New gas reserves discovered in Bangladesh

On 21 June BAPEX, part of Bangladesh’s state oil-and-gas corporation PetroBangla, discovered a new natural gas deposit at the Rupganj site not far from the capital Dhaka.

In 2010, BAPEX conducted 2D seismic surveys at the site which led to the discovery of a potential field.

“Gas was discovered during exploratory well tests, first at a depth of 3,600 metres and then at 3,326 metres,” Abdul Baqi, BAPEX Managing Director, reported.

In his words, initial reserves at the site are estimated at 50 billion cubic feet of gas (1.4 billion cubic metres). The daily yield is expected to be at least 15 million cubic feet.

In total, 26 gas fields have been discovered in Bangladesh. They currently yield an average of 2.3 billion cubic feet per day. In total, since the first exploratory work was carried out, the country has produced around 12 trillion cubic feet of natural gas. Meanwhile, PetroBangla estimates its proven hydrocarbon reserves at over 15 trillion cubic feet.

REFERENCE

Gazprom International, the sole specialised operator of Gazprom’s foreign upstream projects, partners BAPEX under a contract signed in April 2012 to design and construct five exploratory wells for the Bangladeshis. At the same time, a second contract was signed with another of PetroBangla’s subsidiaries, BGFCL/SGFL, also for the design and construction of five wells. To date, seven wells have been built under these contracts: Shrikail-3, Titas-19, Titas-20, Titas-21, Titas-22, Begumganj-3 and Semutang-6; drilling work is underway on Rashidpur-8 and Shahbazpur-3. Some of these wells are already linked up to Bangladesh’s central gas supply.

Bangladesh Petroleum Exploration & Production Company Limited (BAPEX) is a subsidiary of the Bangladesh Ministry of Energy and Mineral Resources state oil-and-gas corporation PetroBangla, involved in the prospecting, exploration and development of hydrocarbon deposits. The company was established by parliamentary decree in 1989. Its head office is in Dhaka.

Source: Gazprom