Cairn targeting to achieve 5 Lakh barrel oil per day

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Barmer: Vedanta’s Cairn Oil and Gas- operating India’s largest onshore oil block in Rajasthan, is planning to invest INR 37,000 Crore to ramp up the crude production from prolific oil fields of Barmer. On Sunday, Union Minister of Petroleum and Natural Gas Mr. Dharmendra Pradhan inaugurated the Enhanced Oil Recovery program for Mangala-Bhagyam-Aishwarya (MBA) fields. The program will help in achieving the production target of 5 lakh barrels oil per day (bopd) from the Rajasthan assets.

Production will go up to 3 lakh boepd based on the capital investment plan of Rs 12,000 Crore already initiated. The production will further go up to 5 lakh boepd with a full investment plan of over Rs 37,000 Crore over next few years.

Soon after unveiling the stone at Central Polymer Facility at Barmer, the Union Minister interacted young engineers at the site and also with the group of lady petroleum engineers who are a symbol of diversity at this state of the art oil facility.

Welcoming the Minister at the Mangala Processing Terminal, CEO, Cairn Oil and Gas Mr. Sudhir Mathur said that the company has proposed to double the output and MBA-EOR project will play a vital role in achieving the goal.

Briefing about the EOR technology and the project that would be one of the largest polymer floods in the world, Chief Operating Officer Suniti Bhat said that the Mangala EOR project can deliver another 200 million barrels plus while Bhagyam and Aishwarya EOR can deliver nearly 60 million barrels in the next 12 years. These fields have successful polymer injection trials.
It may be mentioned here that Cairn has planned the upgrade of Mangala Processing Terminal to handle 1.3 million barrels of liquid. In Mangala, the plan is to apply Alkaline Surfactant Polymer flood with the drilling of another 200 or more wells. For Bhagyam and Aishwarya, full field Polymer flood will be there in both the fields with nearly 70 additional wells.

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