Cairn India bid for 2 out of 34 oil and gas exploration blocks on offer in the 9th round of auction under the New Exploration Licensing Policy (NELP). Out of 34 blocks, 19 blocks are totally new areas - 7 in deep sea, 2 in shallow water and 10 onland blocks. The remaining 15 - 1 in deep water, 5 in shallow water and 9 onland blocks are recycled blocks.
Cairn India submitted offers for only two blocks, one onland and one offshore. It did not bid for any two exploration blocks on offer in Rajasthan.
The Mangala oilfield in Cairn India's prolific RJ-ON-90/1 block in the Thar desert of Rajasthan is currently producing 125,000 barrels per day and the entire area, where the company has made number of oil discoveries, has the potential to produce up to 300,000 bpd (15 million tonnes a year).
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