Gujarat Natural Resources
- Company typePublic
- Founded2001
- HeadquartersAhmedabad, India
- Headcount1–10
- GTM typeB2B
- OfferingHardware or Manufacturing
Gujarat Natural Resources firmographics
Firmographics- Name
- Gujarat Natural Resources
- Legal name
- Gujarat Natural Resources Limited
- Website
- https://gnrl.in
- Company type
- Public
- Founded year
- 2001
- Operating status
- Operating
- Headcount range
- 1–10 employees
- Ownership category
- akta.pro rank
Gujarat Natural Resources industry classification
Industry- Product category
- Upstream Oil & Gas Production
- NAICS
- Natural Gas Extraction (211130), Crude Petroleum Extraction (21112)
- SIC
- Crude Petroleum & Natural Gas (1311)
- akta.pro primary industry
- Onshore Natural Gas E&P (Conventional Fields) (EUAAAAAG)
- akta.pro secondary industries
- Unconventional Resources Development (Shale/Tight, CBM) (EUALAAAH), Conventional Natural Gas Exploration & Production (Dry Gas) (EUAAAAAA)
Keywords
Where Gujarat Natural Resources is headquartered
LocationHeadquarters
- HQ city
- Ahmedabad
- HQ country
- India
- HQ region
- Asia
Offices1 record
Markets served
Gujarat Natural Resources business model
Business model- GTM type
- B2B
- Offering type
- Hardware or Manufacturing
- Cost components
- Operations, Supply Chain, Personnel, Technology or R&D, Infrastructure, Marketing or Sales
Revenue model
- Oil and Gas Production Sales: Revenue generated from the sale of crude oil and natural gas produced from 6 producing blocks in Cambay basin through the step-down subsidiary GNRL Oil & Gas Limited
- Technical Consultancy Services: Technical advisory services provided to subsidiaries and other clients in Cambay basin through exclusive agreement with Ajapa Integrated Project Management Consultancy Private Limited for well engineering and drilling project management
Go-to-market motion1 record
Distribution channels1 record
Marketing channels3 records
Gujarat Natural Resources product offering
Product offeringCore offering
Gujarat Natural Resources Limited is an upstream oil and gas company engaged in the exploration, development, and production of crude oil and natural gas from Cambay Basin assets in Gujarat, India, through its wholly-owned subsidiary GNRL Oil & Gas Limited. It operates six producing fields (Kanawara, North Kathana, Allora, Dholasan, North Balol, and Unawa) and additionally offers petroleum industry consultancy services covering field operations, reservoir management, and production optimization.
Product overview
Gujarat Natural Resources Limited (GNRL) is an upstream oil and gas company operating through its step-down subsidiary GNRL Oil & Gas Limited. The company manages 6 producing blocks in the Cambay basin with participating interests ranging from 30% to 100%, including Kanawara (30%, JV with GSPC), North Kathana (100%), Allora (100%), Dholasan (100%), North Balol (30%, JV with HOEC and GSPC), and Unawa (100%). GNRL also provides technical consultancy services including well engineering and drilling project management through partnerships with specialized service providers.
Differentiator
Problem solved
Functional benefit
Products and services
- Kanawara Field Production
Quantifiable outcome
- 600% oil production increment and 300% gas production increment from new wells at Kanawara field
- +2 more outcomes
Companies that use Gujarat Natural Resources
Customer profileSegments1 record
Ideal customer profiles2 records
Gujarat Natural Resources technology and API
TechnologyAPI detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature3 records
Gujarat Natural Resources partnerships and signals
Strategic signalPartnerships
Two partnerships are on record, tiered core.
- Gujarat State Petroleum Corporation Limited (GSPC)coreGSPC is the primary joint venture partner for several blocks. In Kanawara, GSPC holds 70% participating interest while GNRL Oil & Gas operates. GSPC previously held interests in North Kathana, Allora, Dholasan, Unawa, and North Balol (45%) blocks, with PI assigned to GOGL through PSC amendments in August 2021. GSPC has been a long-standing partner since PSC signing in 2001.
- Hindustan Oil Exploration Company (HOEC)coreHOEC is the operator for the North Balol block with 25% participating interest, alongside GSPC (45%) and GNRL Oil & Gas (30%). HOEC brings exploration and production expertise to the joint venture for gas field development in North Balol covering 27.3 sq.km area.
Scale indicators7 records
Recent moves9 records
Expansion highlights4 records
Gujarat Natural Resources competitors and assessment
Company assessmentBroad incumbents
- ONGC (Oil and Natural Gas Corporation): ONGC is India's dominant national upstream E&P company. It is comparable as a broad incumbent in the same upstream oil and gas category, with overlapping regulatory framework (PSC/DGH) but vastly larger asset base and capital.
