Business Standard

Cairn raises Rajasthan fields' estimates

Image

Our Web Bureau Mumbai
Cairn raises Rajasthan fields' estimates
Our Web Bureau / Mumbai September 20, 2005
UK-based Cairn Energy raised its estimates of oil at its three key Rajasthan fields, and said total potential production was now over 1,50,000 barrels per day.

According to a release on the company website, its three largest discoveries in Rajasthan - Mangala, Bhagyam and Aishwariya - had been certified as having 1.7 billion barrels of proven and probable oil in place.

Bill Gammell, chief executive of Cairn, said: "Rajasthan remains the catalyst for Cairn

Don't miss the most important news and views of the day. Get them on our Telegram channel

First Published: Sep 20 2005 | 1:50 PM IST

Explore News