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Selan Exploration Technology

Full company profile

uuid00067ki

Namestring
Selan Exploration Technology
Legal namestring
Selan Exploration Technology Limited
Websiteurl
selanoil.com
Company typeenum
Public
Founded yearint
1985
Operating statusenum
Operating
Ownership categoryenum
Headcount rangeband
51–100
akta.pro rankint
HeadquartersGandhinagar, India
HQ citystring
Gandhinagar
HQ countrystring
India
HQ regionstring
Asia
Markets served

Serves global market

Keyword5 values
oil and gas exploration, hydrocarbon production, upstream energy services, offshore oilfields, natural gas extraction
Industry3 codes
1Drilling & Well Construction (E&P Operator-led)
CodeEUALAAADPrimaryYes
2Production Operations & Well Optimization (Artificial Lift, Flow Assurance)
CodeEUALAAAFPrimaryNo
3Onshore Natural Gas E&P (Conventional Fields)
CodeEUAAAAAGPrimaryNo
NAICS code3 codes
  • Oil and Gas Extraction2111
  • Natural Gas Extraction21113
  • Crude Petroleum Extraction21112
SIC code2 codes
  • Crude Petroleum & Natural Gas1311
  • Oil & Gas Field Exploration Services1382
Product category
Oil and Gas Exploration and Production
Revenue model1 record
1Oil and Gas Production
TypeTransaction Fee
Description

Revenue generated from exploration, extraction, and sale of oil and gas products across multiple contract areas in India

economictimes.indiatimes.com
Marketing channels3 records

Each record includes

Title, Type, Stage, Description, Source

Distribution channels1 record

Each record includes

Title, Type, Scope, Target buyer, Description, Source

Cost components5 values
Operations, Personnel, Supply Chain, Infrastructure, Technology or R&D
GTM typeB2B
B2B
Offering typeServices
Services
Core offering1 text field

Selan Exploration Technology is an oil and gas exploration and production company that operates a diversified portfolio of nine oil and gas contract areas across India's key hydrocarbon basins, including Cambay, Mumbai Offshore, Mahanadi, Assam, and KG basins (both offshore and onshore fields). The company extracts, develops, and sells crude oil and natural gas to refineries, petrochemical plants, and energy traders in India under Production Sharing Contract arrangements.

Differentiator
Functional benefit
Problem solved
Quantifiable outcome1 of 2 values shown
  • Significant increase in production from legacy assets
+1 more record
Product overview1 text field

Selan Exploration Technology is an oil and gas exploration and production company that operates a diversified portfolio of nine oil and gas contract areas across India's key hydrocarbon basins, including Cambay, Mumbai Offshore, Mahanadi, Assam, and KG basins. The company was formerly known as Selan Exploration Technology Limited and has since amalgamated with Antelopus Energy Private Limited to become Antelopus Selan Energy Limited. Its core business encompasses exploration, development, and production of oil and gas across both offshore and onshore fields, with operational assets including Bakrol, Lohar, Karjisan, Cambay, Elao fields, and contract areas in KG Onshore, Assam Onshore, Mumbai Offshore, and Mahanadi Offshore regions.

Product and service9 records
1Bakrol Field Operations
CategoryOperational Asset
Description

Oil and gas production operations at the Bakrol field located in Gujarat, part of the Cambay basin, operated under Production Sharing Contract arrangements.

2Lohar Field Operations
CategoryOperational Asset
Description

Oil and gas production operations at the Lohar field in Gujarat, part of the company's upstream portfolio.

3Karjisan Field Operations
CategoryOperational Asset
Description

Oil and gas production operations at the Karjisan field in Gujarat, contributing to the company's diversified upstream portfolio.

4Cambay Field Operations
CategoryOperational Asset
Description

Oil and gas production operations in the Cambay basin, Gujarat, covered by the Cambay PSC arrangement.

5Elao Field Operations
CategoryOperational Asset
Description

Oil and gas production operations at the Elao field, part of the company's upstream hydrocarbon portfolio.

