100 well on Rajasthan block over the next three years.
Cairn India chief executive and director P Elango said, "We are focused on enhancing the recovery efficiency from our producing fields through the use of cutting edge enhanced oil recovery (EOR) techniques. We have also been extremely active with the drill bit as we continue to aggressively develop our world class resource base."
The recently announced policy on the Integrated Development Plan will help the cut the lead time in bringing discoveries to production by half to 18-24 months.
The company also said it has made a formal application for an extension of the licence for Rajasthan and Ravva blocks beyond 2019.
The committee constituted by the Oil ministry to "look into the production sharing contract (PSC) extension is expected to submit its report shortly," Cairn India said.