Cairn Oil & Gas plans major production ramp up in India [Global Gas Perspectives]
Cairn Oil & Gas plans major production ramp up in India [Global Gas Perspectives]
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Natural Gas News
Summary
Cairn has invested over $20bn to develop a diverse onshore and offshore portfolio, and further plans to aggressively invest and grow its R&R to 1.6bn boe to enhance production over the next three years. by: Shardul Sharma
Cairn Oil & Gas, a subsidiary of Vedanta, India’s leading private energy and mining company, plans to drill around 40 exploration and appraisal wells over the next two years. The focus will be on the Northeast region and coastal areas, including both shallow and deep waters, the company’s Deputy CEO, Steve Moore, told NGW. “Today, we are executing one of the largest exploration projects by any private company in India, to unlock the country’s hydrocarbon potential. We have a plan to mobilise 20 rigs across sites, as part of our exploration and development plans. T...
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