Lukoil discovers gas and condensate field in Southwest Gissar in Uzbekistan
Uzbekistan, Tashkent, Aug. 31 / Trend D. Azizov /
Lukoil Overseas (an operator of international upstream projects of Lukoil) has discovered a new field of gas and condensate on the Southwest Gissar block in Kashkadarya region in southern Uzbekistan, the company said.
According to Lukoil Overseas, during exploratory drilling in difficult conditions on steep terrain of Shurdare structure at a depth exceeding 3,000 meters gas-bearing carbonate rocks of the Upper Jurassic age were revealed by the borehole. During testing of the well commercial daily output - up to 650,000 cubic meters of gas and 70 tons of gas condensate were obtained.
"According to the results of the well test and interpretation of drilling, geological model of Shurdare deposit will be clarified, assessment of its resource base, a decision on the further exploration of prospective land made, and the role of the new field in the industrial development scheme of the Southwest Gissar defined," the statement said.
PSA for the Southwest Gissar was signed on January 23, 2007 for a term of 36 years and entered into force on April 23, 2007. Uzbekistan's share in profit ranges from 55 to 80 percent depending on the profitability of the project.
LUKOIL joined the Southwestern Gissar project in Uzbekistan in 2008.