India Approves Development Plan for Cairn's 3 Rajasthan Discoveries


Rajasthan
(Click to Enlarge)

Rajasthan Development Area
(Click to Enlarge)

Cairn India has reported that the Government of India (GoI) has approved a further Declaration of Commerciality (DoC) on the Rajasthan license RJ-ON-90/1 in North West India.

The DoC for the three discoveries made in Kameshwari West 2, 3 and 6 has been approved, along with a new Development Area of 822 km2 which was part of the Northern Appraisal Area.

The Kameshwari West 2 and 3 discoveries have opened up a new play in the Barmer Hill/Lower Dharvi Dungar sands on the western margin of the Rajasthan basin.

Cairn and its joint venture partner ONGC now have 3,111 km2 under long term contract on the Rajasthan license of which the main Mangala Field Development Plan (FDP) covers 1,859 km2 while the Bhagyam FDP covers 430 km2.

Rahul Dhir Managing Director and Chief Executive Officer of Cairn India said, "Cairn India is delighted to have secured the approval for 'Declaration of Commerciality' of this area from the Government of India. It will enable us to develop the discoveries and access the area for further exploitation of additional resources. We strongly believe that the Rajasthan basin is world class and will continue to add incremental value."
 

Related Companies
Events  SUBSCRIBE TO OUR NEWSLETTER

Our Privacy Pledge
SUBSCRIBE


Most Popular Articles


From the Career Center
Jobs that may interest you
Logistics Coordinator
Expertise: Dispatcher|Logistics Management
Location: Tomball, TX
 
Compliance Technician
Expertise: Production Operator|Regulatory Compliance
Location: Louisiana, United States, LA
 
United States El Reno: Perforating Specialist, Assoc
Expertise: Perforation|Petroleum Engineering
Location: El Reno, OK
 
search for more jobs

Brent Crude Oil : $56.43/BBL 0.40%
Light Crude Oil : $50.55/BBL 0.27%
Natural Gas : $2.95/MMBtu 5.44%
Updated in last 24 hours