Vedanta : Cairn Oil & Gas touches milestone 500 mmbbl production of oil from Mangala oilfield

New Delhi, 10 October 2022:Cairn Oil & Gas, India's largest private oil and gas exploration and production company, has touched milestone 500 mmbbl production of oil from its Mangala oilfield. Discovered in 2004 and put into production in 2009, Mangala is part of the MBA (Mangala Bhagyam Aishwarya) trinity situated in the Barmer district of Rajasthan. Mangala is India's largest onshore oilfield and considered the largest onshore hydrocarbon find in India in the last two decades.

Speaking of the milestone,Prachur Sah, Deputy CEO, Cairn Oil & Gas,said, "We are happy to have achieved this milestone of producing 500 mmbbl of oil from our Mangala oilfield. This brings us closer to our target of doubling our production capacities in line with our chairman's vision to contribute 50% to India's domestic oil and gas production and contribute towards the country's energyAatmanirbharta."

The Rajasthan block is of crucial national significance and is home to a number of technology firsts. The field has been the first in the country to apply micro seismic hydrofrac monitoring technology and has also executed the world's largest jet-pump operation. It is also home to the world's largest Enhanced Oil Recovery (EOR) polymer flood project and the world's largest Alkaline Surfactant Polymer (ASP) project. These technology firsts have enabled the Mangala field to defy age and continue its contribution to India's domestic crude production. The field also marks the starting point of the Mangala pipeline - the world's longest continuously heated and insulated pipeline that carries crude from the fields of Rajasthan to refineries in Gujarat.

Along with aiding India's energy needs, the Mangala field has also contributed significantly to improving socio-economic conditions in its vicinity. 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 touched the lives of over 8 crore people in the region. This has generated rich social wealth that is visible in the changed landscape and livelihoods of western Rajasthan today.

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About Cairn Oil & Gas
Cairn Oil & Gas, Vedanta Limited, 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 62 blocks in India, including the 38 blocks under the Open Acreage Licensing Policy (OALP) Round I auction, 5 blocks under Round II and 3 blocks under Round III, 2 awarded under the Discovered Small Fields (DSF) Round-II and 8 under DSF Round-III, and one Coal Bed Methane (CBM) block. In 2004, Cairn made the largest onshore discovery in more than two decades in Mangala, Rajasthan. In its operations of 20 years, Cairn has opened 4 frontier basins with numerous discoveries; 38 in Rajasthan alone. Cairn is part of the Vedanta Resources Limited, the world's sixth largest diversified natural resources conglomerate with interest in oil and gas, zinc-lead-silver, copper, iron ore, aluminium, and commercial power. The company has a presence across India, South Africa, Namibia, Australia, and Ireland. Governance and sustainable development are at the core of Vedanta's strategy, with a strong focus on health, safety, and environment, and on enhancing the lives of local communities. The company has been conferred the Confederation of Indian Industry (CII) "Sustainable Plus Platinum" label and ranks among the top 10 most sustainable companies in India.
For more information, please visitwww.cairnindia.com/www.vedantalimited.com