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New gas 'found'
A new survey of the existing national gas field of Rashidpur has raised high hopes of finding an additional one trillion cubic feet (tcf) of gas.
This is a major development in a national gas field which is a source of gas cheaper than that produced by international oil companies. Once tapped, this reserve would significantly help reduce the country's perennial gas crisis, officials say.
Bangladesh has between 12 and 15 tcf reserve of gas, according to Petrobangla Chairman Hussain Monsur.
Discovered in between Moulvibazar and Habiganj in Sylhet division in 1960, the Rashidpur field already had a proven gas reserve of 2tcf in its western part. It went into commercial operation in 1962 and so far supplied 460 billion cubic feet (bcf) of gas to the national grid, officials add.
The new 967bcf deposit was detected in the field's unexplored eastern part which is separated by a geological fault.
The finding came through the first-ever three dimensional seismic survey conducted by Bangladesh Petroleum Exploration and Production Company Ltd (Bapex) at the Rashidpur gas field.
There is an 80 percent possibility that we will find another 967.2bcf gas from a part of the eastern flank of the field, announcing the survey result, Hussain Monsur said at a press briefing.
At the briefing at Petrocentre, he said the team has conducted the survey with modern technology on the western fault of Rashidpur, one of the oldest gas fields in the country.
There is also a low possibility of finding another 2.416tcf gas from another part of the eastern flank, said Mortuza Ahmad Faruque, managing director of Bapex.
However, we have to conduct more drillings to find the gas, he said. But the possibility is higher and the signs are encouraging.
The news came after the government approved Tk 164 crore of funding to conduct 3D seismic survey in Titas, Bakhrabad, Sylhet, Kailashtila and Rashidpur in October 2008.
Bapex has proposed drilling three development wells in the western Rashidpur, which is presently under operation, and forecasts it would produce 55 million cubic feet of gas every day.
For the unexplored eastern part, Bapex proposed drilling two exploratory and four development wells. Upon confirmation of the gas discovery through this drilling programme, the authorities would be able to say how much gas could be produced from this part.
Bapex has also completed 3D seismic surveys in Kailashtila and Sylhet gas fields and is presently processing the data for interpretation. It is now preparing to conduct another survey in Titas field.
At present, Bangladesh requires 2,500mmcf of gas a day, but the country can only supply about 2,000mmcfd, leading to severe crisis in gas-fired power generation to gas-based industrial production. The crisis has even affected domestic burners.
New gas 'found'
A new survey of the existing national gas field of Rashidpur has raised high hopes of finding an additional one trillion cubic feet (tcf) of gas.
This is a major development in a national gas field which is a source of gas cheaper than that produced by international oil companies. Once tapped, this reserve would significantly help reduce the country's perennial gas crisis, officials say.
Bangladesh has between 12 and 15 tcf reserve of gas, according to Petrobangla Chairman Hussain Monsur.
Discovered in between Moulvibazar and Habiganj in Sylhet division in 1960, the Rashidpur field already had a proven gas reserve of 2tcf in its western part. It went into commercial operation in 1962 and so far supplied 460 billion cubic feet (bcf) of gas to the national grid, officials add.
The new 967bcf deposit was detected in the field's unexplored eastern part which is separated by a geological fault.
The finding came through the first-ever three dimensional seismic survey conducted by Bangladesh Petroleum Exploration and Production Company Ltd (Bapex) at the Rashidpur gas field.
There is an 80 percent possibility that we will find another 967.2bcf gas from a part of the eastern flank of the field, announcing the survey result, Hussain Monsur said at a press briefing.
At the briefing at Petrocentre, he said the team has conducted the survey with modern technology on the western fault of Rashidpur, one of the oldest gas fields in the country.
There is also a low possibility of finding another 2.416tcf gas from another part of the eastern flank, said Mortuza Ahmad Faruque, managing director of Bapex.
However, we have to conduct more drillings to find the gas, he said. But the possibility is higher and the signs are encouraging.
The news came after the government approved Tk 164 crore of funding to conduct 3D seismic survey in Titas, Bakhrabad, Sylhet, Kailashtila and Rashidpur in October 2008.
Bapex has proposed drilling three development wells in the western Rashidpur, which is presently under operation, and forecasts it would produce 55 million cubic feet of gas every day.
For the unexplored eastern part, Bapex proposed drilling two exploratory and four development wells. Upon confirmation of the gas discovery through this drilling programme, the authorities would be able to say how much gas could be produced from this part.
Bapex has also completed 3D seismic surveys in Kailashtila and Sylhet gas fields and is presently processing the data for interpretation. It is now preparing to conduct another survey in Titas field.
At present, Bangladesh requires 2,500mmcf of gas a day, but the country can only supply about 2,000mmcfd, leading to severe crisis in gas-fired power generation to gas-based industrial production. The crisis has even affected domestic burners.
New gas 'found'
