News

Yug-Neftegaz Private Limited сarried out 1,839 well workover operations and overcame the milestone of total incremental oil production of 3,000,000 tons.

On May 12 and 13, 2021, a two-day international investment forum "Oil and Gas of Turkmenistan - 2021" was held in Ashgabat. Within the framework of the forum, representatives of Yug-Neftegaz Private Limited held a number of meetings and negotiations.

Based on the 2020 year operating results, Yug-Neftegaz Private Limited has successfully completed workover works at 201 wells in Turkmenistan.

By the end of 2020, in accordance with the Amendment Agreement to the Contract No. T5-8-397 d.d. 05.17.2011, Yug-Neftegaz Private Limited has successfully completed drilling of six oil wells with a depth of 5000 m each at the North Goturdepe field.

In accordance with the Amendment Agreement to the Contract d.d. 05.17.2011 No. T5-8-397, on 05/01/2020, Yug-Neftegaz Private Limited successfully completed the drilling of first two oil wells.

To carry out the sidetracking works for operating and/or idle wells of the SC “Turkmenoil” in compliance with the Contract No. T5-8-397 d.d. 05/17/2011, Yug-Neftegaz Private Limited has delivered in Turkmenistan and commissioned 2 (two) new ZJ-15 mobile drilling rigs.

The International Road Show “Oil and Gas of Turkmenistan 2020” was held on February 24÷25 in the city of Dubai (the United Arab Emirates).

Yug-Neftegaz Private Limited successfully defended the 'Report on the results of CDPM 3D seismic survey the Barsagelmez Field in Western Turkmenistan on November 01, 2019 in Ashgabat (Turkmenistan).