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  1. Market Data
May 2, 2022

Bangura Conventional Gas Field, Bangladesh

By Carmen

Bangura is a producing conventional gas field located onshore Bangladesh and is operated by KrisEnergy Holdings. The field is located in block Block 9.

Field participation details

The field is owned by Niko Resources, Bangladesh Oil, Gas and Mineral and KrisEnergy.


Production from Bangura

The Bangura conventional gas field recovered 83.35% of its total recoverable reserves, with peak production in 2013. The peak production was approximately 0.34 thousand bpd of crude oil and condensate and 111 Mmcfd of natural gas. Based on economic assumptions, production will continue until the field reaches its economic limit in 2033. The field currently accounts for approximately 3% of the country’s daily output.


Remaining recoverable reserves

The field is expected to recover 17.68 Mmboe, comprised of 0.51 Mmbbl of crude oil & condensate and 103.05 bcf of natural gas reserves. Bangura conventional gas field reserves accounts 0.01% of total remaining reserves of producing conventional gas fields globally.


About KrisEnergy Holdings

KrisEnergy Holdings Ltd (KrisEnergy) is an independent upstream company that production and development of oil and gas in the basins. The company discovers, appraises, develops and produces hydrocarbon resources. It services comprise development and production of identifying potential prospects, exploration, appraisal, discovery and commercialization services. Its producing assets comprise B9A, B8 32, G10 48 and G11 48 oil and gas fields in the Gulf of Thailand and the Bangora gas field in Block 9, onshore Bangladesh, two oil development projects that include G6 48 in the Gulf of Thailand and Block A offshore Cambodia, and others. The company has its operations in Bangladesh, Thailand, Vietnam, Indonesia and others. KrisEnergy is headquartered in Singaporex.

Methodology

Information on the field is sourced from GlobalData’s fields database that provides detailed information on all producing, announced and planned oil and gas fields globally. Not all companies mentioned in the article may be currently existing due to their merger or acquisition or business closure.

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