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RIL commences commercial production of Coal Bed Methane in Sohagpur

22 Apr 2017 Evaluate

Reliance Industries (RIL) has commenced commercial production from its Coal Bed Methane (CBM) block SP (West)-CBM-2001/1 from March 24, 2017 and is currently supplying CBM for commissioning the Shahdol Phulpur Pipeline (SHPPL). The production from the company’s Sohagpur CBM fields will gradually ramp-up in the next 15-18 months making RIL among the largest unconventional natural gas producers in India.

CBM is an environmental friendly natural gas extracted from coal-bed and has become an important source of unconventional gas in many parts of the world.

RIL was awarded the licence to explore two adjacent CBM blocks SP(West) and SP(East) with an area of 995 sq.km in the Round 1 of CBM block bidding by the Government of India in 2001.

Peers
Company Name CMP
Reliance Industries 1206.65
Indian Oil Corpn. 130.50
Bharat PetroleumCorp 297.00
HPCL 343.05
MRPL 182.85
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