CNPC discovers major gas field in Turkmenistan

A major gas field has been discovered by China National Petroleum Corporation (CNPC) in its Block B concession in eastern Turkmenistan. The discovery was made by its Turkmenistan subsidiary CNPC Amu Darya River Natural Gas Corp. on the Oja-21 exploration well. The well was drilled on the right bank of the Amu Darya River. Under test the well flowed at a rate of 50.82 Mcfd of natural gas and 227.7 bpd of condensate; the tests also indicated that the reserves of more than 3.53 Tcf have the potential of becoming a highly productive field.

This is the second significant gas field discovery by CNPC in the Bagtyyarlya area of Turkmenistan's Lebapsk region's Khodzhambask District. CNPC reported a 2.57-Tcf find in June at Agayra. It has been reported that CNPC has invested about US$1.5 billion in Bagtyyarlyk.