Titas is a producing conventional gas field located onshore Bangladesh and is operated by Bangladesh Gas Fields. The field is located in block Block 12.
Field participation details
The field is owned by Bangladesh Oil and Gas and Mineral.
Production from Titas
The Titas conventional gas field recovered 72.60% 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 Mmcfd of natural gas. Based on economic assumptions, production will continue until the field reaches its economic limit in 2055. The field currently accounts for approximately 16% of the country’s daily output.
Remaining recoverable reserves
The field is expected to recover 314.33 Mmboe, comprised of 0.87 Mmbbl of crude oil & condensate and 1,880.76 bcf of natural gas reserves. Titas conventional gas field reserves accounts 0.10% of total remaining reserves of producing conventional gas fields globally.
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.