Cairn India company improve crude oil production

On March 24, according to dow Jones India Mr. Meyer, India's largest onshore oil blocks operator said on Saturday, cairn India company will invest $2 billion over the next few years company, this is the company plans to rajasthan India northwest oilfield production increased by 71% as part of the efforts.

Chemical Products, Cairn India company CEO p. Elango told reporters: "the oil field of the current production of about 175000 barrels per day, but has the potential to increase production to 300000 barrels per day, this will require investment of $2 billion. '

Cairn India company investment and exploration plan will also help improve the domestic production of crude oil and natural gas, under the influence of aging oil and gas fields in recent years, India's oil and gas production is gradually decline.