Cairn India set to increase gas production by 2019.

The country's biggest private sector oil producer, Cairn India, which is a part of Anil Agarwal's Vedanta group, is set to considerably increase its gas production to three million standard cubic metres a day (105.9 million standard cubic ft) by June 2019.

Production from its Raageshwari Deep Gas (RDG) field is expected to increase to 100 million standard cubic ft a day (mscfd) by then. The firm's production capacity for the September quarter of FY18 stood at of 33.8 mscfd.

'We have started investing in a $1-billion programme. After the completion of the RDG Phase-I this month, gas production is expected to increase to 40-45 mscfd,' said Sudhir Mathur, chief executive officer for Cairn's oil and gas business.

Activity on tenders for partnership with leading service providers for integrated delivery of RDG Phase-II is underway. This is expected to increase gas production and condensate production to over 5,000 barrels of oil equivalent per day (boepd) by the first half of 2019.

BS