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Vol. VIII Issue. 32
Cairn to ramp up output of Rajasthan block

24 January 2012

January 18, 2012. The government has approved Cairn India's plan to ramp up crude oil output from its Rajasthan block by an additional 25,000 barrels per day from the Bhagyam discovery, the second biggest oil field in the block after Mangala. Bhagyam can commence production in less than one month and can reach a peak output of 40,000 barrels this year, depending on regulatory approvals and supporting infrastructure. Cairn is already producing 125,000 barrels per day from Mangala field in the same block which can be ramped up to 150,000 barrels per day. As per the approved development plan, Aishwariya, another discovery, can produce 10,000 barrels per day subject to regulatory approval.

      
 
 
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