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The Economic Times

Business

Essar Oil & Gas wins five CBM blocks across three states, adds 6.6 Tcf gas reserves

Oil India Essar Natural Gas Madhya Pradesh Telangana West Bengal Essar Group

New Delhi: Essar Oil & Gas Ltd has secured five coal-bed methane (CBM) blocks across West Bengal, Madhya Pradesh and Telangana, adding about 1,281 square kilometres of acreage and an estimated 6.6 trillion cubic feet (TCF) of gas-in-place resources as it seeks to expand domestic natural gas production.

The contracts, awarded under the government's Special CBM (SCBM) bidding rounds of 2025 and 2026, were signed on Thursday, the company said in a statement.

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