16 January 2014 at the Titas gas field in Bangladesh, drilling has begun on the Titas-22 well with a projected depth of 4,063 metres.
This is the fifth of ten planned wells to be constructed by Gazprom International under contracts with BAPEX and BGFCL/SGFL, subsidiaries of PetroBangla, the state-owned Bangladesh oil and gas corporation.
At the same time, equipment is currently being installed at the Semutang field for the construction of the next well, Semutang-6. Drilling will commence in the near future, in accordance with the production schedule.
In April 2012, Gazprom International, the sole specialist operator of Gazprom's upstream projects outside the Russian Federation, concluded two contracts to design and construct 10 production wells with subsidiary companies of the state-owned corporation PetroBangla. Under the agreements reached, wells will be drilled at six of Bangladesh's gas fields: Titas (four wells), Rashidpur, Semutang, Begumganj and Shrikail (one well each) and Shahbazpur (two wells). Most of the wells are directional inclined wells; their depths will range from 2,900 to 4,050 m down the wellbore.
The Titas gas field is located in the Bengal oil and gas basin, and was put into commercial operation in 1967. Its gas reserves are currently estimated at 230 billion cubic metres, with an average daily production of around 13 million cubic metres, according to data from Petrobangla.