Essar's CBM output hits 1 million mark

New Delhi: Ruias-promoted Essar Energy said on Wednesday that coal bed methane (CBM) production from its Raniganj (East) block has crossed 1 million standard cubic metres per day (scmd). Essar is the first company in India to achieve the 1 million milestone.

“CBM production assumes an added significance to the state of West Bengal as hydrocarbon discovery on a commercial scale in the conventional reservoirs like sandstone or limestone is yet to materialise. With Raniganj (East) Block on stream, the quest for unconventional energy resources has begun in good earnest in West Bengal,” said Essar in a statement.

Raniganj (East) Block has sizeable CBM reserves with 25-30 years of field life. The 2016 reserve report from Netherland Sewell.