Project Profile
Value: Undisclosed
Location: Damodar Valley coal field, Raniganj, West Benegal
Recoverable Resources: 1 tcf
Area: 500 sq km
Start-up Year: -
The Raniganj Block is located in the Damodar Valley coal field in the Raniganj region of West Bengal. Essar Oil entered into a 35 year contract with the Government of India for the exploration and production of CBM in the Raniganj Block in July 2002, which has been completed. The company have established an in-place resource of 4.6 tcf and a recoverable resource of about one tcf, and have put in place infrastructure for development, production and transportation of CBM from this block.
Raniganj is a block covering 500 square kilometres, in which Essar Oil has a 100% interest. Overall, Essar Oil has the largest acreage of CBM blocks in India, with a total of 10 cft of gas resources across five blocks. Current production at Raniganj is around 22,000 standard cubic metres of gas per day, reduced to minimise flaring while test sales through a 48 km pipeline to the Durgapur industrial estate are continuing. Progress towards full commercial production is continuing and peak production is expected to be 3.5 million scm/day.
Operators:
Essar Energy: Operator with 100% interest
Contractors:
Greka Drilling Limited: Turnkey, allied services and rig contract
Netherland, Sewell & Associates, Inc. (NSAI): Acquisition and Divestiture evaluations