Essar Oil crosses 0.8 mmscmd mark in CBM production
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, the company said.
"The importance of domestic gas in the energy basket for a developing country like India is extremely crucial considering the uptrend in gas demand, price and rising import bills," EOGEPL CEO and Director Pankaj Kalra said.
"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," he said.
EOGEPL said its next milestone remains 1.0 mmscmd of CBM production.
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, the company said.
EOGEPL is engaged in Raniganj East CBM Block in West Bengal.
As of now, EOGEPL operates around 350 wells in the block and since May 2021.
The Economic Times News App for Quarterly Results, Latest News in ITR, Business, Share Market, Live Sensex News & More.