Photo : Collected

DHAKA, Aug 07, 2025 (BSS) – Bangladesh Gas Fields Company Limited (BGFCL) today signed a deal with a Chinese company Chuanqing Drilling Engineering Company Ltd for drilling two deep gas wells of Titas and Bakhrabad fields.

BGFCL company secretary Md Mozahar Ali and Chief Executive Officer of Chuanqing Drilling Engineering Company Ltd (CDECL) Li Xiaoming signed the agreement on behalf of their respective sides.

Chairman of Petrobangla Rezanur Rahman and senior officials of CDECL, Petrobangla, BGFCL and BAPEX were present.

The agreement was signed to meet the country's existing energy shortage. Under the deal two deep exploration wells, Titas-31 (5600 meters deep) and Bakhrabad-11 (4300 meters deep), will be drilled to explore gas from the deepest layers of the earth.
 
With an estimated total project cost of Tk. 798 crore, the initiative is being funded through a combination of a GoB loan (Tk 558.60 crore) and BGFCL’s own equity (Tk 239.40 crore. 

The decision of drilling the wells followed a comprehensive analysis of 3D seismic survey data collected by BAPEX during 2011–2012, later re-evaluated by the China National Petroleum Corporation (CNPC) in 2019–2020. 

Based on the Geotechnical Order (GTO), drilling will target four prospective layers within the Bhuban and Borail formations beneath the unexplored overpressure zone in Titas, and two similar layers in Bakhrabad.

The presence, distribution and gas reserves under 3700-5600 metres in Titas and Bakhrabad fields will be confirmed by drilling the two deep wells. 

The implementation period of the project is July 2025 to December 2027.

It said that the drilling of wells will be Bangladesh’s first High-Pressure High-Temperature (HPHT), with anticipated reservoir pressures reaching 15,000 PSI and temperatures around 390°F.

Petrobangla officials emphasised that the successful completion of the wells could open a new chapter in Bangladesh’s energy landscape, significantly boosting domestic gas production and reducing reliance on imports.

Upon completion and testing, Titas-31 Deep well is projected to deliver approximately 15 million cubic feet per day (mmcfd) of gas, while Bakhrabad-11 Deep well is expected to contribute around 10 mmcfd to the national grid.