Titas is a producing conventional gas field located onshore Bangladesh and is operated by Bangladesh Gas Fields. According to GlobalData, who tracks more than 34,000 active and developing oil and gas fields worldwide, the field is located in block Block 12. Buy the profile here.
Field participation details
The field is owned by Bangladesh Oil and Gas and Mineral.
Production from Titas
The Titas conventional gas field recovered 76.55% of its total recoverable reserves, with peak production in 2017. The peak production was approximately 0.42 thousand bpd of crude oil and condensate and 557.00 Mmcfd of natural gas. Based on economic assumptions, production will continue until the field reaches its economic limit in 2054. The field currently accounts for approximately 17% of the country’s daily output.
Remaining recoverable reserves
The field is expected to recover 269.71 Mmboe, comprised of 1.44 Mmbbl of crude oil & condensate and 1,609.64 bcf of natural gas reserves. Titas conventional gas field reserves accounts 0.09% of total remaining reserves of producing conventional gas fields globally.
For more details on the Titas Conventional Gas Field, buy the profile here.