The Company operates the largest producing oil field in the Indian private sector and has pioneered the use of cutting-edge technology to extend production life. Cairn India holds material exploration and production positions in 13 blocks in west and east India along with new exploration rights elsewhere in India and Sri Lanka.
A Decade of Achievement
Exploration
More than 30 Hydrocarbon discoveries:
- Onshore
- Shallow Offshore
- Deep Offshore
Development
Fast-track development
- Lakshmi gas field discovery in May 2000 and first gas by October 2002
- Ravva developed from a 3,700 bopd field to 35,000 bopd field in 26 months, now producing over 50000 bopd
- Mangala FDP approved within 30 months from discovery
Production
- Operates the largest producing field in Indian Private Sector
- Combined field direct opex of Ravva and Cambay is $2/boe
- Pioneered use of cutting-edge technologies to extend production life
Sales
- Gas sales contract with public and private buyers
- Oil sales to four major refineries across India
- Efficient sales management of $1bn gross annual revenue in 2007
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