6Dangeru & Mukkamala Contract Area (KG Onshore)
CategoryOperational Asset
Description

Oil and gas contract area located in the Krishna-Godavari (KG) onshore basin.

7Duarmara Field Contract Area (Assam Onshore)
CategoryOperational Asset
Description

Oil and gas contract area located in the Assam onshore basin.

8D 31 Contract Area (Mumbai Offshore)
CategoryOperational Asset
Description

Oil and gas contract area located in the Mumbai Offshore region.

9D 11 Contract Area (Mahanadi Offshore)
CategoryOperational Asset
Description

Oil and gas contract area located in the Mahanadi Offshore basin.

Scale indicator5 records

Each record includes

Type, Value, Description, Source

Recent move7 records

Each record includes

Date, Type, Title, Description, Source

Expansion highlight4 records

Each record includes

Type, Description

Peers9 records
1Hindustan Oil Exploration Company (HOEC)
TypeDirect peer
Description

Small/mid-cap publicly listed Indian upstream E&P operator focused on onshore oil and gas production across Indian basins. Closely comparable to Selan in scale, pure-play upstream business model, and PSC-driven operating footprint.

2Oil India Limited
TypeDirect peer
Description

Indian state-linked upstream E&P company producing crude oil and natural gas across onshore and offshore basins. Directly comparable as an Indian PSC operator with a diversified hydrocarbon asset base.

3Cairn Oil & Gas (Vedanta)
TypeDirect peer
Description

Vedanta's upstream E&P subsidiary and one of India's largest private sector crude oil producers, operating Rajasthan and other Indian fields. Comparable business model (Indian PSC operator producing crude oil and natural gas for domestic market).

4ONGC (Oil and Natural Gas Corporation)
TypeBroad incumbent
Description

India's largest national oil and gas company operating extensive upstream assets across Indian basins. Overlaps with Selan's PSC-based upstream model but operates at vastly larger scale and across the full value chain.

5Reliance Industries (E&P arm)
TypeBroad incumbent
Description

Operates the KG-D6 deepwater gas block and other Indian upstream assets. Directly competes in Indian offshore gas exploration/production but is a diversified conglomerate rather than pure-play E&P.

6Bharat PetroResources (BPRL)
TypeDirect peer
Description

E&P arm of BPCL with Indian and overseas upstream assets. Comparable as a PSC operator producing hydrocarbons for the Indian market, though larger and integrated with downstream refining.

7Essar Oil and Gas Exploration and Production (EOGEPL)
TypeDirect peer
Description

Indian upstream E&P operator focused on coal bed methane and conventional hydrocarbon production. Comparable business model targeting Indian unconventional and conventional gas resources.

8Indian Oil Corporation
TypeBroad incumbent
Description

Major Indian integrated oil company with upstream E&P operations alongside dominant refining/marketing. Comparable upstream business line but operates at far greater scale across the energy value chain.

9GAIL (India) Limited
TypeOthers
Description

India's largest natural gas transmission and marketing company. Adjacent rather than directly competitive: GAIL is downstream of upstream producers like Selan, often acting as the offtake customer for gas production.

Market position
Strengths5 records

Each record includes

Headline, Details, Source

Weaknesses5 records

Each record includes

Headline, Details, Source

Competitive moat3 records

Each record includes

Type, Details

Key risks6 records

Each record includes

Headline, Details, Source

Key highlights7 records

Each record includes

Headline, Details, Source

Customer concentration

Classification, Details

Segment1 record

Each record includes

Title, Type, Primary, Description, Pain point addressed, Use case, Source

Ideal customer profile1 record

Each record includes

Profile, Firmographic size, Sales motion, Sales cycle length, Buying structure, Purchase trigger, Buyer persona, Geography, Industry vertical, Primary use case, Description, Pain points, Evidence proof points, Target buyer

Technology focused
No
API detail
Has APIbool
No

Docs URL, Description

AI maturity
App detail

Has app

Core technology
Revenue estimate
Valuation estimate
Number of profiles
Profiles1 record

