India, Oct. 19 -- Oil India Limited (OIL) signed a Revenue Sharing Contract on October 15, 2026, for Special Coal Bed Methane (CBM) Block SR-ONHP-(CBM)-2026/1 in the Singrauli Coalfield region. Covering 272.14 sq. km, the block marks OIL's return to CBM exploration and supports efforts to unlock India's unconventional hydrocarbon resources.

Key Highlights

OIL signed the CBM block Revenue Sharing Contract on October 15, 2026. The Special CBM block covers 272.14 sq. km in the Singrauli Coalfield region. Geological prospects include coal seams at depths of approximately 600-800 metres, with average seam thickness of around 40 metres. The signing was attended by Petroleum Minister Hardeep Singh Puri and senior officials from the Ministry o...