BAKU, Azerbaijan, Feb. 18
By Ilkin Seyfaddini – Trend:
The US Epsilon Development Company received daily flow of 500,000 cubic meters of gas at Nazarkuduk-2 production well and 120,000 cubic meters of gas at Talimarjon-5 well of the Kultak-Kamashi investment block of Uzbekistan, Trend reports referring to the company.
The hydraulic fracturing was carried out jointly with Uzbekistan's Uzbekneftegaz JSC oil and gas company.
After completion of drilling, the company obtained an industrial inflow of natural gas. This drilling technology allows increasing the gas extraction area, and respectively, increasing the flow rate of the well.
The main activities of Epsilon are prospecting, exploration, production and transportation of hydrocarbons and flare gas and oil; construction of industrial facilities; and 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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