Plan to develop new wells in Titas to augment gas output
Sunday, 16 August 2009
FHM Humayan Kabir
The government has taken a comprehensive programme to develop the Titas gas field to produce additional 100-million cubic feet of gas (mmcf) for meeting the ever growing demand for energy, officials said Saturday.
The Bangladesh Gas Fields Company Limited (BGFCL) would develop four new wells and repair five operative wells to check seepage of gas at the Titas field, a senior Petrobangla official told the FE.
The state-owned gas production company-BGFCL- has taken the Tk 10.5 billion scheme to augment gas production at Titas gas field by 2012, he said.
Titas is the largest gas field in the country with its reserve of 5.13 trillion cubic feet (TCF) of gas and second largest gas supplier producing 400mmcf of gas per day from its 14 operative wells.
The US oil company Chevron operated Bibiyana gas field is the largest gas field in terms of production supplying nearly 650mmcf of gas per day.
"We have sent a project proposal to the executive committee of the national economic council (ECNEC) for approval in a bid to start the development works at the field," an energy division official said.
He said if the four wells are developed at Titas, additional 100-mmcf of gas per day would be added to the national grid within three years.
"Besides, we will also repair five existing wells as seepages have been detected there for the last few years. We are expecting some additional gas production from those wells also," the official said.
It is a good news that the Asian Development Bank has assured us of providing nearly $130 million fund for developing the country's largest gas field, the Petrobangla official said.
BGFCL is the largest gas production company in the public sector, which produced around 770mmcf of gas per day from its five gas fields-Titas, Habiganj, Bakhrabad, Narshingdi and Meghna.
"We have taken up the project as the country is heading towards severe gas crisis after 2012. We expect to raise our total production to over 550mmcf per day by the year 2012," a BGFCL official said.
Petrobangla already warned that the country's proven gas reserves would start to deplete from 2013 if no new gas fields are discovered and production from the potential fields is not raised.
Present gas production capacity at 79 gas wells of all the government and foreign energy company owned field is about 1950 mmcf per day, leaving over 200mmcf shortfall.
The government has taken a comprehensive programme to develop the Titas gas field to produce additional 100-million cubic feet of gas (mmcf) for meeting the ever growing demand for energy, officials said Saturday.
The Bangladesh Gas Fields Company Limited (BGFCL) would develop four new wells and repair five operative wells to check seepage of gas at the Titas field, a senior Petrobangla official told the FE.
The state-owned gas production company-BGFCL- has taken the Tk 10.5 billion scheme to augment gas production at Titas gas field by 2012, he said.
Titas is the largest gas field in the country with its reserve of 5.13 trillion cubic feet (TCF) of gas and second largest gas supplier producing 400mmcf of gas per day from its 14 operative wells.
The US oil company Chevron operated Bibiyana gas field is the largest gas field in terms of production supplying nearly 650mmcf of gas per day.
"We have sent a project proposal to the executive committee of the national economic council (ECNEC) for approval in a bid to start the development works at the field," an energy division official said.
He said if the four wells are developed at Titas, additional 100-mmcf of gas per day would be added to the national grid within three years.
"Besides, we will also repair five existing wells as seepages have been detected there for the last few years. We are expecting some additional gas production from those wells also," the official said.
It is a good news that the Asian Development Bank has assured us of providing nearly $130 million fund for developing the country's largest gas field, the Petrobangla official said.
BGFCL is the largest gas production company in the public sector, which produced around 770mmcf of gas per day from its five gas fields-Titas, Habiganj, Bakhrabad, Narshingdi and Meghna.
"We have taken up the project as the country is heading towards severe gas crisis after 2012. We expect to raise our total production to over 550mmcf per day by the year 2012," a BGFCL official said.
Petrobangla already warned that the country's proven gas reserves would start to deplete from 2013 if no new gas fields are discovered and production from the potential fields is not raised.
Present gas production capacity at 79 gas wells of all the government and foreign energy company owned field is about 1950 mmcf per day, leaving over 200mmcf shortfall.