Cairn CEO Prachur Sah. The company wants the new OALP laws to apply to existing fields
India needs tax and regulatory consistency – Cairn
Rules for new prospects should be extended to mature fields, according to the domestic producer
India’s Cairn Oil & Gas plans to double domestic oil production in the next few years and almost triple it within five, CEO Prachur Sah tells Petroleum Economist. The company—a subsidiary of mining firm Vedanta and no longer connected to UK-based Cairn Energy— is currently producing around 170,000bl/d and expects to reach 180-190,000bl/d for the year as a whole. Cairn aims to meet its expansion goals with both existing and new assets, although, over the next two-to-three years, that will primarily involve the optimisation of existing fields—especially the firm’s sizeable onshore assets in Rajasthan, Sah explains. Cairn is confident it can reach 500,000bl/d soon thereafter if reforms are
Also in this section
1 April 2026
Golden Pass’s startup offers QatarEnergy a timely boost but may also force a difficult choice between honouring disrupted contracts and capitalising on soaring spot LNG prices
1 April 2026
It is not a case of if or when, but the length and magnitude of economic damage from elevated oil prices
1 April 2026
The US-Iran conflict demonstrates the need for diversification in several senses of the word. It also exposes the limits of Washington applying pressure on major oil and gas producers it considers geopolitical adversaries
31 March 2026
Disappointing results in its bidding round are a reality check for Libya, and global exploration generally
