CAIRN INDIA LIMITED 
By CAIRN INDIA LIMITED
4th Floor | Vipul Plaza | Suncity | Sector 54 | Gurgaon |India - 122 002
T: +91 124 459 3000 www.cairnindia.com
For Immediate Release 10thApril, 2014
Cairn India Limited
Production update for quarter ended FY 2013-14 and year ended FY 2013-14
Q4 | Q3 | Full Year | |||||
Particulars | FY2014 | FY2013 | % change YoY | FY2014 | FY2014 | FY2013 | % change YoY |
OIL AND GAS (boepd) | |||||||
Average Daily Gross Operated Production (boepd) | 224,429 | 202,014 | 11% | 224,493 | 218,651 | 205,323 | 6% |
Rajasthan | 190,881 | 168,594 | 13% | 186,359 | 181,530 | 169,390 | 7% |
Ravva | 24,225 | 27,205 | (11%) | 27,857 | 27,386 | 29,161 | (6%) |
Cambay | 9,323 | 6,215 | 50% | 10,277 | 9,735 | 6,772 | 44% |
Average Daily Working Interest Production (boepd) | 142,796 | 126,623 | 13% | 140,830 | 137,127 | 127,843 | 7% |
Rajasthan | 133,616 | 118,016 | 13% | 130,451 | 127,071 | 118,573 | 7% |
Ravva | 5,451 | 6,121 | (11%) | 6,268 | 6,162 | 6,561 | (6%) |
Cambay | 3,729 | 2,486 | 50% | 4,111 | 3,894 | 2,709 | 44% |
Total Oil and Gas (million boe) | |||||||
Oil & Gas- Gross | 20.20 | 18.18 | 11% | 20.65 | 79.81 | 74.94 | 6% |
Oil & Gas-Working Interest | 12.85 | 11.40 | 13% | 12.96 | 50.05 | 46.66 | 7% |
Average gross production for FY2014 was 218,651 barrels of oil equivalent per day (boepd), 6% higher than the previous year. During the year, the Rajasthan block achieved a landmark oil production of 200 million barrels and a
200,000 boepd production milestone in March 2014.
In Q4 FY2014, average gross operated production and working interest production were 11% and 13% higher at
224,429 boepd and 142,796 boepd, respectively, driven primarily by the production ramp-up at Rajasthan. In
Rajasthan, infill drilling continues across all major fields and has driven a 13% increase in the production rate to
190,881 boepd. Development Area (DA1), which includes the Mangala and Aishwariya fields, produced a gross average of 162,245 boepd and DA2, which includes the Bhagyam field, produced a gross average of 28,636 boepd.
In Q4 FY2014, production at Cambay was 50% higher yoy at 9,323 boepd, due to the infill drilling campaign that was completed in FY2013. Production at Ravva was lower in Q4 FY2014 at 24,225 boepd though recovery rates continue to
be over 47%.
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CAIRN INDIA LIMITED
4th Floor | Vipul Plaza | Suncity | Sector 54 | Gurgaon |India - 122 002
T: +91 124 459 3000 www.cairnindia.com
For further details, Contact:
Investor Relations
Nidhi Aggarwal, Head - Investor Relations +91 98101 97755 cilir@cairnindia.com+91 124 459 3490
Media Relations
Dr Sunil Bharati, Head, Corporate Affairs & Communications +91 99104 86055 cilmedia@cairnindia.com; spokesperson@cairnindia.com+91 124 459 3138
Disclaimer
This material contains forward-looking statements regarding Cairn India and its affiliates, our corporate plans, future financial condition, future results of operations, future business plans and strategies. All such forward- looking statements are based on our management's assumptions and beliefs in the light of information available to them at this time. These forward-looking statements are by their nature subject to significant risks and uncertainties; and actual results, performance and achievements may be materially different from those expressed in such statements. Factors that may cause actual results, performance or achievements to differ from expectations include, but are not limited to, regulatory changes, future levels of industry product supply, demand and pricing, weather and weather related impacts, wars and acts of terrorism, development and use of technology, acts of competitors and other changes to business conditions. Cairn India undertakes no obligation to revise any such forward-looking statements to reflect any changes in Cairn India's expectations with regard thereto or any change in circumstances or events after the date hereof. Unless otherwise stated the reserves and resource numbers within this document represent the views of Cairn India and do not represent the views of any other party, including the Government of India, the Directorate General of Hydrocarbons or any of Cairn India's joint
venture partner.
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