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Oil India signs revenue sharing contract for special CBM block

19 Oct 2026 Evaluate

Oil India has signed Revenue Sharing Contract (RSC) for Special Coal Bed Methane (CBM) Block SRONHP-(CBM)-2026/1 on October 15, 2026, marking a significant milestone in its strategic energy diversification journey.  Spread across 272.14 sq. km in the Singrauli Coalfield region, the Special CBM Block SR-ONHP-(CBM)-2026/1 exhibits promising geological prospects, with expected coal seam depths of 600- 800 metres and an average seam thickness of around 40 metres.

Oil India is engaged in exploration, development and production of crude oil, natural gas, LPG and condensate and providing services such as pipeline transportation and generation of renewable energy.


Peers
Company Name CMP
ONGC 226.00
Oil India 446.10
Jindal Drilling&Inds 516.50
Deep Industries 674.10
Asian Energy Service 400.30
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