>CAIRN Energy Plc (CNE.L) and its joint venture partners have started digging deeper in Bangladesh’s lone offshore field to raise gas production by 35 percent to about 50 million cubic feet (mmcf) per day, Reuters reports quoting the UK oil and gas company on Wednesday.
The state-run Bangladesh Oil, Gas, and Mineral Corporation or Petrobangla had approved the plan to explore for gas further offshore, it said.
“As part of an integrated review of the field’s production capability, this further work is aimed at increasing gas production from the only offshore gas development in Bangladesh,” Phil Dolan, managing director of Cairn in Bangladesh, said.
The programme is planned to take place over a two-week period and will target producing wells 1 and 9 in the Sangu field, in the Bay of Bengal, 60 kilometres (38 miles), south of the port city of Chittagong.
The Sangu gas field has produced in excess of 440 billion cubic feet since production started in 1998.