India's Hydrocarbon Outlook Report - 2023-2024

India’s Hydrocarbon Outlook 2024 174 A Report on Exploration & Production Activities 2. Unconventional hydrocarbons for energy security and economic growth 2.1 Energy Security India is in energy transition towards a gasbased economy, aiming to increase the share of natural gas to 15% in its energy mix by 2030. In this context, the contribution of unconventional hydrocarbons is crucial to achieving this goal. Coal Bed Methane (CBM): India has established CBM in-place with commercially producing deposits. The development of these resources can substantially augment domestic gas supplies. Sl. No. STATE Total GIIP (BCM) Total GIIP (TCF) Discovered (TCF) 1 Jharkhand 722.08 25.5 1.99 2 Rajasthan 359.62 12.7 0 3 Gujarat 351.13 12.4 0 4 Odisha 243.52 8.6 0 5 Chhattisgarh 240.69 8.5 0 6 Madhya Pradesh 218.04 7.7 3.64 7 West Bengal 218.04 7.7 4.85 8 Tamil Nadu 104.77 3.7 0 9 Telangana & Andhra Pradesh 99.11 3.5 0 10 Maharashtra 33.98 1.2 0 11 Northeast 8.50 0.3 0 Total 2,599.48 91.8 10.48 Table 7.1: State wise distribution of CBM Resources in India Note: GIIP: Gas Initially In-place, Conversion factor: 1 cubic meter = 35.3147 cubic feet

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