Cairn India has reported its oil and gas production figures for the quarter ending 31 December 2020 from the mighty Rajasthan oilfields as well as the Ravva offshore and Cambay onshore assets.

The company through its parent Vedanta Limited said average gross operated production during the quarter was 159,621 barrels of oil equivalent per day, down 7% compared to the corresponding period in 2019 and 3% less than the quarter ending 30 September 2020.

The reduction was due mainly to a delay in the execution of growth projects due to Covid-19 and natural reservoir decline at the MBA fields (in Rajasthan).

"Numerous initiatives are under execution to improve the reliability of the surface facilities and power system and consequently reduce the unplanned losses to a minimum," said Vedanta Limited.

Cairn's net share of production from the three assets was 100,998 boe per day.

Gross production from the Rajasthan region averaged 132,174 boe per day for the quarter, 9% less than the same quarter 2019.

Gas production from the Raageshwari Deep Gas project averaged 130 million cubic feet per day.

The Ravva block produced at an average rate of 16,770 boe per day in the December 2020 quarter, up 26% year-on-year but down 22% on the previous quarter.

The Cambay project produced at an average rate of 10,677 boe per day in the quarter.

Production

Cairn India pumps out the volumes despite 2020 challenges