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CAIRN ENERGY LIFTS OUTPUT ESTIMATE FOR RAJASTHAN FIELD BY 25%.

AsiaPulse News

| February 01, 2008 | COPYRIGHT 2008 Asia Pulse Pty Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

NEW DELHI, Feb 1 Asia Pulse - Cairn Energy Plc of the UK on Thursday raised the production estimate for Mangala, its largest oilfield in Rajasthan, by 25 per cent.

Potential plateau production from the Mangala field in Rajasthan, developed by Cairn's Indian unit, rose to 125,000 barrels a day, the company said in a statement.

The company said it would pump first oil from the Mangala field in the second half of 2009.

"The potential of Mangala to produce up to 125,000 barrels of oil per day has led to a review of the o (PTI)m scale and scope of the Rajasthan development and we are confident of achieving first oil in the second half of 2009," Cairn said.

Cairn's Bhagyam discovery, the second largest field in the Rajasthan block, would produce 40,000 bpd while the Aishwariya field would have a peak output of ...

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