Mumbai, June 30 -- Newly-listed Vedanta Oil and Gas Ltd (VOGL) expects to nearly double its oil and gas production over the next three years, with capital investment of $700 million (about Rs.6,600 crore) lined up for the current financial year to boost output from ageing wells and support new exploration.

The company aims to produce more than 150,000 barrels of oil equivalent per day (boepd) by FY29, up from 87,000 barrels in FY26, according to an analyst who attended the demerged company's first investor meet last week.

VOGL, which currently accounts for about a quarter of India's oil output, aims to raise its share to 50%, the company said in its first investor presentation since the demerger of Vedanta Ltd-the Anil Agarwal-led resou...