Raniganj North (CBM) is a cbm development located onshore India and is operated by Oil and Natural Gas. Raniganj North (CBM) lies in block Raniganj North (CBM).

The project is currently in approval stage and is expected to start commercial production in 2022.

Field participation details

The field is owned by Oil and Natural Gas and Coal India.

Production from Raniganj North (CBM)

Production from the Raniganj North (CBM) cbm development project is expected to begin in 2022 and is forecast to peak in 2027, to approximately 13 Mmcfd of natural gas. Based on economic assumptions, the production will continue until the field reaches its economic limit in 2064.

Remaining recoverable reserves

The field is expected to recover 13.25 Mmboe, comprised of 79.52 bcf of natural gas reserves.

About Oil and Natural Gas

Oil and Natural Gas Corp Ltd (ONGC) is an integrated energy company operating along the hydrocarbon value chain. It discovers, produces, refines and markets oil and gas, and also manufactures petrochemicals. ONGC also carries out power generation and has considerable renewable energy operations. The company carries out refining operations through Mangalore Refinery and Petrochemicals Ltd and Hindustan Petroleum Corporation Ltd. It sells products to oil refining and gas marketing companies. In addition, the company conducts overseas operations through its subsidiary, ONGC Videsh Ltd (OVL). It has operations in Latin America, the Middle East and Africa, Asia-Pacific, and Europe. ONGC is headquartered in New Delhi, India.

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Methodology

Information on the field is sourced from GlobalData’s fields database that provides detailed information on all producing, announced and planned oil and gas fields globally. Not all companies mentioned in the article may be currently existing due to their merger or acquisition or business closure.