1

2

1955 and 1959: PPL discovered Haripur and Chhatakgas fields;

1960s: PSOC discovered 5 gas fields (Titas, Habiganj, Rashidpur, Kailashtila and Bakhrabad);

1961 : Oil and Gas Development Corporation (OGDC) formed as a national organization for exploration in country. Carried out geological and geophysical surveys including gravity, magnetic and seismic; drilled wells in Jaldi and Semutang discovering Semutang gas field;

3

1972 : Bangladesh Minerals, Oil and Gas Corporation (Now Petrobangla) formed;

1974: Enacted Bangladesh Petroleum Act to facilitate international participation under PSC;

Divided offshore of Bangladesh in 6 blocks and awarded to Ashland, ARCO, BODC (Japex), Union Oil, Canadian superior Oil and Ina Naftaplin under Production Sharing Contracts;

These companies carried out gravity, magnetic and seismic surveys(3200KM);

1977: Union Oil company discovered offshore field Kutubdia;

1978: PSC ended with relinquishment of blocks by 4

Contract Signed by

Year Signed Block

Exploratory Wells

Discovery Comments

Unionl Oil (Unocal)

PSC 1974

Offshore 1,kutbd

Relinquished in 1978

Atlantic Richfield (ARCO)

PSC 1974

Offshore 1

Relinquished in 1978

BODC (Nippon Oil)

PSC 1974

Offshore 3

Relinquished in 1978

Ina Napthaplin

PSC 1974

Offshore 2

Relinquished in 1978

Ashland OilPSC 1974

Offshore none

Relinquished in 1978

Canadian Superior(CS

O)PSC 1974

Offshore none

Relinquished in 1978

5

3200 KM grav.,magnetic, seismic survey

1980s : Petrobangla drilled 12 exploration wells and discovered 7 gas fields (Beanibazar, Feni, Fenchuganj, Kamta, Meghna, Narsingdi)

1981: Shell Oil Company was awarded the Chittagong hill tracts. drilled Sitapahar well which turned dry. Subsequently shell undertook exploration in extreme north , drilled Salbanhat well was also dry. .

In 1988 Scimitar Exploration Limited was awarded PSC what is now block # 13 in Surma basin. They failed to prove the extent of the oil discovery at Sylhet structure but discovered the Jalalabad gas field. 6

Contract Signed by

Year Signed Block

Exploratory Wells

Discovery Comments

Shell Oil 1986

22& 23

onshore 2 0

Relinquished in 1991

Scimitar Exploration 1987

13 onshor

e 2

Jalalabad Gas Field

Scimitar left in 1991 because the PSC was signed for oil

only

7

In The MeantimeIn The Meantime……....

Petrobangla discovered oil pool in Sylhet-7 (Haripur) in 1986

BAPEX formed in 1989

8

1996: Formulation of National Energy Policy and adoption of a model production sharing contract (PSC) document together with redefining the whole of Bangladesh territory into 23 exploration blocks.

In the first stage under the new arrangement, 8blocks were awarded to 4 companies under PSC. Drilled total 11 exploration wells discovering 3 gas fields (Moulavibazar, Sanguand Bibiyana) in these blocks.

9

Company Block

Cairn Energy/Holand

Sea Search15 &16Sangu

Occidental 12, 13 &14BY,Mlb

United Meridian Inc.

22 onshore

Rexwood-Okland 17 & 18

Offshore

10

11 expl well drilled

Late 90s 4 blocks awarded to SHELL/CAIRN/ BAPEX block-5 & 10, UNOCAL/ BAPEX Block-7 , TULLOW/ CHEVRON/ TAXACO/ BAPEX Block # 9.

One gas field(Bangura) discovered drilling 5exploration wells.

11

ContractSigned by

Year Signed Block

Expl. Wells

Discovery Comments

Shell & Cairn 2001

5& 10 onshore none none

Shell handed over its share to Cairn in 2004. Relinquished in 2010.

Unocal 2001

7 onshore 1none

Chevron took over the block in 2005 and relinqushed in 2011

Tullow and Chevron -Taxaco 2001

9 onshore 3

Bangura-LalmaiGas Field

Chevron/Texaco handed over its share to NikoResources in 2003 Tullow is working as operator.

12

Discovery by BAPEXDiscovery by BAPEX

In The Meantime BAPEX Discovered…

Shahbazpur (1995) in Bhola Saldanadi (1996) in Comilla

13

Deep Sea Block 10 & 11awarded to Conoco Phillips, USA, under PSC Contract signed on 16 June 2011. Initial Exploration Period: 5 years.Minimum work obligation: 2430 LKM 2D seismic survey Performed: 5900 LKM 2D seismic survey Currently data interpretation is in progress

14

After Resolution of disputes on maritime boundary with Myanmar, invite this bidding

SS Blocks 4 & 9 awarded to ONGC, INDIA Contract signed on 17 February 2014 Initial Exploration Period: 5 years.

