• Essar Oil’s Ranigunj asset logs record CBM production

    Essar Oil announced its Ranigunj (East) coal-bed methane asset in West Bengal reached the one million metric standard cubic metre a day (mmscmd) production mark. This is the first CBM asset in the country to cross the milestone. The second best, Great Eastern Energy Ltd is producing in the range of 0.4 mmscmd. The total CBM production in the country is around 1.5 mmscmd.

    “Essar has commenced supply to Matix Fertilisers for its pre-commissioning activities at the rate of 150,000 scmd (0.15 mmscmd). Besides Matix, the CBM is supplied to industrial consumers in Durgapur as per government notified gas prices,” the company said in a press release.

    Matix’s Rs 50 billion urea manufacturing facility at Panagarh in West Bengal was idling for more than a year for delay in gas availability from Essar. According to Essar, as per 2016 NSAI (Netherland Sewell & Associates, Inc.) report, the proven, probable and possible gross CBM reserves in the Ranigunj (East) Block is estimated at 1.09 tcf (trillion cubic feet). Ron Parker Womens Jersey

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