US-incorporated Epsilon Development has reported yet another gas discovery in Uzbekistan following completion and testing of exploration well Alouddin-4 on the Kultak-Kamashinsky block in the Kashkadarya region.
The well flowed at a daily rate of 100,000 cubic metres of gas, with the company estimating recoverable reserves of the new payzone at 17 billion cubic metres of gas and 3 million barrels of condensate.
The company has announced nine oil and condensate discoveries at its blocks in Uzbekistan since January, adding total reserves of 39 Bcm of gas and almost 7 million barrels of condensate to its portfolio.
Proven and probable reserves under its control are now assessed at 122 Bcm of gas and 41 million barrels of condensate, a company spokesperson said.
The speedy conversion of exploration wells into producers has helped Epsilon to increase its average daily gas production to 6 million cubic metres in October as against 5.3 MMcmd in the first quarter, according to the spokesperson.
Epsilon started exploration and development work in Uzbekistan in the beginning of 2019 after receiving licences for five onshore blocks — Kultak-Kamashinsky, Surkhansky, Mubareksky, West Fergansky and Ustyurtsky — located in the southwestern part of Uzbekistan.
According to the Uzbekistan's Energy Ministry, total gas production slipped by almost 20% to below 45 billion cubic metres between January and September, as gas exports were halted to Russia and considerably reduced to China.