Essar Oil has got phase III environmental clearances for CBM field at Raniganj

Essar Oil announced that it has got phase III environmental clearances for coal bed methane (CBM) gas field at Raniganj in West Bengal, allowing it to increase drilling to 650 wells from 135 now.

This clearance will enable Essar Oil to increase production to the targeted level of around 3 million standard cubic metres of gas per day (scmd), up from around 60,000scmd currently.