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Turkmenistan developing oil & gas field in shallow waters of Caspian Sea

Oil&Gas Materials 24 April 2019 17:25 (UTC +04:00)

Ashgabat, Turkmenistan, April 24

By Huseyn Hasanov – Trend:

The Turkmennebit (Turkmen oil) State Concern completed the drilling of a second super-deep well in the Uzynada oil and gas field located in the Caspian region of Turkmenistan, Trend reports with reference to the Neutral Turkmenistan newspaper.

Borehole drilling of a well with a depth of more than 7,000 meters has been completed at the prospective area and casing strings are being descended for further development of natural deposits. The results of the drilling crews will be known in May. The first well drilled to the projected depth of 7,150 meters is already being exploited at the field with expected big reserves of hydrocarbons.

With the help of powerful rigs, the lower red-colored layer of the Pliocene sediments was opened and a powerful flow of natural gas and a mixture of gas condensate and oil was obtained.

It was reported in 2017 that a promising natural gas field was discovered in Uzynada. As a result of drilling a super-deep well with a projected depth of 7,150 meters in the range of 6,689-6,695 meters, the specialists of Turkmen Oil obtained an industrial flow of natural fuel.

"According to preliminary estimates, the well productivity makes up 500,000 cubic meters of natural gas and 150 tons of gas condensate daily. Overall, this confirms the huge hydrocarbon potential of the coastal zone and shallow waters of the Caspian Sea," the report said.

Earlier, a memorandum of understanding on the development of the Uzynada field was signed in Ashgabat between Turkmenistan’s state-owned Turkmen Oil (Turkmennebit) company and the ARETI international group of companies (with its headquarters in Geneva, Switzerland).

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