Drilling to begin at Kailashtila gas field by April
Preparations to begin work at the Kailashtila well in Sylhet are almost complete as the well's drilling work will begin by the end of April.
The drilling rig of the state-run Bapex would reach the site in a couple of weeks from Fenchuganj gas field, where drilling of a well is nearing completion, said Harun Ur Rashid Molla, project director of Kailashtila Well 7 drilling project and deputy general manager of state-run Sylhet Gas Fields Ltd.
Prime Minister Sheikh Hasina launched the foundation work on the site at Golapganj upazila in Sylhet on September 17.
“Since it is being dug as an oil well, about 500 barrels of oil would hopefully be produced a day,” Rashid Molla said. Otherwise, it will produce 25 million cubic feet of gas a day, he said.
“On the basis of surveys, we are optimistic about getting oil here.”
It will be the country's second such well, as the first one was drilled at Haripur gas field in Jaintapur upazila of Sylhet in the 1980s. However, the Haripur field stopped producing oil in 1994.
The field that will be drilled in three months by Bangladesh Petroleum Exploration Company (Bapex) has a reserve of 109 million barrels out of a recoverable 44 million barrels of oil and 658 billion cubic feet of gas.
Work on the project was targeted to begin in December last year. The official said drilling work is estimated to cost Tk 220 crore.
In 2011-12, Bapex carried out 3D surveys in Kailashtila, Rashidpur and Haripur and found oil and gas reserves in several zones below the gas structures in Kailashtila and Haripur and only gas in Rashidpur.
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