Oil India plans to hire an international consultant for gaining technological know-how to exploit heavy oil from its newly discovered wells. The company recently discovered oil reserves in an oil well in the Nachna area at a depth of 1,229 m. The firm also found oil reserves in another well two months ago. Oil found in both these wells comes in the category of heavy oil but India still does not have the technique to exploit heavy oil. During exploration works, oil and gas was found in many areas
Tag: Cairn India
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Govt to seek legal opinion on RIL, Cairn India pleas
The opinion of Solicitor General of India may sought by the Union Oil Ministry on whether Reliance Industries and Cairn India can be permitted to drill exploration wells in already producing oil and gas fields.
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Govt to allow Cairn India to explore Rajasthan oilfields
Cairn India is to be allowed to further explore Rajasthan oilfields, a decision that could raise the block's output by over 70 per cent. It is said that the Union Oil Ministry has decided to this extent.
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HPCL seeks assured oil supply for proposed refinery
Hindustan Petroleum Corp (HPCL), which proposed to set up a 9 million tonne a year refinery at Barmer in Rajasthan, has asked the oil ministry to give firm allocation of crude oil from Cairn India's oilfields in the state.
The company has reportedly told the oil ministry that
its p
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Cairn India bags FICCI’s safety award
Cairn India, Asia's fastest growing E&P company and one of India's leading upstream oil & gas company, has been awarded the FICCI Safety Excellence award for Manufacturing 2012 for its Ravva oil & gas field in Andhra Pradesh. Cairn India bagged the Platinum award (first prize) under the 'large size category'. At a ceremony in New Delhi last month, the Union Minister of Labour & Employment
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Shale gas exploration
Cairn India plans to bid for shale acreages once the bidding process starts by 2013. According to the proposed policy, the contractor will also be exempted from payment of cess on shale oil.
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Cairn India to raise output from Barmer fields
Cairn India is working on raising crude oil production from its Barmer fields in Rajasthan. The company’s production from Rajasthan has reached 175,000 barrels a day and the
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Cairn gets nod to produce gas in Rajasthan
Oil and Natural Gas Corporation (ONGC) and the Directorate General of Hydrocarbons (DGH) have given Cairn India the go-ahead to start production from the Bhagyam oilfield, the second-largest find in the prolific Rajasthan block.
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DGH to be more transparent
The Oil Ministry has decided to implement recommendations of an expert panel in the Directorate General of Hydrocarbon (DGH) and make the Directorate's functioning more transparent.
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More oil from Ravva
Cairn India has increased its production from offshore Ravva oil field by 16,000 barrels of oil per day (bopd), according to a company official.