TASHKENT, Uzbekistan, March 17. Uzbekneftegas
and the US-based Upwing Energy have explored the potential for
increasing production at low-yield gas wells through the
implementation of advanced technologies, Trend reports via the Uzbek company.
This issue was discussed during a meeting between Abdulgani
Sanginov, Chairman of the Board of Uzbekneftegas, and Herman
Artinian, President and CEO of Upwing Energy.
Meanwhile, it was noted that the sides had previously held
online negotiations in January this year, during which Upwing
Energy presented technological solutions aimed at boosting
production at low-efficiency wells. As part of the initial stage of
cooperation, specialists studied geological and technical data
required for further analysis.
During the meeting, the parties reviewed the results of the
preliminary assessment conducted on the basis of the provided data
and outlined the next steps for the implementation of the
project.
The sides emphasized their mutual interest in continuing
cooperation focused on increasing production volumes, improving the
efficiency of existing wells, and introducing innovative
technologies in the oil and gas sector.
Upwing Energy is a US technology company specializing in
solutions designed to enhance oil and gas production, particularly
at low-yield and mature wells. The company develops equipment and
digital technologies aimed at improving well performance and
reducing operating costs.
