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
16 January 2026
The country’s global energy importance and domestic political fate are interlocked, highlighting its outsized oil and gas powers, and the heightened fallout risk
16 January 2026
The global maritime oil transport sector enters 2026 facing a rare convergence of crude oversupply, record newbuild deliveries and the potential easing of several geopolitical disruptions that have shaped trade flows since 2022
15 January 2026
Rebuilding industry, energy dominance and lower energy costs are key goals that remain at odds in 2026
14 January 2026
Chavez’s socialist reforms boosted state control but pushed knowledge and capital out of the sector, opening the way for the US shale revolution
