Essar Oil and Gas to invest Rs 900 cr in CBM block

Deccan Chronicle | 26th April 2018

Ruia family-owned Essar Oil and Gas will invest Rs 900 crore in drilling 150 more wells on its Raniganj CBM block in West Bengal to more than double gas output to 2.3 million standard cubic metres per day by 2021, its Managing Director and CEO Vilas Tawde said.Essar Oil and Gas Exploration and Production Ltd (EOGEPL) has so far drilled 348 wells on the blocks and is producing 1 mmscmd of gas from coal seams…

Source:https://www.deccanchronicle.com/business/companies/260418/essar-oil-and-gas-to-invest-rs-900-cr-in-cbm-block.html

2018-04-27T10:26:42+00:00 April 26th, 2018|Uncategorized|