Cairn Energy plans to start production from the first train of 30,000 barrels of oil per day from Rajasthan and a second train of 50,000 barrels per day by the fourth quarter of 2009.
Cairn says the fields will hit peak production of 1,75,000 barrels of oil per day in 2011, when they will contribute over 20% of the country’s domestic crude oil production.
Now, take this along with the fact that Reliance Industries’ KG basin gas production will reach a peak of 80 million metric standard cubic metres per day, (something like half a million barrels of oil per day (bopd) of oil equivalent), by December 2009.
It looks like Cairn’s crude production from Barmer oilfields, Reliance’s output from KG will contribute to over 60% of India’s oil and gas production.
Not bad.
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