US-based Halliburton, one of the world's largest oil field services companies, yesterday initiated directional drilling side-tracking at gas well-4 in Comilla’s Salda gas field. The drilling will continue for 16 days at Salda and for 11 days at well-1 in adjacent Mobarakpur gas field.
Halliburton has been brought in after the rigs of state-owned Bangladesh Petroleum Exploration and Production Company (BAPEX) got stuck while drilling two gas wells there.
The US company will charge around $1 million for the two jobs, a BAPEX official said.
Drilling work at Mobarakpur was stalled for ten months after a BAPEX rig tilted sideways on the drilling pad. The rig, Bijoy-12, was deployed to Mobarakpur-1 aiming to drill up to 4,700-metre. BAPEX suffered a similar mishap at Salda-4 site where it was aiming to drill up to 3,200-metre.
Talking to The Independent, BAPEX officials said Mobarakpur is an exploratory well, a new well.
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Foreign direct investment (FDI) in Bangladesh has declined 37.47 per cent during the third quarter of the current year, Board of Investment (BOI) records show. Data show that from July to September, BOI… 
Editor : M. Shamsur Rahman
Published by the Editor on behalf of Independent Publications Limited at Media Printers, 446/H, Tejgaon I/A, Dhaka-1215.
Editorial, News & Commercial Offices : Beximco Media Complex, 149-150 Tejgaon I/A, Dhaka-1208, Bangladesh. GPO Box No. 934, Dhaka-1000.
Editor : M. Shamsur Rahman
Published by the Editor on behalf of Independent Publications Limited at Media Printers, 446/H, Tejgaon I/A, Dhaka-1215.
Editorial, News & Commercial Offices : Beximco Media Complex, 149-150 Tejgaon I/A, Dhaka-1208, Bangladesh. GPO Box No. 934, Dhaka-1000.
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