Cairns Indian assets are both in the field of exploration
and production; explorations in Western, Eastern and Northern
India and production in the North and the East.
Its
efforts in western India are almost exclusively focused
on Block RJ-ON-90/1 onshore, in Rajasthan. Cairn commenced
a multi-well drilling programme on Block RJ-ON-90/1 in
2002 and initial drilling activity focused on an exploration
and appraisal campaign in the central and southern parts
of the block. In early 2004, exploration activity moved
to prospects in the northern third of the block and has
resulted in number of major oil discoveries. Cairn currently
has several drilling rigs operating in Rajasthan and is
conducting fast-track exploration, appraisal and development
activities in parallel across the block.
Elsewhere
in western India Cairn has signed a production sharing
contract for a 30 per cent interest in Block CB-ONN-2002
/ 1 and has agreed to acquire a 30 per cent interest in
Block CB-ONN-2001/1 from ONGC. Both blocks are located
in the onshore Cambay Basin.
In
the East, exploration drilling by Cairn in deep water
acreage in the Krishna-Godavari Basin resulted in a succession
of oil and gas discoveries in 2000 and 2001. In view of
the large capital required for deep water appraisal and
development, Cairn had agreed to dispose of a 90 per cent
exploration interest in Block KG-DWN-98/2 to ONGC. Cairn
has also relinquished its 50 per cent interest in Block
KG-OS / 6.
Its
production activities include its operation in Block CB
/ OS-2 in the Cambay Basin offshore Gujarat on which it
has made several oil and gas discoveries. Of these, the
Lakshmi and Gauri gas fields have been successfully developed
and commenced production in November 2002 and April 2004
respectively. In February 2006, Cairn reported a daily
gross gas production of 131.8 million standard cubic feet
of gas from the two blocks and up to 50,000 barrels of
oil per day from the Ravva field in the Krishna-Godavari
Basin the East
In
North India and Nepal, Cairn has acquired frontier exploration
acreage and signed a production sharing contract for a
100 per cent
interest Block GV-ONN-2002 / 1 and has agreed to acquire
a 30 per cent interest in Block GV-ONN-97 / 1 from ONGC.
Both blocks are adjacent to the border with Nepal.
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