New
Delhi, 28 August 2021.
Cairn
Oil & Gas, India’s largest private oil and gas exploration and production
company, completes12 years of operations from its Mangala oil field, situated
in Rajasthan. Discovered in 2004, the field was the largest global discovery of
the year and India’s largest offshore discovery in 25 years. Since first oil
was found here on August 29, 2009,Mangala field has produced
more than 473 mm stbas on July 2021.
Cairn
Oil & Gas today contributes ~25% to India’s domestic crude oil production –
majority coming from the company’s Rajasthan block that is spread across 3,111
sq km.Production from Mangala, and its sister fields Bhagyam and Aishwariya,
has contributed $19 billion to the national and state exchequer as on FY’21.
The cumulative production from the block has crossed 600 mmboe. Playing a key
role in fulfilling the country’s energy demands, the block will drive India’s
dream of achieving energy Aatmanirbharta.
Speaking on the occasion, Mr. Harish Choudhary, Revenue Minister, Government of Rajasthan, said, “Since the beginning of oil and gas exploration and production by Cairn, there has been visible socio-economic transformation in the landscape of western Rajasthan. The region now produces over 150,000 barrels of crude oil every day, with the district of Barmer registering a 650% increase in per capita income. I extend my heartiest congratulations to personnel at Cairn, as well as the residents of Rajasthan, on completing 12 years of prolific production. I wish them more success in the years to come.”
Celebrating
the occasion, Prachur Sah, Deputy CEO, Cairn Oil & Gas, said, “Since
the discovery of first oil in 2009, the Mangala field has lived up to its name
to truly become auspicious for the country’s energy needs. We have followed a
path of continuous innovation, research, and adoption of new technology to
maintain production levels. Moving ahead, Cairn Oil & Gas is committed to
contributing 50% of India’s domestic crude oil production. For this, the
Rajasthan block and Mangala particularly, will continue to play a driving role.”
Technology
and innovation are hallmarks of the Rajasthan block. The field is home to the
world’s largest Alkaline Surfactant Polymer (ASP) flood project and the Mangala
pipeline – the world’s longest continuously heated and insulated pipeline that
runs from the fields of Rajasthan to refineries in Gujarat – covering ~705 km.
Additionally, it is home to a full-field Enhanced Oil Recovery (EOR) polymer
project that is also the largest of its kind in the world.
Cairn
Oil & Gas has placed firm faith in India’s hydrocarbon potential and has
emerged as the highest bidder – winning a total of 51 blocks across successive
OALP rounds. The company will continue its focus on technology and innovation
to augment India’s domestic production. In a significant development, the
company has also reported its second gas discovery from its OALP block
CB-ONHP/2017/2 in Cambay, Gujarat.
Along
with aiding India’s energy needs, the Rajasthan block has also contributed
significantly to improving socio-economic conditions in the state. Since Cairn
commenced operations, the district of Barmer has registered a 650% increase in
per capita income – taking it above both the national and state averages.
Initiatives across water, biodiversity, education, women, and child
development, etc., have together generated rich social wealth that is visible
in the changed landscape and livelihoods of western Rajasthan today.