Gazprom International, the sole Gazprom company involved in the implementation of oil-and-gas upstream projects outside the Russian Federation, completed the drilling cycle at the Titas 20 well at the previously discovered Titas gas field in Bangladesh.
During exploratory drilling, which the project's operator has been carrying out since February this year, the well's projected depth of 3,532 metres has now been reached. A set of geological and geophysical studies has been carried out. Preparation for gas production is underway.
Titas-20 is the first of the five wells which, in accordance with the service contract with the Bangladeshi side, Gazprom International must design and drill for BGFCL, a subsidiary of Petrobangla, the Bangladesh Oil, Gas & Mineral Corporation.
Previously, the operator has completed drilling at the Srikail 3 well under a contract with BAPEX, another subsidiary of Petrobangla.
Under two contracts signed with the Bangladeshi side in April 2012, Gazprom International must design and drill 10 operational wells to a depth of up to 4,050 m at the following fields: Titas(four wells), Shahbazpur (two wells), as well as Rashidpur, Semutang, Begumganj and Srikail (one well each).
Bangladesh desperately needs to increase its own production of natural gas, which is used mainly for the production of mineral fertilisers and in power plants.
No work on prospecting and exploring new deposits in Bangladesh has been carried out during recent years, and in view of this, the country's Government has approved a programme to drill new operational wells.