Cairn India-led Ravva JV is set to increase its production in Krishna-Godavari basin from 38,000 barrels of oil equivalent per day (BOEPD) to 54,000 BOPD after successfully drilling an offshore horizontal well, sources close to the development have said.

"Drilling commenced in Ravva field in January and three wells have already been completed...In addition to the successful horizontal well, the