Tullow appoints Bapex to explore gas at Bangura

Jan 22, 2009 01:00 AM

State-owned petroleum exploration and production company Bapex has entered into a deal with a foreign oil company to produce gas in Bangura field, officials said.
Irish company Tullow has recently appointed Bapex to raise gas production from its non-operative well-3 at Bangura field in Comilla, managing director of Bapex M. Imaduddin told. The international oil company (IOC) has planned to produce additional nearly 25-30 mm cf of gas per day from the Bangura field.

"It's a great achievement for Bapex. This deal will help the state-owned company uphold its image," chairman of the Petrobangla Jalal Ahmed told.
"Once Bapex was well-equipped. It made several exploration works and discovered hydrocarbon in different areas of the country," he said adding, "But it had lost its reputation over the past several years due to shortage of funds and modern equipments."

Bapex and Tullow have recently signed a deal to drill the well-3 at Bangura gas field to produce more gas.
"We will start work-over (drilling) at well-3 from early March. It will take maximum one month to produce gas," general manager (drilling) of Bapex Amzad Hossain said. Bapex is shifting its rig from the Bhola gas field to Bangura to start the activities, he said. The gas field, situated in the Block-9, has been producing about 100 mm cfpd of gas from its well-1, 2 and 5.

Tullow, operator of the Bangura gas field, has developed well-3 in October last year. But commencing of production has been started due to some technical faults. Now Bapex will drill the well again and do necessary repair works to making it ready for gas production, Bapex official said.
Tullow has 30 % share in gas Block-9 with partnership of Canadian Niko Resources (60 %) and Bangladeshi Bapex (10 %).

After emerging as a company in June 1989, Bapex was initially given permission to carry out exploration activities only. Since February 2000, the government has authorized its lone petroleum exploration and production company to carry out both exploration and production activities.
Bapex has a capacity to provide specialized services including geological and geophysical prospecting, basin analysis, prospect evaluation, exploration and development drilling, work-over activities, laboratory analyses for the development and production of hydrocarbon resources.

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