BAKU, Azerbaijan, Nov. 16
By Fakhri Vakilov - Trend:
Epsilon Development Company has stated that after hydraulic fracturing on Nov. 15, the daily production rate of the wells Zhanubiy Tandircha-4, 41 and Northern Kultak-3 was increased, Trend reports citing the company's statement.
The hydraulic fracturing was carried out jointly with Uzbekistan’s Uzbekneftegaz oil and gas company.
After hydraulic fracturing at the Zhanubiy Tandircha-4 well, the flow rate increased from 75,000 to 140,000 cubic meters of gas per day.
In addition, after hydraulic fracturing at the Zhanubiy Tandircha-41 well, the flow rate increased from 100,000 to 150,000 cubic meters of gas per day.
Moroeover, after hydraulic fracturing at the North Kultak-3 well, the flow rate increased from 0 to 100,000 cubic meters of gas per day, read the message.
Upon completion of work, soil restoration will be carried out in the wells, the company said.
The main activities of Epsilon are prospecting, exploration, production and transportation of hydrocarbons and flare gas and oil; construction of industrial facilities; 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.
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