Project Profile
Value: $250
Startup Year: 2013
The Kyzyloi Field Contract covers a 287 square kilometre (70,918 acre) area in the south of Kazakhstan, 65 kilometres to the north of the border with the Karalkalpak region of Uzbekistan and 55 kilometres to the north west of the Aral Sea. The field contains sweet natural gas (97% methane) reservoired in shallow sandstones, at a depth of approximately 500 metres. The Kyzyloi development involves production from eight already tested gas wells on the Kyzyloi & NE Kyzyloi Fields, with the addition of recent exploration discoveries. The Kyzyloi Field contract covers a 287 square kilometre (70,918 acre) area in southern Kazakhstan some 65 kilometres to the north of the border with the Karalkalpak region of Uzbekistan and 55 kilometres (to the north-west of the Aral Sea. The field contains sweet natural gas (97% methane) reservoired in shallow sandstones at a depth of approximately 500 metres (1,640 feet). The field will be tied nto the main Bukhara-Urals gas trunkline through a 60km pipeline.
Work is already being undertaken on the development of the shallow Kyzyloy field, which will be tied into the main Bukhara-Urals gas trunkline, via a 60km pipeline. The is significant exploration potential existing in the shallow section around Kyzyloy, with success on the first two exploration wells drilled, and further exploration wells are due to be drilled. There is potential at deeper levels which are thought to be similar to some of the large gas condensate fields just to the south in Uzbekistan. The seismic reprocessing and reinterpretation is underway to firm up drilling locations for these deeper prospects.
CanArgo commissioned a reserve study of the Kyzyloy field, which concludes that Kyzyloy contains SEC proved undeveloped natural gas reserves of some 30 billion cubic feet (0.9 billion cubic metres).
Exploration drilling is ongoing and tests have been positive. The company requires high specification drilling rigs with the capability of drilling to 4.9 km