{"id":289346,"date":"2019-08-29T06:24:00","date_gmt":"2019-08-29T06:24:00","guid":{"rendered":"http:\/\/infralive.com\/web\/?p=289346"},"modified":"2019-08-29T06:24:00","modified_gmt":"2019-08-29T06:24:00","slug":"cairn-to-invest-1-1-billion-in-barmer-oil-fields","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/cairn-to-invest-1-1-billion-in-barmer-oil-fields\/","title":{"rendered":"Cairn to invest $1.1 billion in Barmer oil fields"},"content":{"rendered":"<p>Eyeing incremental production from its production flagship Mangala, Bhagyam and Aishwarya oil fields in Rajasthan\u2019s Barmer district, Cairn Oil and Gas \u2013 a subsidiary of Vedanta \u2013 has decided to invest $1.1 billion in these wells. The money would be used to implement the \u2018alkaline surfactant polymer\u2019 (ASP) technology, which is expected to ramp up output from these wells by as much as one lakh barrels per day (bpd). Currently, these fields produce around 1.4 lakh bpd.<\/p>\n<p>\u201cThe ASP projects is the result of seven years of research and the pilot study has recently been concluded in March, 2019,\u201d said Ajay Kumar Dixit, CEO, Cairn Oil and Gas. \u201cIt will also increase the recovery factor to more than 50% from the current level of 36%,\u201d Dixit said, while elaborating on the prospects of the plan, which the company terms as the \u201cbiggest ASP project in the world\u201d.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Eyeing incremental production from its production flagship Mangala, Bhagyam and Aishwarya oil fields in Rajasthan\u2019s Barmer district, Cairn Oil and Gas \u2013 a subsidiary of Vedanta \u2013 has decided to invest $1.1 billion in these wells. The money would be used to implement the \u2018alkaline surfactant polymer\u2019 (ASP) technology, which is expected to ramp up output from these wells by as much as one lakh barrels per day (bpd). Currently, these fields produce around 1.4 lakh bpd. \u201cThe ASP projects is the result of seven years of research and the pilot study has recently been concluded in March, 2019,\u201d said [&hellip;]<\/p>\n","protected":false},"author":39,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[130,195,138],"tags":[],"class_list":["post-289346","post","type-post","status-publish","format-standard","hentry","category-newspapers","category-oil-gas-the-financial-express","category-the-financial-express"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/289346","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/39"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=289346"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/289346\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=289346"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=289346"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=289346"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}