Each record includes

Name, Designation, Designation category, Overview, Profile commentary, Source

No data
No data
Funding overview

Funding stage, Last funding date, Total funding USD

Funding rounds1 record

Each record includes

Round, Amount USD, Date, Pre money valuation, Total investors, Investors, News

Investors1 record

Each record includes

Name, Type, Date of entry, Rounds participated, Website

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Each record includes

Name, Acquisition type, Announced date, Completed date, Status, Website, News

Investment

Each record includes

Name, Round, Announced date, Lead investor, Website, News

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Selan Exploration Technology

Oil and Gas Exploration and Productionselanoil.com

Selan Exploration Technology firmographics

Firmographics
Name
Selan Exploration Technology
Legal name
Selan Exploration Technology Limited
Website
https://selanoil.com
Company type
Public
Founded year
1985
Operating status
Operating
Headcount range
51–100 employees
Ownership category
akta.pro rank

Selan Exploration Technology industry classification

Industry
Product category
Oil and Gas Exploration and Production
NAICS
Oil and Gas Extraction (2111), Natural Gas Extraction (21113), Crude Petroleum Extraction (21112)
SIC
Crude Petroleum & Natural Gas (1311), Oil & Gas Field Exploration Services (1382)
akta.pro primary industry
Drilling & Well Construction (E&P Operator-led) (EUALAAAD)
akta.pro secondary industries
Production Operations & Well Optimization (Artificial Lift, Flow Assurance) (EUALAAAF), Onshore Natural Gas E&P (Conventional Fields) (EUAAAAAG)

Keywords

  • Oil and gas exploration
  • Hydrocarbon production
  • Upstream energy services
  • Offshore oilfields
  • Natural gas extraction

Where Selan Exploration Technology is headquartered

Location

Headquarters

HQ city
Gandhinagar
HQ country
India
HQ region
Asia

Markets served

Selan Exploration Technology business model

Business model
GTM type
B2B
Offering type
Services
Cost components
Operations, Personnel, Supply Chain, Infrastructure, Technology or R&D

Revenue model

  1. Oil and Gas Production: Revenue generated from exploration, extraction, and sale of oil and gas products across multiple contract areas in India

Distribution channels1 record

Marketing channels3 records

Selan Exploration Technology product offering

Product offering

Core offering

Selan Exploration Technology is an oil and gas exploration and production company that operates a diversified portfolio of nine oil and gas contract areas across India's key hydrocarbon basins, including Cambay, Mumbai Offshore, Mahanadi, Assam, and KG basins (both offshore and onshore fields). The company extracts, develops, and sells crude oil and natural gas to refineries, petrochemical plants, and energy traders in India under Production Sharing Contract arrangements.

Product overview

Selan Exploration Technology is an oil and gas exploration and production company that operates a diversified portfolio of nine oil and gas contract areas across India's key hydrocarbon basins, including Cambay, Mumbai Offshore, Mahanadi, Assam, and KG basins. The company was formerly known as Selan Exploration Technology Limited and has since amalgamated with Antelopus Energy Private Limited to become Antelopus Selan Energy Limited. Its core business encompasses exploration, development, and production of oil and gas across both offshore and onshore fields, with operational assets including Bakrol, Lohar, Karjisan, Cambay, Elao fields, and contract areas in KG Onshore, Assam Onshore, Mumbai Offshore, and Mahanadi Offshore regions.

Differentiator

Problem solved

Functional benefit

Products and services

  • Bakrol Field Operations Oil and gas production operations at the Bakrol field located in Gujarat, part of the Cambay basin, operated under Production Sharing Contract arrangements.
  • Lohar Field Operations Oil and gas production operations at the Lohar field in Gujarat, part of the company's upstream portfolio.
  • Karjisan Field Operations Oil and gas production operations at the Karjisan field in Gujarat, contributing to the company's diversified upstream portfolio.
  • Cambay Field Operations Oil and gas production operations in the Cambay basin, Gujarat, covered by the Cambay PSC arrangement.
  • Elao Field Operations Oil and gas production operations at the Elao field, part of the company's upstream hydrocarbon portfolio.
  • Dangeru & Mukkamala Contract Area (KG Onshore) Oil and gas contract area located in the Krishna-Godavari (KG) onshore basin.
  • Duarmara Field Contract Area (Assam Onshore) Oil and gas contract area located in the Assam onshore basin.
  • D 31 Contract Area (Mumbai Offshore) Oil and gas contract area located in the Mumbai Offshore region.
  • D 11 Contract Area (Mahanadi Offshore) Oil and gas contract area located in the Mahanadi Offshore basin.

