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India Gazette
a day ago
- Business
- India Gazette
Cairn leads with cutting-edge technology to elevate domestic oil & gas output
New Delhi [India], June 15 (ANI): Cairn Oil & Gas, a subsidiary of the Vedanta Group and India's largest private oil and gas exploration and production company, is ramping up the deployment of advanced technologies and enhanced oil recovery techniques to boost domestic crude production. As part of its expansion strategy, the company is preparing to monetise its Shale reserves in Rajasthan and has launched the next phase of Alkali-Surfactant-Polymer (ASP) injection, targeting up to 300 million barrels of recoverable oil from mature fields. 'In Rajasthan, Cairn is preparing to monetise its Shale blocks, drawing on U.S. experience and partnering with Parker Wellbore (now part of Nabors Industries) to deploy a high-performance rig equipped with advanced automation and real-time monitoring,' the company said. Cairn is turning to sensors, seismic imaging, and generative AI to crack some of the country's toughest energy challenges, as per the company. It is deploying drone-based surveillance of digital twins and 4D seismic mapping to rejuvenate mature fields and tap unexplored reserves, as per the company. National Stock Exchange-listed Cairn Oil & Gas accounts for over a quarter of India's domestic crude oil production and aims to increase this contribution to 50 per cent. The company operates across India, holding interests in 62 blocks and producing from assets in Rajasthan, Andhra Pradesh, Gujarat, and Assam. Hitesh Vaid, Chief Financial Officer, Cairn Oil & Gas, Vedanta Ltd, said that the company is actively strengthening its footprint across the country to bolster exploration and production. 'Over the next 3-5 years, we plan to invest approximately USD 3-4 billion. Our focus will be on expanding exploration in our offshore blocks, leveraging deepwater projects on the East Coast and shallow water campaigns on the West Coast,' Vaid said. Additionally, the company will be scaling up operations in its existing fields with growth projects like ASP injection and the development of unconventional techniques like Tight Oil, and Shale in Rajasthan by leveraging advanced & digital technologies to improve efficiency and productivity, he added. Describing the company's activity on adopting technologies in the exploration, Vaid further added, 'By adopting cutting-edge digital solutions - Artificial Intelligence (AI), Machine Learning (ML), Industrial Internet of Things (IIoT), Augmented Learning (AL), and drone-based initiatives - through real-time data analytics, automation, and predictive maintenance systems, the company has successfully optimised its operations.' DRISHTI is a one-stop solution for Cairn's data-driven reservoir and production management system, which is used to augment reservoir performance, as per the company. According to the oil and gas major, implementation of predictive operational alarms has drastically reduced downtime of equipment, leading to a 25 per cent reduction in workflow development time, further accelerating delivery and maximising productivity. 'The implementation of Process Digital Twin technology has reduced gas flaring by 30 per cent and optimised fuel gas usage by 18 per cent, enhancing operational efficiency and sustainability,' Vaid said. India has a total of 26 sedimentary basins, stretching to approximately 3.36 million square kilometres. Of this, 2.4 million square kilometres lie in onshore and shallow water, while 1.32 million square kilometres are in deeper offshore water. Notably, more than 70 per cent of the region is still unexplored. Vaid said that unlocking the identified offshore hydrocarbon reserve holds the key to achieving India's vision for energy self-reliance. 'We are optimistic about the country's offshore potential and are focused on drilling on the East Coast in the Krishna Godavari basin,' he added. In OALP Round IX, Cairn secured 7 new blocks, 4 onshore and 3 offshore, across Cambay, Saurashtra, and Mumbai basins. These blocks are in proximity to our Cambay operations and will help us strengthen our drilling campaign on the West Coast. (ANI)
Yahoo
28-04-2025
- Business
- Yahoo
Cairn, EMGS partner for subsurface mapping in India's KG Basin
Cairn Oil & Gas has partnered with Electromagnetic Geoservices (EMGS) to perform a 3D Controlled Source Electro-magnetic (CSEM) survey in the deep-water Krishna-Godavari (KG) Basin off India's east coast. CSEM is a geophysical approach used for subsurface models that improves the accuracy of hydrocarbon detection and reduces exploration risks. The survey, currently under way at the KGDWHP-2017/1 block using the Atlantic Guardian vessel, utilises EMGS' Deep Blue source system. Over the coming weeks, data acquisition will continue, with subsequent processing set to deliver more precise insights into the deep-water block's potential. By integrating the new CSEM data with recently reprocessed 3D seismic data, Cairn aims to better characterise and prioritise its offshore exploration prospects within the block. Cairn Oil & Gas chief exploration officer Sam Algar said: 'The acquired data will support definition of locations for exploration, appraisal and subsequent development, ensuring drilling decisions are based on the most accurate and comprehensive subsurface data. 'By leveraging the global expertise from EMGS and the latest advancements in CSEM technology, the KGDWHP-2017/1 block is poised for successful exploration and development, unlocking its hydrocarbon potential.' Cairn's KG basin assets span more than 4,500km² in water depths of between 500m and 2,500m. Drilling is due to commence in 2026 across a 3,600km² area that includes four gas discoveries and numerous prospects with multi-trillion cubic feet potential. Cairn Oil & Gas chief financial officer Hitesh Vaid said: 'Cairn has been at the forefront of technology adoption for efficient exploration and production in India's upstream sector. Through our partnership with EMGS, we will fast track development of the deep-water block in line with our vision to contribute 50% of India's oil and gas production.' Recently, Cairn formed an alliance with TechnipFMC to leverage the latter's engineering, procurement, construction and installation model to fast-track the development of subsea infrastructure for deep-water projects in India. "Cairn, EMGS partner for subsurface mapping in India's KG Basin" was originally created and published by Offshore Technology, a GlobalData owned brand. The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content on our site. Sign in to access your portfolio
