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Bapex targets to produce 120mmcfd gas in 2014

vfd rig-largeThe state-owned Bangladesh Petroleum Exploration and Production Company Limited (BAPEX) has targeted to produce 120mmcfd of gas by drilling six wells next year, a top official of Bapex said.

The Bapex is now supplying 120mmcfd gas out of total capacity to produce 156mmcfd from its six existing gas fields, the Bapex Managing Director M A Baki told daily sun yesterday (29 December 2013).

He said the company has already designed to drill two exploratory wells, one in Roopganj and another in Mobarakpur.

“We have already estimated the cost of Roopganj project at Tk 75 crore and are hopeful to drill the exploratory well in January, 2014,??? the Bapex Managing Director said.

He added that the Bapex then will drill the Mubarakpur’s exploratory well.

“We have got 80 percent success in exploring gas this current year,??? he said.

He added the Bapex targeted to produce 100mmcfd of gas this year.

Baki said the Bapex has already conducted two dimensional (2-D) and three dimensional (3-D) seismic surveys at Salda Nadi and Sunetra.

Bapex has already got dry layer while drilling a well at Sunetra which was thought to be the country’s one of the largest gas prospects.

It also works to drill two development wells at Fenchuganj-5 and Titas-27 development wells.

“We are hopeful to drill four development wells one each at Sundalpur, Shahbazpur, Salda Nadi and Kailastila,??? the top Bapex official said.

He said the Bapex would be able to drill Shahbazpur well anytime. But the produced gas might remain unutilised due to poor demand of gas for electricity production.

He said the Shabazpur gas field has capacity to produce 60mmcfd gas. The Bapex has a plan to drill a work-over well at Bakhrabad-5 next year.

“We have support for the Russian giant Gazprom to drill four development wells,??? he said.

The company is also hopeful to drill another exploratory well at Sunetra prospect in late of next year using the result of seismic survey, Baki said.

Bapex is an integral part of the Petrobangla before emerging as a company in June 1989.
-Shamim Jahangir/http://www.daily-sun.com/details_Bapex-targets-to-produce-120mmcfd-gas-in-2014_720_1_3_1_1.html

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