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.
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).
On October 22 ÷ 23, the XXIV International Exhibition and Conference “Oil and Gas of Turkmenistan 2019” was held in the capital of Turkmenistan, the city of Ashgabat.
On August 12 ÷ 13, 2019, the 1st Caspian Economic Forum took place in Turkmenistan. The event was held at the initiative of the President of Turkmenistan Gurbanguly Berdimuhamedow.
In accordance with the Amendment Agreement to the Contract d.d. 05.17.2011 No. T5-8-397, the first well drilling operations commenced on 20.06.2019 on the North Goturdepe oilfield.
Yug-Neftegaz Private Limited co-sponsored and took part in the 10th Turkmenistan Gas Congress TGC-2019, which was held in Avaza from the 21st to the 22nd of May, 2019.