IB Valley CBM Block Exploration   
Project Code 6000005354
Project Name IB Valley CBM Block Exploration
Project Type Capital Project Status Active
Sector Oil & Gas Project Stage Planning
Project Cost Rs. 1,100.00 Cr.  Project Phase Clearances
NIC Subcode(s) Description
06202 Onshore Extraction Of Natural Gas
Facility Name IB Valley CBM Block Status Planning 
Sector Oil & Gas Main Energy Source Diesel  
Commissioning Date 12-2023  Other Energy Sources  
Address Essar Oil Limited, 11, Keshavrao Khadye Marg,
Mumbai, Maharashtra
400034, India
Telephone 022-66601100
Fax 022-66601809
Owner Essar Oil and Gas Exploration and Production Limited Essar Oil and Gas Exploration and Production Limited Website https://www.essar.com
Operator Essar Oil and Gas Exploration and Production Limited Essar Oil and Gas Exploration and Production Limited Website https://www.essar.com

Essar Oil Ltd (EOL) is planning the Exploration and Production of Coal Bed Methane (CBM) in the IB Valley CBM Block IB-CBM-2008/IV located in Sundargarh and Jharsuguda district of Odisha. EOL is proposing to drill 25 core holes, 3 test wells (Phase-I) and 20 pilot wells (Phase-II). Core holes will be drilled to know the geological formation of coal seams in the earth’s subsurface. All wells will be drilled up to the target depth of 2000 m. Surface facilities such as Gas Gathering Stations (GGS) will be set up for the collection of CBM gas. Pipeline of varying diameters from 4 to18 inches will be laid for gas transport from wells to GGS. CBM gas production of approximately 4000 m3 per day is anticipated from each production well. The application for Petroleum Exploration License has been submitted and awaiting approval from the Odisha government. Essar owned drilling rigs are going to be deployed for undertaking drilling activities. The equipment required for the project includes casing pipes, drilling pipes, drill bits, x-mass trees, blow out preventer, cementing services, mud engineering services, hydrofracturing services, CBM well completion and Artificial Lifting services. Further RFQs are expected shortly.

RFQ for the hiring of an EPC contractor for the construction of GGS and pipeline installation is expected by Q1:2019. RFQ for the hiring of equipment and services is expected by Q1:2019.

Expenditure Approval RFQ Date Release Date Start Date Completion Date Audit Date
Q1:2015 Q1:2019 Q1:2019 Apr/2020 Dec/2023 13/Dec/2019
Buy Fuel? Fuel Name Diesel
Name Project Role Designation Company City Phone Audit Date E-mail
Mr.Vilas S Tawde Owner Chief Executive Officer Essar Oil and Gas Exploration and Production Limited Essar Oil and Gas Exploration and Production Limited Mumbai 022 - 24950606 26/03/2020
Mr.Naresh Sharma Owner General Manager Essar Oil and Gas Exploration and Production Limited Essar Oil and Gas Exploration and Production Limited Gurgaon 0124 - 4093333 13/12/2019 Naresh.sharma@essar.com

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