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Business
Essar Oil & Gas Secures Five CBM Blocks in Telangana with 6.6 TCF Gas Estimate
✍️ Moneycontrol.com
🗓 16 Oct 2026, 03:32 AM
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Essar Oil & Gas has been awarded five coal‑bed methane blocks in Telangana, estimated to contain 6.6 trillion cubic feet of gas.
Essar Oil & Gas announced that it has secured rights to develop five coal‑bed methane (CBM) blocks in the southern state of Telangana. The allocation adds a significant new dimension to the company's upstream portfolio.
The five blocks are collectively estimated to hold around 6.6 trillion cubic feet (TCF) of natural gas, a volume that could bolster domestic gas supplies if brought to production.
Entry into Telangana marks the company's first foray into the state's CBM sector, aligning with broader industry efforts to tap unconventional gas resources across India.
Analysts note that the addition could enhance Essar's long‑term revenue outlook, while also supporting regional energy security and potential industrial growth in Telangana.
The five blocks are collectively estimated to hold around 6.6 trillion cubic feet (TCF) of natural gas, a volume that could bolster domestic gas supplies if brought to production.
Entry into Telangana marks the company's first foray into the state's CBM sector, aligning with broader industry efforts to tap unconventional gas resources across India.
Analysts note that the addition could enhance Essar's long‑term revenue outlook, while also supporting regional energy security and potential industrial growth in Telangana.