|Xodus Group CEO, Wim van der Zande|
Xodus Group has won a contract with Cairn Oil and Gas of Vedanta Ltd to conduct exploration and appraisal work on its Rajasthan block in north-west India over the next two years.
The first stage of the work will focus on delivering new drilling prospects and an exploration drilling plan, in partnership with Cairn Oil and Gas’ in-house team. Subsequent stages, which will likely commence in 2018, will require project management of the drilling programme in the field as well as subsurface analysis of drilling results.
The work will largely be undertaken from Xodus' offices in London and The Hague with regular visits to Cairn Oil and Gas’ offices near New Delhi for workshops.
Xodus Group CEO, Wim van der Zande said: “We are pleased to be supporting Cairn Oil and Gas in the pursuit of increasing discovered hydrocarbon resources in the Rajasthan block, which is of major significance to the country. At Xodus, we continue to build our experience in India and this work will be delivered with the expertise of our fully integrated team and specialised technology.”
Cairn Oil and Gas operates over a quarter of India's domestic crude oil production. The Mangala, Bhagyam and Aishwariya (MBA) are the three largest finds in Rajasthan. The oil and gas fields in the Rajasthan Block constitute Cairn's key assets in India. The Mangala field - considered to be the largest onshore hydrocarbon find in India in the last two decades - was discovered in January 2004. This was followed by the discovery of the Aishwariya and Bhagyam fields.
Through its affiliates, Cairn has been operating for more than 20 years playing an active role in developing India's oil and gas resources. To date, Cairn has opened four frontier basins with numerous discoveries, 38 of which are in Rajasthan.