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Epsilon obtains gas inflow from new Karakara well in Uzbekistan

Oil&Gas Materials 2 March 2020 10:12 (UTC +04:00)
Epsilon obtains gas inflow from new Karakara well in Uzbekistan

BAKU, Azerbaijan, Mar. 2

By Ilkin Seyfaddini – Trend:

The US Epsilon Development Company received a flow of 350,000 cubic meters of gas at new Karakara-2 production well, Trend reports citing the company's statement.

The company obtained the industrial inflow of natural gas after completion of drilling and multi-fracking at Karakara-2 well using gas condensate.

The work have been carried out in cooperation with Uzbekneftegaz.

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 at the Kultak-Kamashi, Mubarak, Surkhan, Ashibulak, Koskudyk and West Fergana blocks.

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Follow author on Twitter: @seyfaddini

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