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CAIRN TARGETS HIGHER OUTPUT FROM RAJASTHAN (revised field development plan for Mangala oil field envisages a 25% increase in peak production at 1,25,000 bpd).

India Business Insight

| September 07, 2008 | COPYRIGHT 2001 Silverline Information Systems Pvt. Ltd. (Hide copyright information)Copyright

Cairn Energy India's Rajasthan fields are expected commence commercial production in the second half of 2009.

The company expects 16 percent higher production from the fields. The company has revised the output estimates from 1,50,000 barrels per day (bpd) (7.5 million tonnes per annum (mtpa)) to 1,75,000 bpd (8.75 mtpa). The revised field development plan submitted by Cairn for Mangala oil field, the …

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