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Sunday, April 22, 2012

Cairn block holds record 7.3 billion barrels oil in Rajasthan

Cairn India’s Rajasthan block is now estimated to hold a record 7.3 billion barrels of oil reserves that can produce 15 million tonnes of oil, the highest by any field in India, the company said.

The crown-jewel Rajasthan block is now estimated to hold discovered and yet to be discovered reserves of 7.3 billion barrels of oil equivalent, an increase of 12 per cent over previous estimate, the company said in its fourth quarter earnings announcement.

From: http://ping.fm/v787J

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