1. Kazakhstan
They have 3 fields currently under development:
• One oil field producing 4000 b/d at 2500 m depth, close to the Aral Sea & they are trucking the Oil 250 km to the city of SHALKAR.
Note: they have storage facilities at both ends.
• 2 gas fields at 500 m depth mostly methane(at 99.9%).
• They plan to drill 2 more Oil wells & 2 more gas wells in 2013.
• They have another prospect in Kulbas in the North West of the Country & it is likely Gas condensate. Seismic is in 2014 & drilling early 2015.
2. Tajikistan
• Tethys has 1 exploration license covering an area of 34000 Sq km under PSC for 5 years.
• Tethys made a deal to be signed in August 2013 with Total & CNPC with 33% each involving a cash investment fund of 60 M USD.
• It is more gas condensate(similar to the one in Yoloten-Turkmenistan) for about 100 TCF about 27 B barrels of reserves estimated.
3. Uzbekistan
• They have taken an existing field (north in Urtabulak) & they have started slowly with 100 b/d.
• They have been offered a field close to the border with Turkmenistan at Chegana under an PEC (Production enhancing Contract). They would spend the CAPEX & get 50 % of production with NO taxation.
• TETHYS have their Operations HQ in Dubai & the office for Exploration / Geology is in London
• Development in the CIS countries is done out of Dubai
Prospects you may be interest of: They do have coming a small tender (about 10 M USD) for a Glycol Dehydration Unit + Compressors + 13 km (16 inch) export pipeline
They have 3 fields currently under development:
• One oil field producing 4000 b/d at 2500 m depth, close to the Aral Sea & they are trucking the Oil 250 km to the city of SHALKAR.
Note: they have storage facilities at both ends.
• 2 gas fields at 500 m depth mostly methane(at 99.9%).
• They plan to drill 2 more Oil wells & 2 more gas wells in 2013.
• They have another prospect in Kulbas in the North West of the Country & it is likely Gas condensate. Seismic is in 2014 & drilling early 2015.
2. Tajikistan
• Tethys has 1 exploration license covering an area of 34000 Sq km under PSC for 5 years.
• Tethys made a deal to be signed in August 2013 with Total & CNPC with 33% each involving a cash investment fund of 60 M USD.
• It is more gas condensate(similar to the one in Yoloten-Turkmenistan) for about 100 TCF about 27 B barrels of reserves estimated.
3. Uzbekistan
• They have taken an existing field (north in Urtabulak) & they have started slowly with 100 b/d.
• They have been offered a field close to the border with Turkmenistan at Chegana under an PEC (Production enhancing Contract). They would spend the CAPEX & get 50 % of production with NO taxation.
• TETHYS have their Operations HQ in Dubai & the office for Exploration / Geology is in London
• Development in the CIS countries is done out of Dubai
Prospects you may be interest of: They do have coming a small tender (about 10 M USD) for a Glycol Dehydration Unit + Compressors + 13 km (16 inch) export pipeline
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