EOGEPL crosses the 0.8 mmscmd mark of gas production

Inches closer to the 1.0 mmscmd benchmark

Mumbai/Durgapur, June 07, 2022: Essar Oil and Gas Exploration and Production Ltd (EOGEPL), India’s pioneering unconventional hydrocarbon (Coal Bed Methane) player, today announced crossing 0.8 mmscmd of gas production and is successfully marching towards the benchmark of 1.0 mmscmd post commissioning of the Urja Ganga Pipeline.

EOGEPL was the first to cross the much anticipated threshold of 1.0 mmscmd of gas production a few years back, demonstrating the initial potential of the Raniganj East Block. The company is also committed to contribute towards our Hon. PM’s vision of becoming a ‘’Gas Based Economy’’ in the next decade, by ramping up its CBM gas production.

Pankaj Kalra CEO and Director EOGEPL said “The importance of domestic gas in the energy basket for any developing country like India is extremely crucial considering the uptrend in gas demand, price and rising import bills. EOGEPL has always led the path and is strategically focused on the development of Unconventional Hydrocarbons in India. The unavoidable delay in the GAIL Urja Ganga trunk line caused numerous challenges for us. However, steady efforts and technological applications to ramp-up gas production to double the production and cross 0.8 mmscmd has brought us back on track. Our next milestone remains 1.0 mmscmd and we are putting concerted effort to over the next few months.’’

Crossing the 0.8 mmscmd mark has aligned the production curve with the forecast available enabling EOGEPL to further escalate field activities and efforts toward the next goal of 1.0 mmscmd. The future ramp-up will be an integration of re- fracturing and revival of wells, alongside fresh technological applications, many of which will boast of its first time application in CBM in India and would be in line with EOGEPL’s pioneering endeavours of CBM in the country.

EOGEPL had pioneered CBM exploration in the early 90’s and helmed CBM development with commercial success in the state of art Raniganj East CBM Block in West Bengal, India.

As of now, EOGEPL operates around 350 wells in the block and since May, 2021 with a systematic approach of well revival, technology application and close monitoring, the company has been consistent with the ramp-up forecast from renowned CBM experts. The field management within the Covid window with various services/logistics limitations had also been a challenge that was successfully mitigated.

Press Coverage

PTI : https://www.moneycontrol.com/news/business/essar-pumps-rs-5500-crore-in-cbm-project-output-crosses-0-8-mmscmd-8654251.html

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EOGEPL is one of the largest E&P companies in India primarily focused in the domain of Unconventional Hydrocarbons (UHC) having a resource base of 15 TCF (Trillion Cubic Feet) CBM and shale gas resources. EOGEPL has so far invested in excess of Rs. 4,000 Crores in exploration to commercial development of the Raniganj CBM Block. The company is a pioneer of Unconventional HC in India with about 25 years of experience in E&P of CBM. EOGEPL’s Raniganj CBM Block is the first CBM Project in India to cross the threshold of 1.0 million cubic metres of gas production. As on date the project is commissioned with 348 wells and a state-of-art indigenous infrastructure facilities.

Media contact: 

Manish Kedia, Senior Vice President – Corporate Affairs, Essar

Phone: +91 98197 30092, Email: Manish.Kedia@essarcapital.com

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Trupti Sakpal, Phone: +91 99308 96738, Email: trupti.sakpal@adfactorspr.com