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Vol. IX Issue. 5
Cairn India seeks nod to raise oil production in Rajasthan

17 July 2012

July 12, 2012. Cairn India plans to raise crude oil production from its Rajasthan block by over 70 per cent to 15 million tons if the government permits further exploration in the prolific block. Cairn India currently produces just over 175,000 barrels per day or 8.75 million tons a year from Mangala and Bhagyam oilfields in the Barmer block in Rajasthan. It has permission to raise output to 235,000 bpd (11.75 million tons) from Mangala, Bhagyam and Aishwariya or MBA fields. The company believes the production can reach 300,000 bpd or 15 million tons per annum and has made an application to the government seeking permission to explore within the 3,111 square kilometer mining lease covering 25 oil and gas finds.

      
 
 
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