Quarterly Result4 Nov 2025, 05:13 pm
Prabha Energy Ltd Commences Commercial Production of CBM Gas, Aims to Increase Gas Sale Volume
AI Summary
Prabha Energy Ltd, a leading exploration and production player in India, has commenced commercial production of Coal Bed Methane (CBM) Gas as a joint operator from the North Karanpura CBM Block. The company had to begin gas sale through cascades as a measure for early monetization due to ongoing connecting gas evacuation pipeline work. Once the pipeline is completed, the gas sale volume is expected to increase significantly. This achievement marks a significant step in the company's journey towards monetizing its gas reserves and strengthening its position in India's unconventional sector, contributing to the country's energy security.
Key Highlights
- Prabha Energy Ltd commences commercial production of CBM Gas
- Company is a joint operator in the North Karanpura CBM Block
- Gas sale through cascades initiated due to ongoing pipeline work
- Significant increase in gas sale volume expected upon pipeline completion
- Achievement marks a step towards monetizing gas reserves and contributing to energy security