Mangala-Bhagyam-Aishwariya is a producing conventional oil field located onshore India and is operated by Vedanta Resources. According to GlobalData, who tracks more than 34,000 active and developing oil and gas fields worldwide, the field is located in block RJ-ON-90/1. Buy the profile here.
An expansion project is associated with the Mangala-Bhagyam-Aishwariya, namely the MBA Development . This project is currently in the approval stage.
Field participation details
The field is owned by Oil and Natural Gas and Vedanta Resources.
Production from Mangala-Bhagyam-Aishwariya
The Mangala-Bhagyam-Aishwariya conventional oil field recovered 53.85% 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 628.05 Mmboe, comprised of 628.05 Mmbbl of crude oil & condensate. Mangala-Bhagyam-Aishwariya conventional oil field reserves accounts 0.14% of total remaining reserves of producing conventional oil fields globally.
Contractors involved in the Mangala-Bhagyam-Aishwariya conventional oil field
The key contractors involved in the Mangala-Bhagyam-Aishwariya project as follows.
Other Contractors: National Energy Services Reunited
About Vedanta Resources
Vedanta Resources Ltd (Vedanta), formerly Vedanta Resources Plc, is a diversified natural resources company. Its major products include zinc, lead, silver, iron ore, steel, copper, aluminum, power, and oil and gas. 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. 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.
For more details on the Mangala-Bhagyam-Aishwariya Conventional Oil Field, buy the profile here.