BAKU, Azerbaijan, Dec. 20
By Fakhri Vakilov - Trend:
The US Epsilon Development Company received a flow of 700,000 cubic meters of gas at the new Khujum-4 production well of the Kultak-Kamashi investment block of Uzbekistan, Trend reports citing the company's statement.
Drilling operations at the Khudzhum field were carried out by the company's specialists in a short time. A horizontal well with a length of 205 meters was drilled in a productive formation; hydraulic fracturing was performed. This drilling technology allows increasing the gas extraction area, and respectively, increasing the flow rate of the well.
By receiving an inflow of natural gas from the Khujum-4 well, the field’s contour has been expanded and its reserves have been increased, and the possibilities for supplying natural gas to the population of Uzbekistan are increasing, the company reported.
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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