Exploration work at the Goturdepe field will be carried out by a company registered in Singapore

At a meeting of the Cabinet of Ministers on September 16, Deputy Prime Minister Shakhym Abdrakhmanov , who is in charge of the oil and gas sector, reported on the state of affairs in the industry, the state information agency TDH reported .

The official presented to President Gurbanguly Berdimuhamedov a draft Resolution on seismic exploration in the Balkan zone of Western Turkmenistan, including in the eastern part of the Goturdepe field of the Turkmengeologia State Corporation - using the 3D method, as well as in the South Burun area - using the 2D method.

The head of state signed the document. Exploration and research will be carried out by Yug-Neftegaz Private Limited, incorporated in Singapore.

It should be noted that the official reported to the President about the holding of the tender and the chosen winner (but without specifying the company) to carry out work on this field back in June.

On November 26, 2020, Gurbanguly Berdimuhamedov signed a Resolution “On the conclusion of an additional agreement for the provision of services to increase the flow rate ( well flow rate - the volume of production produced from a well per unit of time - ed. ) Of oil wells in the Goturdepe oil and gas field. According to the document, Turkmenneft will conclude an additional agreement to the contract with Tatneft on the performance of services to increase the flow rate of wells at Goturdepe.

On December 18, 2020, President of Tatarstan Rustam Minnikhanov announced that the expansion of the Tatneft project in Turkmenistan, implemented jointly with the Turkmennebit State Concern, will additionally produce more than 770 thousand tons of oil.

The Goturdepe field is located 90 kilometers from the city of Balkanabat. Introduced into commercial development in 1959. The width of the oil-containing formations of the field ranges from 300 to 1500 meters, and the daily flow rate of wells was 300, reaching 600 tons of oil per day.

Source: Chronicles of Turkmenistan