Dhaka, May 12 (BDNEWS) – Tullow Oil Plc Friday announced that natural gas production from the Bangora-1 well in Block 9, the company's first production in Bangladesh, commenced on May 9.
It has reached a gross stabilised flow rate of 50 mmscfd (million standard cubic feet per day), said a release of the company.
"This is a long-term production test and forms part of an appraisal programme to test the size and connectivity of the reservoir discovered by the Bangora and Lalmai wells in 2004," it said.
The gas being delivered into the Ashuganj-Bakhrabad pipeline will supply much needed gas into the local market, the release added.
Production data from the Bangora well will be combined with new 3D seismic data, acquired in February this year, and the results from the appraisal wells.
The Bangora-2 appraisal well commenced drilling on April 22 and is expected to take
40 days to reach the reservoir target. One further appraisal well is planned with two additional wells contingent on results.
In the event of positive results from this programme, Tullow plans to declare commerciality and submit a full Field Development Plan to Petrobangla, the state-run oil, gas and mineral corporation, by the end of the year.
Tullow is the operator of the block 9 with 30 percent share. Canadian Niko Resources holds 60 percent share while Bangladesh Petroleum Exploration and Production Company Limited (BAPEX) 10 percent.
BDNEWS/1451 hrs
