oil and gas exploration company. It is responsible for about 70% of India’s crude oil and 84% of its natural gas production.

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ONGC Share Price Movement

As of June 13, 2025, ONGC share price is trading at ₹251.04, up by ₹3.16 or 1.27% from the previous close. The stock opened at ₹255.55 and recorded an intraday high of ₹255.95 and a low of ₹249.12. The company has a market capitalisation of ₹3.16 lakh crore and a price-to-earnings (P/E) ratio of 8.72. The stock has recorded a 52-week high of ₹345.00 and a 52-week low of ₹205.00.

Conclusion

The quick and effective response by ONGC prevented a potentially dangerous situation. With no injuries and the leak now under control, the focus has shifted to restoring operations safely and understanding what caused the incident. ONGC continues to prioritise safety at every level of its operations.

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