Cairn India started production from Mangala Field in Rajasthan

Cairn India has started production from the world class Mangala Field in Rajasthan. Mangala is the largest of 25 discoveries made by Cairn in the Barmer Basin. The Mangala Field was dedicated to the nation by the Prime Minister Dr Manmohan Singh.

First oil was evacuated via trucking to the Gujarat coast for onward transport to MRPL, one of the government nominated buyers, using a heated crude oil tanker. The oil production will gradually ramp up to a peak production of 175,000 barrels of oil per day over the next 2 years. At this point, oil production from Rajasthan oil fields will account for over 20% of India’s domestic oil production.Cairn India, which is the operator of the Rajasthan block, holds a 70% participating interest with ONGC, its joint venture partner, holding a balance of 30%. The JV has already invested approximately $ 2 billion in the Rajasthan Project and has plans to invest a further $ 1.8 billion by 2011, making it one of the largest onshore oil and gas projects in India.