The state-owned Bangladesh Petroleum Exploration and Production Company Limited (Bapex) started extracting gas yesterday from the third well of Shahbazpur gas field in Bhola on an experimental basis.
Bapex Project Director Abdul Halim said, Bapex had completed the drilling with its own initiative and technology. He hoped that formal gas extraction would begin within a few days.
Shahbazpur gas field was discovered in 1994 with an estimated reserve of 0.465 trillion cubic feet of gas, out of which 0.35 trillion cubic feet is extractable from the first and second well.
Bapex Asisstant Manager Shahadat Hossain said: “The gas already extracted is supplied to the 34.5MW rental power plant of Bhola’s Venture Energy Resource Ltd. And the third well is being prepared as more gas would be needed once the 225MW power plant in Borhanuddin begins operation.”
