By OGJ editors
HOUSTON, Mar. 22 -- Unocal Bangladesh Blocks 13 and 14 Ltd., operator, and Unocal Bangladesh Ltd. have begun production of 70 MMcfd of natural gas from two well completions in Moulavi Bazar gas field in Bangladesh. Unocal expects to complete two additional wells by May, increasing production capacity to 150 MMcfd.
Moulavi Bazar, which the company estimates has a gross resource potential exceeding 440 bcf of gas, is located on Block 14 in the northeast district of Sylhet.
Unocal built a 150 MMcfd gas processing plant and a 24-km pipeline to connect the field with the national grid for gas purchaser Petrobangla. Total development cost of the project, including wells, is estimated at $42 million.
Together with 200 MMcfd of gas from Jalalabad field on Block 13, Unocal Bangladesh fields operated for Petrobangla currently produce 270 MMcfd of gas.
Unocal signed a production sharing agreement to develop Bibiyana field on Block 12 in the Habiganj district, which is expected to add 200 MMcfd beginning in fourth quarter 2006 (OGJ Online, Nov. 10, 2004). With 15 wells, a 300 MMcfd gas processing plant to be expanded to 600 MMcfd, and a total expected investment of $230 million, Unocal estimates that Bibiyana field ultimately could produce 500 MMcfd by yearend 2009.
