Cairn Oil & Gas’s Mangala oil field in Rajasthan is leading India towards achieving Aatmanirbharta in fulfilling its energy demand New Delhi, 28 August 2021 Cairn Oil & Gas, India’s largest private oil and gas exploration and production company, completes 12 years of operations from its Mangala oil field, situated in Rajasthan. Discovered in 2004, the field was the largest global discovery of the year and India’s largest offshore discovery in 25 years. Since first oil was found here on August 29, 2009, Mangalafield has produced more than 473 mmstb as on July 2021.

Cairn Oil & Gas today contributes ~25% to India’s domestic crude oil production – majority coming from the company’s Rajasthan block that is spread across 3,111 sq km. Production from Mangala, and its sister fields Bhagyam and Aishwariya, has contributed $19 billion to the national and state exchequer as on FY’21. The cumulative production from the block has crossed 600 mmboe.Playing a key role in fulfilling the country’s energy demands, the block will drive India’s dream of achieving energy Aatmanirbharta.

Speaking on the occasion, Mr. Harish Choudhary, Revenue Minister, Government of Rajasthan, said, “Since the beginning of oil and gas exploration and production by Cairn, there has been visible socio-economic transformation in the landscape of western Rajasthan. The region now produces over 150,000 barrels of crude oil every day, with the district of Barmer registering a 650% increase in per capita income. I extend my heartiest congratulations to personnel at Cairn, as well as the residents of Rajasthan, on completing 12 years of prolific production. I wish them more success in the years to come.”

Celebrating the occasion, Prachur Sah, Deputy CEO, Cairn Oil & Gas, said, “Since the discovery of first oil in 2009, the Mangala field has lived up to its name to truly become auspicious for the country’s energy needs. We have followed a path of continuous innovation, research, and adoption of new technology to maintain production levels. Moving ahead, Cairn Oil & Gas is committed to contributing 50% of India’s domestic crude oil production. For this, the Rajasthan block and Mangala particularly, will continue to play a driving role.”

Technology and innovation are hallmarks of the Rajasthan block. The field is home to the world’s largest Alkaline Surfactant Polymer (ASP) flood project and the Mangala pipeline – the world’s longest continuously heated and insulated pipeline that runs from the fields of Rajasthan to refineries in Gujarat – covering ~705 km. Additionally, it is home to a full-field Enhanced Oil Recovery (EOR) polymer project that is also the largest of its kind in the world.

Cairn Oil & Gas has placed firm faith in India’s hydrocarbon potential and has emerged as the highest bidder – winning a total of 51 blocks across successive OALP rounds. The company will continue its focus on technology and innovation to augment India’s domestic production. In a significant development, the company has also reported its second gas discovery from its OALP block CB-ONHP/2017/2 in Cambay, Gujarat

Along with aiding India’s energy needs, the Rajasthan block has also contributed significantly to improving socio-economic conditions in the state. Since Cairn commenced operations, the district of Barmer has registered a 650% increase in per capita income – taking it above both the national and state averages. Initiatives across water, biodiversity, education, women, and child development, etc., have together generated rich social wealth that is visible in the changed landscape and livelihoods of western Rajasthan today.
About Cairn Oil & Gas, Vedanta Ltd.

Cairn Oil & Gas, Vedanta Ltd., is the largest private oil and gas exploration and production company in India, accounting for more than a quarter of India’s domestic crude oil production. It has a world-class resource base, with a current interest in 58 blocks in India, including the 41 blocks under the Open Acreage Licensing Policy (OALP) Round I auction, five blocks each under Round II and Round III, and two awarded under the Discovered Small Fields (DSF) Round-II. In 2004, Cairn made the largest onshore discovery in more than two decades in India at Mangala, Rajasthan. In its operations of 20 years, Cairn has opened four frontier basins with numerous discoveries, 38 in Rajasthan alone.

Vedanta Limited, a subsidiary of Vedanta Resources Limited, is one of the world’s leading Oil & Gas and Metals company with significant operations in Oil & Gas, Zinc, Lead, Silver, Copper, Iron Ore, Steel, and Aluminium & Power across India, South Africa, Namibia, and Australia. For two decades, Vedanta has been contributing significantly to nation building. Governance and sustainable development are at the core of Vedanta’s strategy, with a strong focus on health, safety, and environment. Giving back is in the DNA of Vedanta, which is focused on enhancing the lives of local communities. Under the aegis of Vedanta Cares, the flagship social impact program, Nand Ghars have been set up as model anganwadis focused on eradicating child malnutrition, providing education, healthcare, and empowering women with skill development. The company has been featured in Dow Jones Sustainability Index, and was conferred CII-ITC Sustainability Award, the FICCI CSR Award, Dun & Bradstreet Awards in Metals & Mining, and certified as a Great Place to Work. Vedanta Limited is listed on the Bombay Stock Exchange and the National Stock Exchange in India and has ADRs listed on the New York Stock Exchange.

For more information, please visit www.vedantalimited.com/www.cairnindia.com