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
23 April 2026
The addition of an oil pipeline to the Power of Siberia 2 gas project could ensure deliveries of Russian oil to China, materially shorten logistics lines between West Siberia and final customers, and—amid disruption in the Strait of Hormuz—offer a land-based export route that reduces exposure to maritime chokepoints
23 April 2026
There is a clear push to bolster exports to Asia amid uncertainty around its North American neighbour, but there are limits to the benefits from the energy crisis
23 April 2026
Shell made the play-opening discovery in Namibia’s Orange basin back in 2022, but its next well could decide whether the project can actually be commercialised
22 April 2026
The failure of OMV Petrom’s keenly watched exploration campaign at Bulgaria’s Han Asparuh block highlights the Black Sea’s uneven track record, despite major successes like Neptun Deep and Sakarya
