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November 25, 2021updated 27 Apr 2022 12:26pm

Mangala-Bhagyam-Aishwariya Conventional Oil Field, India

By Carmen

Mangala-Bhagyam-Aishwariya is a producing conventional oil field located onshore India and is operated by Vedanta Resources. The field is located in block RJ-ON-90/1.

Field participation details

The field is owned by Vedanta Resources and Oil and Natural Gas.


Production from Mangala-Bhagyam-Aishwariya

The Mangala-Bhagyam-Aishwariya conventional oil field recovered 50.22% of its total recoverable reserves, with peak production in 2014. The peak production was approximately 175.77 thousand bpd of crude oil and condensate. Based on economic assumptions, production will continue until the field reaches its economic limit in 2061. The field currently accounts for approximately 11% of the country’s daily output.


Remaining recoverable reserves

The field is expected to recover 677.45 Mmboe, comprised of 677.45 Mmbbl of crude oil & condensate. Mangala-Bhagyam-Aishwariya conventional oil field reserves accounts 0.15% of total remaining reserves of producing conventional oil fields globally.


About Vedanta Resources

Vedanta Resources Ltd (Vedanta), formerly Vedanta Resources Plc, is a diversified natural resources company. Its operations span metals and mining, oil and gas, and power generation. The company explores, plans, builds, mines, processes, transports and markets a range of products, including base and precious metals, and minerals. Its major products include zinc, lead, silver, iron ore, steel, copper, aluminium, power, and oil and gas. The company also has under development a port operation business and infrastructure assets. Vedanta’s operations are mainly concentrated in India. It also has operations in Australia, Japan, Namibia, South Africa, South Korea,Liberia the UAE, Ireland, Taiwan and Zambia. Vedanta is headquartered in London, the UK.

Methodology

Information on the field is sourced from GlobalData’s fields database that provides detailed information on all producing, announced and planned oil and gas fields globally. Not all companies mentioned in the article may be currently existing due to their merger or acquisition or business closure.

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