Anisul Islam Noor :
Bangladesh Petroleum Exploration and Production Company Limited (BAPEX) inked $6.80 million deal with Singapore firm, KrisEnergy recently to initiate the drilling of Bangora-6 and Bangora-7 wells in Bangora gas field under block 9 located in Comilla district,” said Md Atiquzzaman, Managing Director of BAPEX.
This is the first time that the state-run company BAPEX entered into deals for drilling any foreign company operated wells. KrisEnergy will pay $40,000 per day to BAPEX to carry out the drilling. BAPEX is confident of doing it successfully and efficiently, said Mr. Atiquzzaman.
He expressed the hope that these two new wells could supply an additional 30 million cubic feet per day (mmcfd) of natural gas, 15 mmcfd each, into the country’s national gas grid, once the drilling is completed.
BAPEX will deploy its own rig, Bijoy-10, in the Bangora gas field soon to start the drilling, he added.
Bangora field is currently producing around 103 mmcfd, which is nearly 4.0 per cent of the country’s overall natural gas output of about 2,720 mmcfd, from four producing wells, according to statistics revealed by the state-run Petrobangla as on November 29.
Gas from Bangora is being fed to the country’s gas-starved port city of Chittagong. The block 9 is located at some 100 kilometers east of Dhaka. The Bangora gas field commenced production in 2006. It lies in a gas province with substantial gas infrastructure. KrisEnergy became operator of block 9 after purchasing stakes from UK-based Tullow Oil at US$ 42.35 million in 2013.
The Singapore-based firm holds a 30 per cent interests along with operatorship of the onshore Bangora gas-producing field. The other partners in block 9 are Niko Exploration (Block 9) Ltd with a 60 per cent interests and BAPEX with 10 per cent.
Apart from block 9, KrisEnergy has a joint venture (JV) with Australian Santos over a shallow-water block, SS-11, in Bangladesh for oil and gas exploration in the Bay of Bengal. The JV completed two-dimensional (2D) seismic survey in offshore block SS-11 in January this year.
Bangladesh Petroleum Exploration and Production Company Limited (BAPEX) inked $6.80 million deal with Singapore firm, KrisEnergy recently to initiate the drilling of Bangora-6 and Bangora-7 wells in Bangora gas field under block 9 located in Comilla district,” said Md Atiquzzaman, Managing Director of BAPEX.
This is the first time that the state-run company BAPEX entered into deals for drilling any foreign company operated wells. KrisEnergy will pay $40,000 per day to BAPEX to carry out the drilling. BAPEX is confident of doing it successfully and efficiently, said Mr. Atiquzzaman.
He expressed the hope that these two new wells could supply an additional 30 million cubic feet per day (mmcfd) of natural gas, 15 mmcfd each, into the country’s national gas grid, once the drilling is completed.
BAPEX will deploy its own rig, Bijoy-10, in the Bangora gas field soon to start the drilling, he added.
Bangora field is currently producing around 103 mmcfd, which is nearly 4.0 per cent of the country’s overall natural gas output of about 2,720 mmcfd, from four producing wells, according to statistics revealed by the state-run Petrobangla as on November 29.
Gas from Bangora is being fed to the country’s gas-starved port city of Chittagong. The block 9 is located at some 100 kilometers east of Dhaka. The Bangora gas field commenced production in 2006. It lies in a gas province with substantial gas infrastructure. KrisEnergy became operator of block 9 after purchasing stakes from UK-based Tullow Oil at US$ 42.35 million in 2013.
The Singapore-based firm holds a 30 per cent interests along with operatorship of the onshore Bangora gas-producing field. The other partners in block 9 are Niko Exploration (Block 9) Ltd with a 60 per cent interests and BAPEX with 10 per cent.
Apart from block 9, KrisEnergy has a joint venture (JV) with Australian Santos over a shallow-water block, SS-11, in Bangladesh for oil and gas exploration in the Bay of Bengal. The JV completed two-dimensional (2D) seismic survey in offshore block SS-11 in January this year.
