BAKU, Azerbaijan, Nov. 21
By Fakhri Vakilov-Trend:
Epsilon Development Company has stated that after hydraulic fracturing on Nov. 20, a gas production flow rate of 1 million cubic meters per day was obtained from a well at the Nazarkuduk field in Uzbekistan, Trend reports citing the company's statement.
The hydraulic fracturing was carried out jointly with Uzbekneftegaz JSC.
All gas produced is directed to the domestic market for Uzbekistan’s population, read the message.
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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