Cairn India aims to increase crude production at its Barmer block from 180,000 barrels per day to 210,000-215,000 bpd by the end of the current fiscal. It plans to invest $3 billion in its energy assets in India, on developing the prolific Barmer block in Rajasthan.
The largest private oil producer had sought the oil ministry's approval for an integrated field development plan for the block. It produces over 150,000 bpd of oil from the Mangala fields, over 25,000 bpd from Bhagyam, and the balance from the Aishwarya fields which commenced production earlier this March.
