cairn

Cairn India Limited - Oil and Gas Exploration Companies In India



Exploration Success
Exploration strategy based on a portfolio of high reward prospects across the risk spectrum

Cairn India is in an exciting period of growth and is pursuing a range of exploration and appraisal programmes in its key Rajasthan acreage and other exploration blocks throughout India and South Africa. Cairn India pursues a strategy of accessing and applying appropriate leading-edge technologies to ensure it builds competitive advantage in all exploration projects.

Exploration is a core activity for Cairn India and its exploration strategy is based on a portfolio of high reward prospects across the risk spectrum. It uses leading edge geological and geophysical technologies to enhance the probability of exploration success and monetise its hydrocarbon resources.

Cairn India has 8 blocks in its portfolio. The blocks are located in four strategically focused areas namely one block in Rajasthan, two on the west coast of India, four on the east coast of India and one in South Africa.

Cairn India operates ~27% of India's domestic crude oil production. To date, Cairn India has opened 4 frontier basins with numerous discoveries, 37 in Rajasthan alone.

The Mangala field in Rajasthan, discovered in January 2004, is one of the largest onshore oil discoveries in India. Mangala, Bhagyam and Aishwariya fields – major discoveries in the Rajasthan block – have gross ultimate oil recovery of over 1 billion barrels.

In addition, the company is focused on exploration across the asset portfolio both in India and core areas internationally and has also started the seismic survey in its South Africa block, which is in line with the company's exploration led growth strategy focused on replacement and growth of reserves leading to long term sustainable value creation.

Vision

To be a best-in-class E&P Company with a balanced portfolio delivering value through superior business performance and partnerships...

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Investing in Future

Having made a commitment to its employees, Cairn India enters into a phase of drilling more wells in Rajasthan, Mannar, KG onshore, Rawa and Cambay blocks.

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