Project Profile
Value: US$200
Reserves: 6.9 billion cubic metres of natural gas and 330,000 tonnes of condensate
Startup Year: 2011
The project involves the exploration of a gas and condensate field in southwest of Uzbekistan.
Zeromax recorded a commercial condensate gas discharge (inflow) as a result of exploration tests at wells number 3 and 6 at the Nishan field.
Exploration drilling is being carried out in accordance with the agreement between Uzbekneftegaz national holding company, the Uzbek state energy company, and Zeromax on the oil and gas exploration within Eastern Kultak - Northern Nishan Kamashi Investment Unit of Bukhara - Khiva oil & gas bearing region of the Republic of Uzbekistan Project.
The State Geology and Mineral Resources Committee had earlier licensed Zeromax the right to use the subsurface area for a five-year geological study of Eastern Kultak.
Operators:
Uzbekneftegaz
Zeromax