Exploration and Development
Cairn (and previously Shell) have drilled 184 wells during the exploration stage, of which 22 were discoveries, the most significant being the Mangala discovery well which confirmed the field's large reserves. The well intersected two separate reservoirs with a total oil column of 320 meters.
Cairn India expects to drill in excess of 100 wells developing the fields in the Mangala Area. First production was scheduled to begin in 2007; however, this has thought to have slipped to 2009 due to the tight oil market for equipment and services.
Peak production was expected to plateau at 175,000 barrels per day (27,800 m3/d). It is now expected to be 240,000 barrels per day.
Read more about this topic: Mangala Area
Famous quotes containing the words exploration and, exploration and/or development:
“The future author is one who discovers that language, the exploration and manipulation of the resources of language, will serve him in winning through to his way.”
—Thornton Wilder (1897–1975)
“For women who do not love us, as for the “disappeared”, knowing that we no longer have any hope does not prevent us form continuing to wait. We live on our guard, on watch; women whose son has gone asea on a dangerous exploration imagine at any minute, although it has long been certain that he has perished, that he will enter, miraculously saved, and healthy.”
—Marcel Proust (1871–1922)
“I can see ... only one safe rule for the historian: that he should recognize in the development of human destinies the play of the contingent and the unforeseen.”
—H.A.L. (Herbert Albert Laurens)