Quantifiable outcome

  • Significant increase in production from legacy assets
  • +1 more outcomes

Companies that use Selan Exploration Technology

Customer profile

Segments1 record

Ideal customer profiles1 record

Selan Exploration Technology technology and API

Technology

Technology focussed No

API detail

Has API
No
API docs
API detail

Core technology

AI maturity

App detail

Selan Exploration Technology partnerships and signals

Strategic signal

Scale indicators5 records

Recent moves7 records

Expansion highlights4 records

Selan Exploration Technology competitors and assessment

Company assessment

Direct peers

  • Hindustan Oil Exploration Company (HOEC): Small/mid-cap publicly listed Indian upstream E&P operator focused on onshore oil and gas production across Indian basins. Closely comparable to Selan in scale, pure-play upstream business model, and PSC-driven operating footprint.
  • Oil India Limited: Indian state-linked upstream E&P company producing crude oil and natural gas across onshore and offshore basins. Directly comparable as an Indian PSC operator with a diversified hydrocarbon asset base.
  • Cairn Oil & Gas (Vedanta): Vedanta's upstream E&P subsidiary and one of India's largest private sector crude oil producers, operating Rajasthan and other Indian fields. Comparable business model (Indian PSC operator producing crude oil and natural gas for domestic market).
  • Bharat PetroResources (BPRL): E&P arm of BPCL with Indian and overseas upstream assets. Comparable as a PSC operator producing hydrocarbons for the Indian market, though larger and integrated with downstream refining.
  • Essar Oil and Gas Exploration and Production (EOGEPL): Indian upstream E&P operator focused on coal bed methane and conventional hydrocarbon production. Comparable business model targeting Indian unconventional and conventional gas resources.

Broad incumbents

  • ONGC (Oil and Natural Gas Corporation): India's largest national oil and gas company operating extensive upstream assets across Indian basins. Overlaps with Selan's PSC-based upstream model but operates at vastly larger scale and across the full value chain.
  • Reliance Industries (E&P arm): Operates the KG-D6 deepwater gas block and other Indian upstream assets. Directly competes in Indian offshore gas exploration/production but is a diversified conglomerate rather than pure-play E&P.
  • Indian Oil Corporation: Major Indian integrated oil company with upstream E&P operations alongside dominant refining/marketing. Comparable upstream business line but operates at far greater scale across the energy value chain.

Others

  • GAIL (India) Limited: India's largest natural gas transmission and marketing company. Adjacent rather than directly competitive: GAIL is downstream of upstream producers like Selan, often acting as the offtake customer for gas production.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat3 records

Key risks6 records

Key highlights7 records

Customer concentration

Selan Exploration Technology social profiles

Digital presence

Selan Exploration Technology financial estimates

Financial estimate

Revenue estimate

Valuation estimate

Selan Exploration Technology leadership team

Management profile

Number of profiles

Profiles1 record

Selan Exploration Technology funding detail

Funding detail

Funding overview

Funding rounds1 record

Investors1 record

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

Selan Exploration Technology M&A and investment

M&A and investment

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Selan Exploration Technology

What does Selan Exploration Technology do?

Selan Exploration Technology is an oil and gas exploration and production company that operates a diversified portfolio of nine oil and gas contract areas across India's key hydrocarbon basins, including Cambay, Mumbai Offshore, Mahanadi, Assam, and KG basins (both offshore and onshore fields). The company extracts, develops, and sells crude oil and natural gas to refineries, petrochemical plants, and energy traders in India under Production Sharing Contract arrangements.

