Rashidpur well resumes, gas worth Tk 4,700cr expected

Rashidpur gas field in Habiganj is set to resume supply from a previously shut-in well, which is expected to produce 10 million cubic feet of gas per day. Over the next 10 years, the well is projected to yield 25.55 billion cubic feet of gas, valued at approximately Tk 4,700 crore. The cost of refreshing the well has been estimated at Tk 73 crore. Confirming the development, Rashidpur Gas Field’s Deputy General Manager (Maintenance) Md Shahidullah said, “The prospect of obtaining 8 to 10 million cubic feet of gas daily from this well is very encouraging. The biggest advantage is that the existing pipeline and processing plant are already in place, and there are no other complications regarding extraction and...