Essar Energy, the India-focused integrated energy company, said that it has been granted phase III environmental clearance for its coal bed methane (CBM) gas field at Raniganj, West Bengal, allowing it to increase drilling to 650 wells. This environmental clearance allows the full field development of the Raniganj block, excluding forest area, and will [...]
CBM Asia Development Corp. said it has selected Netherland, Sewell and Associates, Inc. (NSAI) to audit some of the company’s additional coalbed methane resources in Indonesia. Based in Houston and Dallas, NSAI is a qualified reserves auditor with extensive experience in coalbed methane (CBM) resource auditing, having worked with most of the top operators in [...]
CBM Asia Development announced that Qualified Reserves Evaluator Netherland, Sewell & Associates, Inc. (NSAI) has completed its coalbed methane resource estimate for the Kutai West Production Sharing Contract (PSC) in East Kalimantan, Indonesia. NSAI’s latest appraisal concluded the following key findings under its Best Estimate (most likely case): 3,915 Bcf of gross unrisked prospective gas [...]
Sino Oil and Gas Holdings announced the commencement of sales of coalbed methane (CBM) on a designated Sanjiao—Senze CBM pipeline from its Sanjiao block in Shanxi Province. The Sanjiao project is jointly developed by Orion Energy International, the Group’s wholly-owned subsidiary, and its PRC partner, China National Petroleum Corporation. The pipeline was built and funded [...]
Sino Oil and Gas Holdings announced that piped sales of coalbed methane (CBM) from the Sanjiao block will soon commence. The project is jointly developed by Orion Energy International, the Group’s wholly-owned subsidiary, and its PRC partner, China National Petroleum Corporation. The Group targets to achieve daily CBM sales of not less than 100,000 cubic [...]
CBM Asia Development Corp. has selected Netherland, Sewell and Associates, Inc. (NSAI) to audit the Company’s net interest in coalbed methane resources at the Kutai West PSC in East Kalimantan. Based in Houston and Dallas, NSAI is a qualified reserves auditor with extensive experience in coalbed methane (CBM) resource auditing, having worked with most of [...]
Molopo Energy announced that PetroChina, the purchaser of Molopo’s Queensland assets, has requested a three week extension in order to confirm that the Chinese National Development and Reform Commission (NDRC) approves the transaction. PetroChina has confirmed that the reason for the delay is administrative and they are not aware of any circumstances that would result [...]
CBM Asia reported high final gas content values with excellent gas quality have been measured at the Kutai West Coalbed Methane Production Sharing Contract, located in East Kalimantan, Indonesia. Newton Energy Capital Limited operates the Kutai West CBM PSC, in which CBM Asia holds an 18% working interest. Contractor PT GeoServices measured the gas content [...]
CNOOC China entered into a deal with China United Coalbed Methane Corporation Limited (CUCBM) for exploration, development, production and sale of Coalbed Methane (CBM) and CBM products. The term of the Agreement commences on the Effective Date and expires on the later of 30 years from the Effective Date, and the end of the production [...]
Fortune Oil announced material progress relating to its Liulin Coal Bed Methane (CBM) business: Approval has been received from the Ministry of Commerce for the extension of the exploration period of the Production Sharing Contract for the Liulin CBM block for a further two years to 29 March 2014. The Compressed Natural Gas wholesale station [...]
