Epsilon Finds More Gas in Uzbekistan
US-incorporated Epsilon Development announced on October 14 a gas and condensate discovery after drilling a well at the Kultak-Kamashi block in Uzbekistan's Kashkadarya region. The field, named Alouddin, contains 17.2bn m3 of gas and 1.07mn metric tons of condensate, Epsilon said in a statement.
Kultak-Kamashi was one of five blocks awarded to Epsilon to at the end of 2018. Citing an appraisal by DeGolyer & MacNaughton, the company estimates on its website that the blocks contain 560bn m3 in proved, probable and possible reserves. Some $4.8-5.2bn of capital expenditure will be required over the projects' lifetime, from exploration through to production, it says.
The Kultak-Kamashi, Mubarek and Surkhan blocks have already entered production, while Koskudyk-Ashibulak and West Fergana are still at the planning phase.