New Delhi, 28 August, 2020.

India’s largest private oil and gas exploration and production company, Cairn Oil & Gas, Vedanta Limited, completes 11 years of Mangala oil field operations on 29^thAugust 2020. The ‘first oil’ from Mangala field, India’s largest oil find in the last 30 years, was discovered on August 29, 2009.The company’s gross proved, and probable reserves and resources base is 1.2 billion barrels of oil equivalent as on March 31, 2020.

Cairn’s operations at the Rajasthan block holds significant national importance. The block has contributed a cumulative $18.0 billion to the nation and state exchequers. The application of world-class technology and digitalisation has helped maintain business continuity and safe operations, even during the COVID-19 pandemic.

Pramod Jain Bhaya, Minister of Mines & Gaupalan, Govt. of Rajasthan said, “The joint venture by ONGC and Cairn for the exploration and production of oil and gas has transformed the socio-economic landscape of western Rajasthan. Since 2009, when production started at Mangala, the region now produces around 150,000 barrels of crude oil every day, contributing to the growing need for energy as well as creating opportunities for livelihood and economic prosperity. I extend my heartiest congratulations to ONGC, Cairn, all the oil and gas personnel as well as the citizens of Rajasthan on completing 11 years of production and wish them success for the future.”

Dr.Subodh Agarwal, Additional Chief Secretary, Dept, of Mines & Petroleum, Govt. of Rajasthan said, “Barmer oil fields have witnessed a phenomenal output not only in terms of the crude oil production, but also the success of new era of technology. We have been able to support the industries since the beginning of its journey in Barmer. During the last one decade oil and gas production has contributed 35,000 crores to Govt of Rajasthan and per capita income of Barmer district has increased by 650 times. We are hopeful that these fields will continue to expand their operations to ensure India’s energy security and contribute towards the socio-economic progress of the state.”

Speaking on the occasion, Sunil Duggal, Chief Executive Officer, Vedanta Limited, said, “This milestone is a result of our efforts that have accelerated growth plans, enabling safer oil production to put India on the path to energy security. The economic and social impact of oil production from Rajasthan has indeed made Mangala oil field the crown jewel for the state and for India.”

Cairn is committed to maximize the potential of its Rajasthan block through application of innovative technologies like horizontal wells, EOR (Enhanced-Oil-Recovery), ASP (Alkali-Surfactant-Polymer) etc. A successful EOR-ASP pilot at Mangala led to the full-field polymer flood implementation, one of the largest polymer flood applications in the world. Asset integrity, optimisation of workflows, use of predictive analysis, automation of production workflows, Artificial Lift Surveillance (ALS) are some of the recent technology led initiatives in the field.

In addition to the direct impact that the business has had on the region, Cairn’s community interventions in areas of healthcare, drinking water and sanitation, education, and livelihood generation have brought about a sea change in the lives of people and communities in and around Barmer. Recently, the company introduce dseveral initiatives as part of ‘Project Sanjeevani’, to prevent the spread of coronavirus among communities.