Chevron to further develop Bangladesh's Bibiyana

July 30, 2012
A Chevron Corp. unit will invest $500 million to expand production capacity at giant Bibiyana gas-condensate field in the Habiganj district of northeastern Bangladesh.

A Chevron Corp. unit will invest $500 million to expand production capacity at giant Bibiyana gas-condensate field in the Habiganj district of northeastern Bangladesh.

Chevron placed Bibiyana field on production in 2007 (OGJ Online, Mar. 21, 2007). The field is the country’s largest gas producing area (OGJ, Apr. 22 and 29, 2002).

The expansion, to come on line in 2014, is expected to boost the company’s total gas production capacity in Bangladesh by more than 300 MMcfd, to 1.4 bcfd, and 4,000 b/d of natural gas liquids.

Chevron will drill more development wells, expand the gas processing plant, and install an enhanced gas liquids recovery unit.