RIL develops 100 bn cm of CBM reserves
Reliance Industries Ltd. (RIL) has established over 100 bn cm of gas reserves in a coal block in Madhya Pradesh,
Petroleum Minister Murli Deora said.
Reliance has established 47.32 bn cm of coal bed methane (CBM) reserves in its Sohagpur East block and another 54.88
bn cm reserves in Sohagpur West block. For both the blocks, Reliance is making development plan, he said in a written
reply to a question in the Rajya Sahba.
SP(E)-CBM-2001/1 and SP(W)-CBM-2001/1 blocks were awarded to Reliance in the first round of auction for CBM blocks.
Great Eastern Energy has established 38.78 bn cm of reserves in its Raniganj South CBM block and is currently
producing gas at the rate of 68,000 cmpd.
Besides, Oil and Natural Gas Corp (ONGC) and its partner Indian Oil Corp (IOC) have established 33.60 bn cm of CBM
reserves in Bokaro block and are in the process of preparing development plan, he said.
The government, he said, has so far awarded 26 CBM blocks in three bid rounds.
The remaining blocksare under exploration stage.
