Oil production in Turkmenistan's Cheleken Peninsula grows

Oil&Gas Materials 28 May 2020 15:39 (UTC +04:00)

BAKU, Azerbaijan, May 28
By Jeila Aliyeva - Trend:

Oil production is growing on the Cheleken Peninsula of Turkmenistan, Trend reports with reference to a source from the oil and gas complex of Turkmenistan.

Oil production on this peninsula is carried out by specialists of Galkynyshnebit gas and oil production unit of Turkmennebit State Concern.

The use of modern technologies helps to increase the volume of hydrocarbon production. From January through April 2020, 15,161 tons of oil were extracted from the peninsula fields, which is 20 percent more than it was planned, and higher than it was during the same period of last year.

Currently, wells are being drilled at a depth from 1,200 to 2,750 meters. According to geologists, there are hydrocarbon deposits in the deeper layers of the peninsula.

According to the source, the work on the construction of wells №704 and №708 has been completed. Tubs with a capacity of storage from 50 through 100 cubic meters are installed near the wells with low productivity, to effectively use of the extracted oil.

In 2011, Dragon Oil (the UAE) oil and gas company has built a 30-inch oil-trunk pipeline on the Cheleken Peninsula, the source added.
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