While its Cambay and Ravva fields turned in a stellar performance in Q-2, 2015-16, the overall average gross production for H1 FY2016 stood at 207,538 boepd, which is just a 1% year-on-year rise.
8So that wasn't really much of an increase but Cairn claims that it is in line with estimates
8The half yearly performance was much lower on a YoY basis in Rajasthan and Cambay.
8In Rajasthan, H-1 YoY output went down 2% (though Q2 output showed a 3% jump to 168,126 boepd, primarily driven by better inline reservoir performance in the Mangala field in Rahasthan), while Cambay went down by 6%.
8The total gross output in H-1 went up solely on account of a sharp 23% jump in production posed by the Ravva field.
8So is the Rajasthan block going to show a static or declining performance going ahead.
8Not so, says Cairn. This is on account of the fact that the polymer flooding exercise in its Rajasthan fields have only just began.
For more details visit indianpetroplus.com
8So that wasn't really much of an increase but Cairn claims that it is in line with estimates
8The half yearly performance was much lower on a YoY basis in Rajasthan and Cambay.
8In Rajasthan, H-1 YoY output went down 2% (though Q2 output showed a 3% jump to 168,126 boepd, primarily driven by better inline reservoir performance in the Mangala field in Rahasthan), while Cambay went down by 6%.
8The total gross output in H-1 went up solely on account of a sharp 23% jump in production posed by the Ravva field.
8So is the Rajasthan block going to show a static or declining performance going ahead.
8Not so, says Cairn. This is on account of the fact that the polymer flooding exercise in its Rajasthan fields have only just began.
For more details visit indianpetroplus.com
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