Is Selan Exploration Technology a public or private company?

Selan Exploration Technology is a public company. It is classified as public and is currently operating.

When was Selan Exploration Technology founded?

Selan Exploration Technology was founded in 1985. It employs 51 to 100 people.

Where is Selan Exploration Technology based?

Selan Exploration Technology is headquartered in Gandhinagar, India, in the Asia region.

How does Selan Exploration Technology make money?

One revenue line is on record: oil and Gas Production.

Who are Selan Exploration Technology's main competitors?

Direct peers on record are Hindustan Oil Exploration Company (HOEC), Oil India Limited, Cairn Oil & Gas (Vedanta), Bharat PetroResources (BPRL) and Essar Oil and Gas Exploration and Production (EOGEPL). Broad incumbents are ONGC (Oil and Natural Gas Corporation), Reliance Industries (E&P arm) and Indian Oil Corporation. GAIL (India) Limited is listed as an others.

Does Selan Exploration Technology have an API?

No public API is recorded for Selan Exploration Technology.

What industry is Selan Exploration Technology in?

Selan Exploration Technology's product category is Oil and Gas Exploration and Production. Its primary akta.pro industry code is EUALAAAD, Drilling & Well Construction (E&P Operator-led), with a secondary code of EUALAAAF, Production Operations & Well Optimization (Artificial Lift, Flow Assurance). Its NAICS code is 2111 and its SIC code is 1311.

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Live signals
The Times of IndiaSelan Expl Tech Share Price Today, Selan Expl Tech Stock Price Live NSESelan Expl Tech (Antelopus Selan Energy Ltd.), a Small Cap oil and gas exploration company listed on the NSE with a market capitalization of Rs 1,863.96 Crore, reported standalone total income of Rs 73.02 Crore for the quarter ended December 31, 2025, representing a 27.10% increase from the previous quarter and a 7.21% increase year-over-year, with net profit after tax of Rs 28.50 Crore for the same period.Morningstar Financial ResearchIN BRIEF: Synergia Energy secures more funding from Indian governmentSynergia Energy, an Australian oil and gas company based in West Perth, has agreed to a further short-term loan from the Indian government while awaiting the sale of 50% of its Cambay production sharing contract to Selan Exploration Technology Ltd. The company will receive USD2.5 million from Selan pending government approval, plus GBP400,000 from investors to reduce equity dilution, with the loan to be repaid after the Cambay sale.TipranksSynergia Energy Secures Bridge Loan Ahead of Major DealSynergia Energy Ltd secured a GBP400,000 bridge loan from existing investors to cover working capital needs while awaiting regulatory approval for a major transaction. The deal involves transferring 50% of its Cambay PSC block to Selan Exploration Technology Limited in exchange for a USD 2.5 million payment upon Government of India approval. Synergia intends to use these proceeds to repay the loan, thereby minimizing shareholder equity dilution.MintSelan Exploration shares jump 23% in 2 days as Antelopus Energy buys stake | Stock Market NewsSelan Exploration shares surged approximately 23% over two trading sessions after Antelopus Energy, acting in concert with Blackbuck Energy Investments Limited, agreed to acquire a 21% stake at ₹200 per share. The transaction involves the purchase of up to 38.15 million equity shares and triggers a mandatory open offer for an additional 26% of voting capital under SEBI takeover regulations. This strategic investment by Blackbuck and its associate has driven significant immediate gains for Selan Exploration's stock price.The Times of Indiaoil companies: Oak Tree-backed Antelopus to buy controlling stake in Selan Explorations - The Economic TimesAntelopus Energy, backed by Oaktree Capital and ICE Canyon Capital, has agreed to acquire a 21% stake in Selan Explorations through its holding entity Blackbuck Energy Investments. The acquisition involves buying shares from existing promoters at Rs 200 apiece, alongside an open offer to purchase up to 26% of the company from public shareholders. This transaction aims to combine Antelopus's operational expertise with Selan's established hydrocarbon assets in Gujarat's Cambay Basin.