Turkmenistan increases oil production

Oil&Gas Materials 18 June 2015 12:09 (UTC +04:00)

Ashgabat, Turkmenistan, June 18
By Huseyn Hasanov- Trend:

Turkmennebit (Turkmenoil) state concern of Turkmenistan has produced around 2.163 million metric tons of oil since early 2015, or 0.1 percent (2,200 metric tons) more than in the same period of 2014, Turkmen Ministry of Oil and Gas Industry and Mineral Resources said.

Enterprises carrying out drilling work play a great role in the growth of oil production by the state concern, said the ministry.

It was planned to drill 97,534 meters in accordance with the program in early 2015, while in fact, this figure reached 117,435 meters (by 19,901 meters more than the planned volume), according to the Turkmen Ministry of Oil and Gas Industry and Mineral Resources.

The ministry added that 8,629 meters have been drilled in excess of the plan for the target use, while 11,272 meters have been drilled for search purposes since early 2015.

A total of 34 wells have been drilled by Turkmenoil state concern since early 2015, said the country's ministry.

Edited by CN