Cairn India plans 450 Rajasthan block wells

04/29/2013
Cairn India Ltd. plans to drill more than 450 wells over the next 3 years on its Barmer basin block in Rajasthan, India, where it is producing from five oil fields and recently revived exploration. In a financial report, Cairn said the drilling total would include 100 exploration and appraisal wells. After receiving government clarification that exploratory drilling is allowed on development blocks, the company in February spudded its first exploratory well on the Rajasthan block in more than 4 years (OGJ Online, Feb. 26, 2013). In the financial report it said evaluations of the well, Raageshwari-South-1, indicated an oil column of about 10 m in the Dharvi Dungar formation. This well made...
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