Vedanta Resources says Cairn India has started polymer injection at Mangala

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Sharecast News | 31 Oct, 2014

Updated : 17:27

Oil and gas exploration and production company Vedanta Resources said Cairn India, one of its subsidiaries, has begun polymer injection at its Mangala field in Rajasthan, India.

The firm said the Mangala Enhanced Oil Recovery project has started ahead of its previous expectations, adding that the polymer injection activity will be steadily increased.

"This will enable us to further unlock the potential of the prolific Rajasthan block and help contribute significantly towards the nation's energy security," SudhirMathur, the group chief financial officer said in a statement.

"The chemical EOR programme has a potential to enhance recoveries from the Mangala, Bhagyam and Aishwariya fields by around 300 million barrels," Vedanta added in a statement.

Vedanta shares rose 0.86% to 817.50p at 15:00 on Friday..

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