Cairn India Ltd is looking at an incremental output of 300 million barrels of oil a day (bopd) from its oil fields in Barmer, Rajasthan. Cairn completed one year of production on August 28. It plans to get this incremental output from the enhanced oil recovery (EoR) project.
Current production from the fields is 125,000 bopd. Peak production from the fields based on the current approved plan by the Government is 175,000 bopd, which the company expects to reach shortly. This incremental 300 million bopd is over and above the proposed 240,000 bopd production target, which Cairn recently announced.
At the production level of 175,000 bopd, the Barmer fields will account for more than 20 per cent of
At the rate of $75 a barrel in the coming year at the current level (125,000 bopd) of production, the Rajasthan field will reduce
| Company Name | CMP |
|---|---|
| ONGC | 283.35 |
| Oil India | 471.35 |
| Jindal Drilling&Inds | 542.35 |
| Deep Industries | 477.70 |
| Asian Energy Service | 315.25 |
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