April 29, 2008 / 6:58 AM / 11 years ago

Chevron resumes survey after fire in Bangladesh

DHAKA, April 29 (Reuters) - U.S. energy group Chevron Corp (CVX.N) said on Tuesday it has resumed a seismic survey at a Bangladeshi gas field, two days after a forest fire forced it to suspend work.

Chevron said in a statement that there was no seismic-related work going on in the area at the time of the fire.

Chevron began the three-dimensional (3D) seismic survey last month. It is aiming to raise production from the gas field by 50 percent to 105 million cubic feet per day.

The area is located in block 14 of the Moulavi Bazar gas field in the country’s northeast, which also covers part of a national forest.

Discovered in 1999, the Moulavi Bazar gas field has estimated reserves of 400 billion cubic feet. It was first operated by Unocal.

The field, which started production in 2005, was later acquired by Chevron.

($1=68.58 taka)

Reporting by Serajul Islam Quadir; Writing by Anis Ahmed; Editing by Kim Coghill

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