Shahbazpur is a producing conventional gas field located onshore Bangladesh and is operated by Bangladesh Petroleum Exploration & Production. The field is located in block Shahbazpur.
Field participation details
The field is owned by Bangladesh Oil and Gas and Mineral.
Production from Shahbazpur
The Shahbazpur conventional gas field recovered 29.10% of its total recoverable reserves, with peak production expected in 2022. The peak production was approximately 0.01 thousand bpd of crude oil and condensate and 65 Mmcfd of natural gas. Based on economic assumptions, production will continue until the field reaches its economic limit in 2057. The field currently accounts for approximately 2% of the country’s daily output.
Remaining recoverable reserves
The field is expected to recover 52.26 Mmboe, comprised of 0.04 Mmbbl of crude oil & condensate and 313.31 bcf of natural gas reserves. Shahbazpur conventional gas field reserves accounts 0.02% of total remaining reserves of producing conventional gas fields globally.
About Bangladesh Petroleum Exploration & Production
Bangladesh Petroleum Exploration & Production Co Ltd (BAPEX) a subsidiary of Bangladesh Oil, Gas and Mineral Corporation is an oil and gas company that explores and develops oil and gas. The company offers services such as geological survey, geophysical survey, acquisition of subsurface data, 2D and 3D seismic surveys, data management and drilling and workover. Its projects include Mobarakpur Oil and Gas Exploration Drilling project, Procurement of Gas Process Plant for Shahbazpur Field, 1500 HP Rig Procurement project, Rupganj Oil and Gas Exploration Wells project, and Procurement of Gas Process Plant for Srikail Gas Field, among others. The company’s gas fields comprise Saldanadi, Fenchuganj, Shahbazpur, Semutang, Shahjadpur-Sundalpur and Srikail. BAPEX is headquartered in Dhaka, Bangladesh.
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.