Cairn India’s Chairman, Bill Gammell said: “By 2011, Cairn and its joint venture partner will invest up to $4 billion on the development of Mangla, Bhagyam and Aishwarya fields.”
“We will commence crude oil production from Barmer shortly. We believe there is potential to extend and enhance peak plateau production from Rajasthan fields above the level of 1,75,000 bopd,” he added.
By August 2009, commercial production at the Mangla filed in the Barmer basin is expected to start with an primary capacity of 30,000 bopd. In first half of 2010, production will be increased by a further 100,000 bopd.
