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Essar Oil & Gas gets environment clearance to begin shale gas exploration

Gasoil News - Published on Thu, 07 Mar 2019

Image Source: essar.com
PTI quoted an official as saying that Essar Oil & Gas Exploration and Production has received environment clearance for exploring shale gas reserves in its Raniganj block in West Bengal. This follows the government's decision to allow operators freedom to explore both conventional oil and natural gas as well as non-conventional sources like coal-bed methane (CBM) and shale reserves within a exploration acreage.

Previously, companies could explore only oil and natural gas or CBM depending on their licence for the block.

The official said the expert appraisal committee (EAC) in January 29 meeting allowed Essar to drill 20 wells to explore shale gas in its Raniganj CBM block. It has been awarded an exploration lease for shale gas, CBM and hydrocarbons in the Raniganj block.

EOGPL has got approval to drill 20 shale wells at a cost of Rs 10 crore. To start with, it will drill five wells in the block to test the shale potential.

Source :

Posted By : Rabi Wangkhem on Thu, 07 Mar 2019
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