India’s Essar Oil and Gas Exploration and Production (EOGEPL) has made an undisclosed investment in Microbial eCBM technology to boost the production of coal bed methane (CMB).
The funding is part of EOGEPL’s goals to invest in research and development (R&D) and enhance operations.
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The unconventional hydrocarbon company said it has worked jointly with The Energy & Resources Institute (TERI) and ONGC Energy Centre (OEC) to determine the viability of eCBM Microbial technology in the company’s Raniganj-East Block.
EOGEPL said the technique has undergone feasibility testing and at the same time, R&D efforts are underway for its full-field implementation.
eCBM Microbial stimulation has been finished in five wells of Raniganj-East Block.
Following a final design optimisation and three to six months of monitoring these wells, EOGEPL hopes to put the technique into practise on a broad scale to increase gas yield and strengthen reserves.
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By GlobalDataEOGEPL CEO Pankaj Kalra said: “The investment in Microbial eCBM technology demonstrates our commitment to increase production and reserves base. With this initiative, we aim to upsurge gas production while contributing towards our Hon. PM’s vision of becoming a ‘Gas-Based Economy’ in the next decade.”
Till now, EOGEPL has invested over Rs50bn ($609.18m) for exploration and commercial development of its Raniganj CBM Block.
The company intends to invest an additional Rs20bn ($243.67m) to bolster its reserve base and boost CBM output to make at least 5% of India’s total gas production.
