• Submit Story
  • Gallery
  • Members
  • Browse by Category
  • Videos
  • Top Rated Articles
  • News RSS Feeds
  • Bapex set to start drilling at well No-17 of Titas Gas Field
    Frontier
    Frontier on Thursday, August 30, 2012
    reviews [0]
    National [802]
    Bangladesh Petroleum Exploration and Production Company Limited (Bapex) is set to start drilling a new appraisal-cum development well at Titas Gas field on Friday.

    Titas Gas Field’s operator Bangladesh Gas Fields Company Limited (BGFCL) engaged Bapex under an agreement in order to enhance its gas production capacity.

    BGFCL has undertaken a programme to drill two new wells at the field. Of them, the drilling of Well No-17- will start Friday and it will take two months to be completed. After completion of its drilling, drilling will start at the Well No-18.

    “We completed all our preparations. Our all necessary equipments including the rig were mobilised at the Titas Field site. Now, we’re just waiting for BGFCL’s green signal,” Bapex’s Managing Director Mortuza Ahmad Faruque told UNB.

    Both the Bapex (Bangladesh Petroleum Exploration and Production Company Limited) and BGFCL are the subsidiaries of the state-owned principal hydrocarbon exploration and production corporation Petrobangla.

    But both the companies entered into the deal in compliance with the government’s decision taken in 2005.

    BGSCL’s drilling programme was approved by the government in June 2007. The company has estimated a cost of Tk 300 crore for the drilling works at the Titas Gas Field.

    As per contract, Bapex will provide Drilling Operation Services through its Commissioning & Testing Rig IDECO. For directional drilling engineering services, BGFCL signed contract with a foreign successful bidder.

    Earlier, Bapex conducted 3D survey at the Titas gas field and found indication of good results. But until a successful drilling, it will be unwise to make a prediction, said a Bapex official.

    BGFCL Managing Director Shafiqur Rahman informed UNB that they expect a production of 25-30 million cubic feet gas from the new well if the drilling is successful. Bapex planned to hit a gas zone to a depth of 3100 metre in the field’s structure.

    BGFCL presently operates six gas fields across the country including Titas, Habiganj, Bakhrabad, Narsingdi, Meghna and Kamta. Of them, Titas Field is the country’s largest gas field with daily total gas production of 450 million cubic feet from 15 wells.

    Titas gas field is located in Brahmanbaria district, some 100 Km away to the direction of northern-east from capital city Dhaka, was discovered by Pakistan Shell Oil Company in 1962.

    As per latest official re-estimation, total recoverable gas reserve of Titas gas field is 6.367 trillion cubic feet (TCF). Commercial gas production from this field was commenced in 1968 and so far about 3.468 TCF gas or 54.48 percent of reserves has been recovered.

    Out of total 16 gas wells drilled so far in this field, 7 are vertical wells and the remaining 9 are deviated wells.
                               
      Comments
    » Not yet reviewed by any member. You can be the first one to write a review.
    » You must be logged in to post a comment.
    Sponsor

    D S E










    View Office : The Daily Frontier in a larger map
    Related Articles
    Bangladesh Petroleum Exploration Company (Bapex) hit a new gas reservoir in the 16-year-old small Salda gas field in Brahmanbaria yesterday. Bapex chief Mortuza Ahmad.... Local unit of BNP and its front organisations will lay seize to the regional office of Titas Gas Distribution and Transmission Company Ltd at the city’s Chashara on Wednesday.... Two people were killed and five others injured as a speed boat collided with another in the Titas River in Nabinagar upazila early Tuesday. The deceased were identified as.... He might be relishing the role of an opener but Indian batsman Shikhar Dhawan says scoring runs has not been easy in one-dayers ever since the introduction of new rules..... Chennai Super Kings suffered a eight-wicket defeat to Mumbai Indians in the tournament opener and skipper Mahendra Singh Dhoni admitted it was a "rusty" start to....
    Adsense II [728 x 90]