Turkmenistan finds rich oil deposit - company
ASHGABAT. June 14 (Interfax) - Turkmenistan has discovered a highly productive oil reservoir in the offshore part of its Northern Goturdepe field in the Caspian Sea, Turkmen media said on Tuesday, citing state oil and gas company Turkmennebit.
Drilling in Well No. 147 in a bid to reach a depth of 4,400 meters produced a powerful oil fountain and would have an estimated daily yield of more than 800 tonnes. A reservoir discovered in February 2010 by deeper drilling in Well No. 29 in Northern Goturdepe's onshore part has a daily output of 300 tonnes.
Well No. 147 is the first well to have been drilled in the shallower part of Turkmenistan's waters.
Northern Goturdepe is the field where Turkmenistan has for the first time used the productivity-raising technique of drilling deep wells in different directions from the same point. Each well may have a deviation of between 300 and 400 meters from the wellhead.
In 2009, the Turkmen president issued a directive to speed up the development of Caspian oil and gas fields with the country's own resources. The Northern Goturdepe project is part of efforts to put the dictum into practice.
Turkmennebit is operating in 25 oil and gas fields.