KrisEnergy begins drilling of Bangora well in onshore Bangladesh

KRISENERGY, a mainboard-listed upstream oil and gas company, said on Monday that the Bapex Bijoy 10 rig has commenced drilling of the Bangora-6 development well in the Block 9 production sharing contract, in onshore Bangladesh.

In 2015, gross production from the Bangora field averaged 106 million cubic feet of gas per day and 291 barrels of condensate per day from four development wells, according to KrisEnergy.

KrisEnergy is the operator for Block 9 with a 30 per cent working interest. Other partners in Block 9 are Niko Exploration (Block 9) Ltd with a 60 per cent working interest and Bangladesh Petroleum Exploration and Production Company Limited with 10 per cent.