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  • Kutubdia Gas Field - Bay of Bengal

Kutubdia Gas Field - Bay of Bengal

Created by NrgEdge Staff
Location: Bangladesh
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Details:

  • Status

    Active

  • Category

    Exploration

  • Sector

    Oil & Gas

  • Sub-sector

    Upstream

  • Production Capacity (barrels/day or MW)

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Description:

The Kutubdia gas field is located in the Bay of Bengal, Cox's Bazar District in the Division of Chittagong, in Bangladesh. The field is estimated to have recoverable gas reserves of around 45.50 billion cubic feet (Bcf), but an inadequate gas demand at the time might have prompted the now-defunct Union Oil to leave the field undeveloped. Santos had recently sought exploration rights on Kutubdia. It subsequently abandoned plans to drill in the offshore Magnama structure in the Bay of Bengal over October 2012-April 2013 as it has not received rights to explore the nearby Kutubdia gas field. Santos first acquired rights to the field in 2010 when it acquired Cairn Energy's interests - including block 16 - in Bangladesh in November 2010, but it later relinquished its rights to the field. The Australian firm was eyeing to develop the Kutubdia field along with its planned drilling programme in offshore Magnama in 2013.

Kutubdia Gas Field Bay of Bengal Bangladesh
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