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EOGEPL Raniganj CBM Expansion and International Acquisitions

Sector: Oil and Gas • Location: Raniganj, West Bengal, India

Source: Upstream Online

Project
Planned

EOGEPL, India's largest coalbed methane operator, plans a major production increase targeting a portfolio of 100,000 barrels of oil equivalent per day over the next four to five years. The company is starting the third phase of capital expenditure at the Raniganj CBM asset in West Bengal, aiming to increase production from 6,000 boepd to 20,000 boepd, with potential further increases from shale ga

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The project “EOGEPL Raniganj CBM Expansion and International Acquisitions” is an infrastructure initiative in the Oil and Gas sector, located in Raniganj, West Bengal, India. Taiyo aggregates data on it from Upstream Online.

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planned

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Description

Description

EOGEPL, India's largest coalbed methane operator, plans a major production increase targeting a portfolio of 100,000 barrels of oil equivalent per day over the next four to five years. The company is starting the third phase of capital expenditure at the Raniganj CBM asset in West Bengal, aiming to increase production from 6,000 boepd to 20,000 boepd, with potential further increases from shale gas development. EOGEPL is also exploring acquisitions in Australia, Indonesia, and Africa, focusing on conventional and unconventional assets, excluding exploration assets. Additionally, EOGEPL holds a 45% stake in Vietnam's Block 114, which is in the appraisal phase and could significantly boost production.

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