Gazprom completes geological exploration in Ustyurt region of Uzbekistan
Uzbekistan, Tashkent, Feb.3 /Trend D.Azizov/
Gazprom International Company has completed the geological exploration in Ustyurt region of Uzbekistan, the press service of the company announced on Friday.
The program, designed for five years, was adopted in 2006 and included three stages. Geological and geophysical surveys and drilling of prospect and exploration wells were carried out during the first two stages.
The Gelle condensate field, located on 235 kilometers from the main gas pipeline Central Asia - Center was opened during the implementation of the third and final phase on the Shahpahtinsk (Karakalpakstan, Uzbekistan, north-west) investment block.
"2D seismic work in the amount of 7.7 thousand of running kilometers and 3D seismic work in the amount of 600 square kilometers, the interpretation of seismic data, gravity and aeromagnetic survey research in the amount of three thousand square kilometers, drilling of 20 exploratory wells in seven investment block were carried out as part of the program, " the statement said.
About $400 million has been invested in exploration in Ustyurt region of Uzbekistan in December 2006.
The company is currently preparing a report on the calculation of natural gas and gas condensate on Gelle field for subsequent protection of the State Commission for Reserves under the Cabinet of Ministers of Uzbekistan.
Along with the exploration program, Gazprom International implements the construction and redevelopment of Shakhpakhty field in Karakalpakstan on the conditions of PSA.
Agreement on the principles of geological exploration of the investment units of Ustyurt region provides the exclusive right to Gazprom for the development of new hydrocarbon fields under production sharing agreement (PSA).