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Cairn India is reportedly planning to invest Rs 37,000 crore to ramp up crude production at its Barmer oil fields in Rajasthan. The investment will be made over the next few years, which will enhance the production of crude oil.
Meanwhile, the company inaugurated an Enhanced Oil Recovery (EOR) programme for Mangala-Bhagyam-Aishwarya (MBA) fields in Barmer. The programme will help the company in achieving the production target of 500,000 barrels oil per day (BOPD) from the Barmer oil fields.
Cairn India is one of the largest independent oil and gas exploration and production companies in India.
| Company Name | CMP |
|---|---|
| ONGC | 144.90 |
| Oil India | 237.55 |
| Jindal Drilling&Inds | 259.55 |
| Asian Energy Service | 67.60 |
| Hind Oil Exploration | 131.00 |
| View more.. | |
