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Tender announced for 3D seismic survey in Uzbek part of Aral Sea

Business Materials 2 April 2013 12:28 (UTC +04:00)
The Aral Sea Operating Company (Aral Sea) has announced a tender for a 3D seismic survey within the Production Sharing Agreement (PSA) in the Uzbek part of the Aral Sea according to the project operator.

Uzbekistan, Tashkent, April 2 / Trend, D.Azizov /

The Aral Sea Operating Company (Aral Sea) has announced a tender for a 3D seismic survey within the Production Sharing Agreement (PSA) in the Uzbek part of the Aral Sea according to the project operator.

Under the terms of the tender, applicants must have an average annual amount of work on these works at least 500 square kilometres with an annual turnover of at least $10 million. Bids will be accepted until May 1, the results of the tender are planned to be summed up in the first half of this year.

3D seismic survey work will be conducted under the minimum programme for a further geological survey in the Uzbek part of the Aral Sea approved in August 2011, the report said.

As it was reported earlier, the PSA on oil and gas exploration in the Uzbek part of the Aral Sea was signed within the international consortium in August 2006. The consortium included Uzbekneftegaz, Malaysian Petronas, Russian Lukoil Overseas, the Korean KNOC and Chinese CNPC. The PSA came into force in January 2007. Petronas left the international consortium carrying out exploration in the Uzbek part of the Aral Sea under a production sharing agreement (PSA) in May 2011.

In 2011, the consortium fully implemented a programme for exploratory work to the volume of 2941 kilometres of seismic work using a 2D method by drilling two exploratory wells.

The project cost will total $110.2 million.

A new field of hydrocarbons in the Western Aral, with a preliminary estimate of 11 billion cubic meters of natural gas reserves was opened following the initial stage of research and exploration. Based on seismic data, six prospective structures were revealed, four of which are certified and prepared for deep drilling.

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