Minimum work obligation: 2700 LKM 2D + drilling of 1 well in block SS-04 and

2850 LKM 2D + drilling of 2 wells in block SS-09

Will start 2D seismic survey during upcoming weather window.

15

Shallow Sea Block 11 awarded to Santos-Kriss Energy JV

Contract signed on 12 March 2014 Initial Exploration Period: 5 years.

Minimum work obligation: 1893 LKM 2D & 300 sq. km 3D seismic survey plus drilling of exploratory well

Will start 2D seismic survey during upcoming weather window.

16

Discovery by BAPEXDiscovery by BAPEX

In The Meantime BAPEX Discovered…> Sunadalpur (2011) > Srikail (2012) and> Rupaganj (2014).

Presently Drilling at Mubarakpur.

17

SL. No. Fields Year of

DiscoveryDiscovered by Recoverable

Proved + Probable (2P)

Cumulative Production (June,

2014)

Remaining Reserves w.r.t 2P (July, 2014)

1 Sylhet/Haripur 1955 PPL 318.9 203.71 115.192 Chattak 1959 PPL 474.0 26.46 447.54

3 Rashidpur 1960 Shell 2433.0 535.39 1897.61

4 Titas 1962 Shell 6367.0 3799.05 2567.95

5 Kailashtila 1962 Shell 2760.0 621.48 2138.52

6 Habiganj 1963 Shell 2633.0 2052.35 580.65

7 Bakhrabad 1969 Shell 1231.5 754.61 476.92

8 Semutang 1969 OGDC 317.7 8.33 309.37

9 Begumganj 1977 Petrobangla 21.0 21.00

10 Kutubdia 1977 Union 45.50 45.50

11 Beanibazar 1981 Petrobangla 203.0 79.13 123.87

12 Kamta 1981 Petrobangla 50.3 21.1 29.20

13 Feni 1981 Petrobangla 125.0 62.4 62.60

14 Fenchuganj 1988 Petrobangla 381.0 116.29 264.71

15 Jalalabad 1989 Scimitar 1184.0 851.67 332.33

16 Meghna 1990 Petrobangla 69.9 49.59 20.31

17 Narshingdi 1990 Petrobangla 276.8 154.25 122.55

18 Shahbazpur 1995 BAPEX 390.0 9.01 380.99

Chronological List of Discoveries Chronological List of Discoveries & its Reserve& its Reserve Gas in TCF

18

SL. No. Fields Year of

Discovery

Discovered by

Recoverable Proved +

Probable (2P)

Cumulative Production (June, 2014)

Remaining Reserves 2P (July, 2014)

19 Shahbazpur 1995 BAPEX 279.0 62.19 216.8120 Sangu 1996 Shell/Cairn 577.8 487.91 89.8621 Moulavibazar 1997 Occidental 428.0 254.46 173.5422 Bibiyana 1998 Occidental 5754.0 1697.78 4056.2223 Bangura 2004 Tullow 522.0 263.80 258.2024 Sundalpur Shahzadpur 2011 BAPEX 35.1 7.12 28.0225 Srikail 2012 BAPEX 161.0 17.1 143.8726 Rupganj 2014 BAPEX 33.60 0 33.60

TOTAL (BCF) 27072.13 31243.1 12135.22TOTAL (TCF) 27.07 12.14 14.94

Chronological List of Discoveries & its Chronological List of Discoveries & its ReserveReserve

Gas in TCF

19

• 1250 Sq Km 3D Seismic Program had taken to appraise 5 major Gas Fields (Rashidpur, Kailashtilla, Sylhet, Titas and Bakhrabad) in Bangladesh.

• In addition acquisition of 120 Sq. Km. 3D Seismic Data has been acquired in Saldanadi Gas Field .

• Field Operation of this Project started in 2010 and successfully accomplished in 2012 by BAPEX.

• 1950 Sq Km 3D Seismic Data Acquisition Program has taken from 2013 to 2017 at Sunetra, Shahbazpur, Begumganj-Sundalpur, Srikail, Narsingdi and HabiganjStructures.

• 562 Sq Km 3D Seismic Data has already Acquired and its analysis going on.

3D Seismic Survey by BAPEX3D Seismic Survey by BAPEX

20

• 6493 Lkm 2D Seismic Data Carried out

by BAPEX (Acquisition Period: 1989 to

2014)

• On the Basis of 2D Seismic Data 5 Gas

Fields has been discovered.

• 1800 Lkm 2D Seismic Data Acquisition

Program has taken from 2013 to 2017

at different Exploration Blocks in

Bangladesh.

• 476 Lkm 2D Seismic Data has already

Acquired and its analysis going on.

