BAKU, Azerbaijan, Nov. 7
By Fakhri Vakilov - Trend:
US Epsilon Development Company LLC has stated that an industrial gas flow of up to 500,000 cubic meters per day was obtained after hydraulic fracturing at the Khujum-2 well in Uzbekistan on Nov. 6, Trend reports citing the company.
All work is carried out using modern equipment and technologies, reads the message.
The main activities of Epsilon Development Company are prospecting, exploration, production and transportation of hydrocarbons and flare gas and oil; construction of industrial facilities; and construction of transport communications.
One of the missions of the company in Uzbekistan is to develop and progress new and sustainable energy projects, which will serve as a catalyst for socio-economic development at both regional and national levels.
For the implementation of projects in Uzbekistan, a consortium of investors has been established with the Thyssen Krupp (Germany), Epsilon Development Company, and Epsilon Asia Limited (Hong Kong).
In the framework of joint activities, Epsilon has already commenced large-scale exploration within the Kultak-Kamashi, Mubarak, Surkhan, Ashibulak, Koskudyk and West Fergana investment blocks.
Phased exploration work with seismic surveys, drilling, prospecting and exploration wells and development of identified hydrocarbon deposits are envisaged.
At the end of exploration and reserves approval, a field development program will be prepared for each field, and the best option for their development will be selected. Then a decision on the feasibility of building a gas processing plant will be made.
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