BAKU, Azerbaijan, July 30
By Jeila Aliyeva - Trend:
Turkmenistan’s Turkmengeology State Concern is studying the geological structure of reservoirs, as well as working to identify hydrocarbon resources, Trend reports with reference to Nebit-Gas newspaper.
Based on the obtained results, it is planned to start preparing for drilling, the report says.
The volume of geophysical research and work on wells has increased significantly in 1H2020. In addition, exploration is currently underway in areas where oil and gas resources are believed to be available.
Work is being carried out simultaneously on the country's territory of the Malay gas field, as well as on the territory of Topazguy.
According to the plan, the first stage of exploration work on the territory of Topazguy should be completed by November 2020 and the next stage should begin.
As it was reported earlier, the initial total resources in the Turkmen sector of the Caspian Sea are currently estimated at 12.1 billion tons of oil and gas condensate.
At the same time, the country's gas reserves in the Turkmen sector of the Caspian Sea are estimated at 6.1 trillion cubic meters.
The total geological reserves of Turkmenistan amount to 71.2 billion tons of conventional fuel, of which 53 billion tons are resource reserves of deposits on land, and 18.2 billion tons are located within the Turkmen sector the Caspian Sea.
For 1H2020, the plan for oil and gas condensate production was exceeded by 7.6 percent, oil refining - by 2.6 percent, gasoline production – by 5.1 percent, diesel fuel – by 5.1 percent. The growth rate of liquefied gas production was exceeded by 12.2 percent.
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