BAPEX, the state owed oil and gas exploration company, has found a new location in Begumganj gas field through drilling a well.
BAPEX claimed that the testing results in the Begumganj-4 (West) well are showing a good prospect for the gas field.
"We hope, initially it will produce 10-15 million cubic feet (MMCFD) of gas per day," BAPEX Managing Director Md Shoyeb told the media on Tuesday.
According to him, gas was found at the new location at three separate layers of the field during drilling that went to a depth of 3,113 meters. The distance of the new location is about 2.5 km from the existing well which has been producing 8-10 MMCFD of gas.
Gas structures were identified at 3,081 meter, 2,500 meter and 1,900 meter. "But now we're producing from the layer at 3,081-3,055 meter."
He, however, said it will take 3-4 months to take the gas to the national grid as construction of a new pipeline will be required.
BAPEX engaged in the work of digging wells and extracting gas near Wasekpur village in Ambarnagar union of Sonaimuri upazila under Noakhali district, according to a release.