21

Exploration Programmes of BAPEX upto 2030

2D seismic Survey 9,500 Line km

3D Seismic Survey 6,150 sq. km

Exploration & Development Drilling (Qty)

34 nos

22

Highly dependent on gas

Primary Com Energy Supply -2012 Bangladesh

23

Present Power GenerationPresent Power Generation

24

FY-2013-2014

Total Consumption: 820 Billion Cubic Feet 25

Total number of gas fields : 26

Number of gas fields in production : 19

Number of producing wells : 91

Highest gas production so far (02/09/2014) : 2,365 MMCFD

Total recoverable (proven + probable) reserve : 27.07 TCF

Total production of gas : 12.14 TCF

Total reserve remaining : 14.93 TCF

Present daily gas production by Petrobangla : 1,082 MMCFD (46%)

Present daily gas production by IOCs under PSC : 1,283 MMCFD (54%)

Total Customers : 27 Lac (aprox.)

Daily gas demand of Existing Customers : 2950 MMCFD

Daily shortage of gas supply : 600(+) MMCFD 26

Total Production : 12.14 TCF up to June 2014

Gas Production HistoryGas in BCF

27

Gas Demand and Supply Gas Demand and Supply

Demand Supply gap is increasing, supply is likely to decline from 2016-17Production figure includes 500 mmcfd LNG

Total Demand of gas upto 2030 > 30TCF

HOW TO DO ITHOW TO DO IT Intensively exploration activities for new

reserves; Import of LNG; Import of Pipeline Gas; Energy Conservation Shifts Some NG demands to other fuels. Like

Coal , Oil & RE etc; Market Price Adjustment

Our Aim to Reduce Demand Supply Gap

29

Short & Long Term Planning

Shortterm

Enhance production from existing fields Demand side management Efficient use of energyCapacity Building

Medium term

Capacity building continue……. Intensify exploration activities for new reserve LNG import Increased Domestic Coal Production & Import of coal

Longterm

Exploration activities for new reserve continue…….. LNG import continue…….Increased Coal Production & Import of coal continue…...Price RestructuringPipeline gas importDiversify energy sources (RE incl. Solar, Nuclear etc)

30

Where we want to reachWhere we want to reach

40,000 MW POWER IN

2030

Gas based

Power plant :

25%

Nuclear & others

based Power plant

: 25%

Liquid Fuel based

power plant : 25%

Coal based Power

Plant : 25%

(Indigenous 50% & Im

port 50%)

31

Sl No. Gas Fields & Wells Well type

Flow(MMcfd)

1. Shahbazpur # 3 completed Development 25

2. Shahbazpur # 4 Development 25

3. Salda # 4 Development 15

4. Bakhrabad # 5 completed Workover 10

5. Salda # 2 Workover 5

6. Rashidpur # 8 Development 25

7. Bibyania (8 wells) Development 300

8. Titas # 23, 24 Development 60

9. Rashidpur # 9,10 Development 50

10. Begumganj # 1/A Development 15

11. Sundalpur # 2 Development 15

12. Semutung #1/A Development 15

Sub-Total (21 wels) 56032

SlNo.

Gas Fields & Wells Welltype

Flow(MMcfd)

1. Rashidpur # 11 Development 252. Sylhet # 9 Development 103. Kailashtila # 8 Development 204. Titas # 25, 26 Development 60

Total (5 wells) 115

Total Gas Augmentation Programs during July`14 to June’16 = 675 MMSCFD (26 wells)

One well will be drilled at Kailastilla-7 for Appraisal of Oil resources 33

The entire LNG project activities were divided into 3 parts:

Import of LNG 3.8~ 4 MTPA (RLNG Usage @ 500 mmcfd).

Installation of a Floating LNG Receiving Terminal on BOOT basis at Maiskhali. Construction of 30” x 91 km trans. pipeline from Maiskhali to

Anowara for transmitting regasified-LNG to National Grid. Currently, GoB is processing the Term Sheet AgreementAfter signing of contract, the project will be completed within 2

years (i.e. by 2016)

34

Bangladesh has more than 3 billion ton (72 ) of coal deposits

Barapukira (390), Khalashpir (685), Jamalgonj (1053), Phulbari (572), Dighipara (600)

If we whant to reach our turget we have to produce allmost 16 Million ton of Coal every year.

Coal Production

35

Open pit in Barapukaria North (5MT)

UG mining in Dighpara (2MT)

Phulbari (15 MT)

Khalaspeer (2MT)

CBM/UCG in Jamalgonj

Coal Production

36

Gas ImportGas Import

37

Challenges Ahead Challenges Ahead

Narrowing demand supply gap Efficient use of gas Market price adjustment Import of LNG State of the art capacity building Import of natural gas through pipeline Use of Coal as alternate fuel particularly in

Power Generation.

38