- Oil India Limited: Oil India is a large Indian PSU engaged in upstream E&P of crude oil and natural gas domestically. It is comparable as a broader incumbent in the same upstream category, though at significantly larger scale than GNRL.
- Cairn Oil & Gas (Vedanta): Cairn (a Vedanta group company) is one of India's largest private-sector upstream oil and gas producers. It is comparable as a broad incumbent in Indian upstream E&P, with overlap in domestic production strategy and PSC operating context.
- Aban Offshore: Aban Offshore operates offshore drilling and production assets serving Indian E&P operators. It is comparable as a broader Indian upstream-services incumbent, though focused offshore rather than the onshore Cambay basin where GNRL operates.
Direct peers
- Selan Exploration Technology: Selan is a small-cap Indian upstream company that acquires, develops, and produces from marginal/stranded onshore fields using EOR techniques — almost identical in business model, asset strategy, and technology profile to GNRL.
- Gujarat State Petroleum Corporation (GSPC): GSPC is GNRL's long-standing JV partner (70% in Kanawara, 45% legacy in North Balol) and an Indian state upstream player operating in the same Cambay basin. It is directly comparable as a domestic Indian E&P operator with overlapping acreage.
- Hindustan Oil Exploration Company (HOEC): HOEC is a listed Indian upstream E&P company and is GNRL's JV partner and operator of the North Balol block. It is directly comparable as a small/mid-cap onshore Indian operator focused on producing and redeveloping mature hydrocarbon fields.
Emerging players
- Asian Oilfield Services: Asian Oilfield Services provides geophysical, drilling, and production services to Indian and international E&P operators. It is comparable as a small-cap Indian upstream-services peer that benefits from the same drilling/EOR capex cycle as GNRL.
- Jindal Drilling and Industries: Jindal Drilling provides onshore/offshore drilling services to Indian upstream operators including those in the Cambay basin region. It is comparable as a domestic player exposed to the same upstream activity ecosystem, though positioned as a service provider rather than operator.
Others
- Confidence Petroleum India: Confidence Petroleum is an Indian downstream natural gas player (CNG, LPG, CGD). It is comparable only thematically as an India-focused natural gas company with exposure to gas demand growth that GNRL's gas production ultimately feeds into.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat3 records
Key risks6 records
Key highlights6 records
Customer concentration
Gujarat Natural Resources social profiles
Digital presenceGujarat Natural Resources financial estimates
Financial estimateRevenue estimate
Valuation estimate
Gujarat Natural Resources leadership team
Management profileNumber of profiles
Profiles3 records
Gujarat Natural Resources subsidiaries and ownership
Company hierarchySubsidiaries2 records
Gujarat Natural Resources funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Gujarat Natural Resources M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Gujarat Natural Resources
What does Gujarat Natural Resources do?
Gujarat Natural Resources Limited is an upstream oil and gas company engaged in the exploration, development, and production of crude oil and natural gas from Cambay Basin assets in Gujarat, India, through its wholly-owned subsidiary GNRL Oil & Gas Limited. It operates six producing fields (Kanawara, North Kathana, Allora, Dholasan, North Balol, and Unawa) and additionally offers petroleum industry consultancy services covering field operations, reservoir management, and production optimization.
Is Gujarat Natural Resources a public or private company?
Gujarat Natural Resources is a public company. It is classified as public and is currently operating.
When was Gujarat Natural Resources founded?
Gujarat Natural Resources was founded in 2001. It employs 1 to 10 people.
Where is Gujarat Natural Resources based?
Gujarat Natural Resources is headquartered in Ahmedabad, India, in the Asia region.
How does Gujarat Natural Resources make money?
Two revenue lines are on record. Oil and Gas Production Sales are the primary driver. The others are technical Consultancy Services.
Who are Gujarat Natural Resources's main competitors?
Broad incumbents on record are ONGC (Oil and Natural Gas Corporation), Oil India Limited, Cairn Oil & Gas (Vedanta) and Aban Offshore. Direct peers are Selan Exploration Technology, Gujarat State Petroleum Corporation (GSPC) and Hindustan Oil Exploration Company (HOEC). Emerging players are Asian Oilfield Services and Jindal Drilling and Industries. Confidence Petroleum India is listed as an others.
Does Gujarat Natural Resources have an API?
No public API is recorded for Gujarat Natural Resources.
What industry is Gujarat Natural Resources in?
Gujarat Natural Resources's product category is Upstream Oil & Gas Production. Its primary akta.pro industry code is EUAAAAAG, Onshore Natural Gas E&P (Conventional Fields), with a secondary code of EUALAAAH, Unconventional Resources Development (Shale/Tight, CBM). Its NAICS code is 211130 and its SIC code is 1311.