Vedanta outlines bidding process to ramp up India onshore production

May 10, 2017
Vedanta Ltd. has announced a prequalification process for service providers to participate in plans to increase Cairn India Ltd.’s production from Mangala, Bhagyam, and Aishwariya fields on the Rajasthan block.

Vedanta Ltd. has announced a prequalification process for service providers to participate in plans to increase Cairn India Ltd.’s production from Mangala, Bhagyam, and Aishwariya fields on the Rajasthan block.

Documents outlining prequalification criteria invite service companies having “end-to-end capabilities” in enhanced oil recovery, improved oil recovery, and production optimization techniques to express interest in an international competitive bidding process.

Plans call for two categories of floods to enhance ultimate recovery rates. Category 1 involves polymer floods in Bhagyam and Aishwariya fields and alkaline-surfactant-polymer (ASP) floods in Mangala field. Category 2 calls for ASP floods in Bhagyam and Aishwariya fields.

Mumbai metals and mining group Vedanta on Apr. 11 completed its buyout of oil and gas explorer Cairn India despite investor opposition. Vedanta Ltd. is a unit of diversified energy group Vedanta Resources PLC.

Cairn operates Block RJ-ON-90/1 in the Barmer basin in northwestern India. Cairn, with 70% interest, and Oil & Natural Gas Corp. (ONGC), with 30%, are the operating committee for Block RJ-ON-90/1.

Cairn and ONGC made 38 oil and gas discoveries on Rajasthan block, including Mangala, Bhagyam, and Aishwariya fields. Those three fields, discovered in 2004, have an estimated 2.1 billion bbl of oil in place.

The fields were brought on stream in stages starting in 2009 (OGJ Online, Jan. 28, 2010).