Santos finds gas at Sangu-11 in Bangladesh

Feb 15, 2012 12:00 AM

Santos announced that Sangu-11 has penetrated a new gas reservoir in the Sangu Area with approximately 20 meters of good quality gas pay. The well will be completed and tied into the Sangu facilities and will provide incremental gas to Chittagong in the coming months once marketing arrangements have been finalized.
Work is continuing to assess volumes and flow potential of the reservoir. After completion of Sangu-11, the Seadrill jackup drilling rig Offshore Resolute (ILC 350') will be demobilized.

Sangu-11 was the third well of a 3-well drilling campaign in block 16 PSC that commenced in September 2011. The first well, South Sangu-4, found gas in one target but was unable to add further reserves due to encountering anomalously high formation pressure, and had to be abandoned prior to reaching its primary objective.
The second well, NE Sangu-1 drilled in December 2011, failed to encounter commercial hydrocarbons and was also abandoned.

John Chambers, President of Santos in Bangladesh, commented, “We are pleased to have found new volumes of gas that can supply the Chittagong market. Further gas discoveries will still be needed to supply the market in the medium to long term."
"The mixed success of this program is a reminder of the risks and challenges associated with gas exploration and appraisal, and underlines the importance of providing the right investment framework to encourage further exploration in the Bay of Bengal.”

Santos in Bangladesh
Santos first came to Bangladesh in 2007 when it acquired interests in block 16 (Sangu) and Block 16 (Exploration) from Cairn Energy, then the operator. In December 2010, Santos acquired Cairn’s remaining interests in Bangladesh.
Today, the participants in block 16 (Sangu) are Santos (75 %, operator) and Halliburton (25 %). Santos has a 100 % interest in block 16 (Exploration).

Market Research

The International Affairs Institute (IAI) and OCP Policy Center recently launched a new book: The Future of Natural Gas. Markets and Geopolitics.


The book is an in-depth analysis of some of the fastest moving gas markets, attempting to define the trends of a resource that will have a decisive role in shaping the global economy and modelling the geopolitical dynamics in the next decades.

Some of the top scholars in the energy sector have contributed to this volume such as Gonzalo Escribano, Director Energy and Climate Change Programme, Elcano Royal Institute, Madrid, Coby van der Linde, Director Clingendael International Energy Programme, The Hague and Houda Ben Jannet Allal, General Director Observatoire Méditerranéen de l’Energie (OME), Paris.

For only €32.50 you have your own copy of The Future of Natural Gas. Markets and Geopolitics. Click here to order now!


Upcoming Conferences
« June 2019 »
1 2
3 4 5 6 7 8 9
10 11 12 13 14 15 16
17 18 19 20 21 22 23
24 25 26 27 28 29 30

Register to announce Your Event

View All Events