BusinessCairn Oil Plans Rs 5,220-Crore Investments In Shale, Oil Recoveries, Sees North East As New Rajasthan
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Cairn Oil Plans Rs 5,220-Crore Investments In Shale, Oil Recoveries, Sees North East As New Rajasthan
Cairn Oil will also focus on enhanced oil recovery techniques, including the use of polymers and surfactants, to increase the recovery rate from its existing fields.
One of the key focus areas for Cairn Oil is the Mangala and Aishwarya oil fields in Barmer. (Photo source: Cairn Oil & Gas company website)
Cairn Oil and Gas, India's largest private sector crude oil producer, has announced plans to invest up to $600 million or Rs 5,220 crore in financial year 2026, to ramp up production from their oil fields in Barmer, Rajasthan, and undertake drilling activities for shale and tight gas in the region.The company, a subsidiary of Vedanta Ltd., will also focus on enhanced oil recovery techniques, including the use of polymers and surfacta...