Cairn CEO Prachur Sah. The company wants the new OALP laws to apply to existing fields
India needs tax and regulatory consistency – Cairn
Rules for new prospects should be extended to mature fields, according to the domestic producer
India’s Cairn Oil & Gas plans to double domestic oil production in the next few years and almost triple it within five, CEO Prachur Sah tells Petroleum Economist. The company—a subsidiary of mining firm Vedanta and no longer connected to UK-based Cairn Energy— is currently producing around 170,000bl/d and expects to reach 180-190,000bl/d for the year as a whole. Cairn aims to meet its expansion goals with both existing and new assets, although, over the next two-to-three years, that will primarily involve the optimisation of existing fields—especially the firm’s sizeable onshore assets in Rajasthan, Sah explains. Cairn is confident it can reach 500,000bl/d soon thereafter if reforms are
Also in this section
4 December 2025
Time is running out for Lukoil and Rosneft to divest international assets that will be mostly rendered useless to them when the US sanctions deadline arrives in mid-December
3 December 2025
Aramco’s pursuit of $30b in US gas partnerships marks a strategic pivot. The US gains capital and certainty; Saudi Arabia gains access, flexibility and a new export future
2 December 2025
The interplay between OPEC+, China and the US will define oil markets throughout 2026
1 December 2025
The North African producer’s first bidding round in almost two decades is an important milestone but the recent extension suggests a degree of trepidation
