Baku, Azerbaijan, Sept. 23
By Elena Kosolapova - Trend:
The resource base of Amangeldy group of gas fields is forecasted to increase by 18-20 billion cubic meters of natural gas and annual production will reach 550-650 million cubic meters in the upcoming years, Kazinform reported with the reference to Amangeldy Gas company.
The company produced 321.8 million cubic meters of gas and 21,800 metric tons of gas condensate in 2013. The target production for 2014 is set at 319 million. Thus far the company produced 210.8 million cubic meters of gas since the beginning of the year.
Gas production is carried out on 26 development wells.
The average daily volume of gas production at Amangeldy group of fields hit 871,000 cubic meters. Moreover the fields produce 55,000 metric tons of condensate which is supplied to Amangeldy gas processing plant.
Amangeldy Gas company conducts extensive exploration work in order to find new gas fields, and large-scale seismic surveys have revealed significant deposits of hydrocarbons in the region.
Edited by T.T.
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