Mumbai, May 25, 2023: Essar Oil and Gas Exploration and Production Ltd (EOGEPL), India’s pioneering unconventional hydrocarbon (Coal Bed Methane) player, today announced its collaboration with M/s Sensia, a leading provider of digitalization solutions, to enhance operations through the deployment of Sensia’s Avalon digital platform interface. This strategic partnership aims to unify measurement systems, optimize decision-making, and enable remote control of critical parameters across EOGEPL’s wells, facilities, and customer interface.
Sensia’s Avalon platform offers a comprehensive interface that simplifies the capture, analysis, and digitization of well-related activities, facility-related activities, and customer end operations. The platform enables real-time data acquisition of essential parameters, such as mechanical, electrical, gas and water flow, pressure, and power backup device data, among others. With remote access and control capabilities, EOGEPL gains the ability to monitor and adjust critical well and facility parameters, facilitating efficient operations and proactive decision-making.
Commenting on the development Mr. Pankaj Kalra, CEO of EOGEPL said “We are delighted with our collaboration with Sensia and the deployment of their Avalon digital platform interface. This partnership represents a significant milestone in our digitalization journey, as it enables us to unify our measurement systems, optimize decision-making, and remotely control critical parameters across our operations. By leveraging advanced technologies, we are confident that we will achieve increased production, reduced operating costs, and enhanced efficiency, reaffirming our commitment to sustainable and efficient energy production.”
EOGEPL has already invested ₹5,000 Crores in exploration in the Raniganj block in drilling 350 wells. The company is further looking at investing another ₹2,000 crore for drilling 200 more wells in the next 18 to 24 months. The company is employing the latest technology in the existing wells to ramp up production from 0.9 mmscd to 1.3 mmscd.
The collaboration between EOGEPL and Sensia presents numerous benefits to the oil and gas industry. By utilizing a single interface for capturing and monitoring all essential parameters, the digitalization efforts will drive increased well performance, leading to enhanced production and reduced operating costs. Additionally, the remote control capabilities provided by the automation solution will streamline production operations and eliminate the need for on-site personnel, further optimizing efficiency and resource allocation.
EOGEPL is committed to embracing cutting-edge technologies and innovative solutions to fuel the growth and sustainability of its operations. Recently the company also announced its investment in Microbial eCBM technology to boost CBM production which was in line with its commitment to invest in R&D and improve operations. The partnership with Sensia marks a significant step toward achieving EOGEPL’s vision of digital transformation and remote operations within the oil and gas sector.
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 12 TCF (Trillion Cubic Feet) CBM and shale gas resources. EOGEPL has so far invested in excess of ₹5,000 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 is the only E&P player in India to produce over 80 BCF CBM till date. As on date the project is commissioned with 348 wells and a state-of-art indigenous infrastructure facilities.
Manish Kedia, Senior Vice President – Corporate Affairs, Essar
Phone: +91 98197 30092, Email: Manish.Kedia@essarcapital.com
Trupti Sakpal, Phone: +91 99308 96738, Email: email@example.com