Singapore company to hold seismic survey in Turkmen sector of Caspian Sea
Ashgabat, Turkmenistan, Nov.11
By Huseyn Hasanov- Trend:
Turkmengeologiya State Corporation will conclude a contract for a seismic survey with Yug-Neftegaz Private Limited company registered in Singapore, said a public decree of President of Turkmenistan Gurbanguly Berdimuhammadov.
The resolution refers to the implementation of 3D seismic research on the area, including the shallow part of Caspian Sea within the North Goturdepe field in western Turkmenistan, and the adjacent central and western parts of the Goturdepe field.
Additionally, it is planned to carry out 2D seismic exploration work in shallow waters of the Caspian Sea from the Dardzha gulf to the south shallow lowland Kelkor together with a plot of land, as well as 3D seismic survey on the south-western part of the field Goturdepe, Barsagelmez and the depression located between these two fields.
The resolution said that this will serve the purpose of successful implementation of the program of development of the oil and gas industry of Turkmenistan for the period till 2030.
Earlier, the Turkmen Ministry of Petroleum and Mineral Resources said that the exploration work will cover Goturdepe and North Goturdepe fields as well as a number of other prospective oil and gas areas of the western region of the country," the ministry's report said.
The said issue was also discussed at a meeting of the Turkmen Cabinet of Ministers.
Turkmen President Gurbanguly Berdimuhammadov gave instructions on a number of assignments to the top-managers of the industry to enhance exploration and geophysical studies aimed at finding new deposits of hydrocarbons and oil and gas structures, according to the report.
The head of the state touching upon the issue of the additional seismic studies pointed to the importance of using the most modern technology in the processing of received geological and geophysical data.
It was reported earlier that the resources of the Turkmen shelf of the Caspian Sea, which is estimated at 12 billion metric tons of oil and 6.5 trillion cubic meters of gas, and a number of contracted territories located at the medium and large depths were put up for international tender.
About three years ago, Turkmenoil State Concern started developing the Caspian Sea's shallow part, using modern equipment and implementing high-performance technologies for dual operation of two or more horizons in one and the same well.
Currently the state concern operates about 30 fields, including more than 600 oil and gas deposits that are at various stages of development.