Rashidpur Gas Field Set to Restart Supply from Shut-In Well

The Rashidpur gas field in Habiganj is on the verge of restarting gas supply from a previously shut-in well, which is expected to deliver about 25.55 billion cubic feet of gas over the next decade. The well, known as Rashidpur-3, was shut down last year after depletion, but a workover operation on September 5 confirmed the presence of natural gas. With the well expected to produce 10 million cubic feet of gas per day, the estimated daily production value is roughly Tk 65 crore. The revival of the well is seen as a significant development, with the existing pipeline and processing plant already in place, allowing for a smooth extraction and supply process.

Key Takeaways:

• The Rashidpur gas field's number 3 well is poised to restart supply, with an expected daily production of 10 million cubic feet of gas.
• The well is projected to deliver about 25.55 billion cubic feet of gas over the next decade, valued at roughly Tk 4,700 crore.
• The refreshment and revitalization of the well are estimated to cost Tk 73 crore.
• The well had been shut down last year after depletion, but a new gas-bearing layer was discovered during further exploration.
• The existing pipeline and processing plant are already in place, allowing for a smooth extraction and supply process.
• Sylhet Gas Fields Limited has launched a major development programme across its gas fields, including drilling projects at Rashidpur wells 11 and 13.
• The initiatives are expected to substantially boost domestic gas production.

Statistics:

• Estimated daily production: 10 million cubic feet of gas
• Total gas production over the next decade: 25.55 billion cubic feet of gas
• Estimated daily production value: Tk 65 crore
• Total estimated value over the next decade: Tk 4,700 crore
• Refreshment and revitalization cost: Tk 73 crore
• Timeframe for gas production: Next decade
• Number of wells in the Rashidpur gas field: 14

Sources:

• [Bapex press release] - confirming the presence of natural gas in Rashidpur-3 well
• [Petrobangla report] - estimating gas production from Rashidpur-3 well
• [Sylhet Gas Fields Limited press release] - launching development programme across gas fields
• [Latest news article] - reporting on Rashidpur gas field's potential restart.