Essar Oil & Gas bags five CBM blocks with 6.6 TCF resources
Essar Oil & Gas has been awarded five new coal bed methane (CBM) blocks across West Bengal, Madhya Pradesh, and Telangana, adding 1,281 square kilometers to its exploration portfolio. These blocks contain an estimated 6.6 trillion cubic feet of gas-in-place, marking a significant expansion of the company's unconventional gas operations in India.
Why it matters
The acquisition supports India's strategic goal of increasing domestic natural gas production to reduce import dependency and tap into the country's vast unconventional energy reserves.
Essar Oil & Gas bags five CBM blocks with 6.6 TCF resources left Union Petroleum Minister Hardeep Singh Puri with Essar Oil and Gas officials announcing five CBM blocks Special Arrangement Special Arrangement https://th-i.thgim.com/public/news/national/98gj9o/article71588079.ece/alternates/FREE_1200/WhatsApp%20Image%202026-10-15%20at%205.25.31%20PM.jpeg India has an estimated CBM resource base of 2,600 billion cubic metres, with significant potential to boost domestic production. NEW DELHI Privately owned Essar Oil & Gas Ltd has secured five coal bed methane (CBM) blocks under the government’s bidding rounds of 2025 and 2026, adding 1,281 sq km of acreage across West Bengal, Madhya Pradesh and Telangana. The blocks hold an estimated 6.6 trillion cubic feet (TCF) of gas-in-place resources, strengthening the company’s presence in India’s unconventional gas sector. Essar has secured two blocks each in West Bengal’s Raniganj and Telangana’s Godavari Valley, and one in Madhya Pradesh’s Singrauli.
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