TASHKENT, Uzbekistan, April 17. Uzbekneftegaz
and CNPC XIBU Drilling Engineering Company have signed a contract
to drill 30 exploratory wells in the Ustyurt region between 2026
and 2028, Trend
reports via the Uzbek company.
The agreement is being implemented in line with priority tasks
set by President of Uzbekistan Shavkat Mirziyoyev, aimed at
improving well efficiency, introducing advanced technologies in
hydrocarbon production, and strengthening cooperation with
international partners to adopt modern technological solutions.
The initiative also focuses on expanding geological exploration,
identifying new promising areas, and bringing them into
development.
As part of the project, drilling operations will target newly
identified promising sites in the Ustyurt region, with planned well
depths ranging from 5,500 to 6,000 meters. The objective is to
explore hydrocarbon reserves in formations characterized by
abnormally high pressure and temperature.
According to the statement, the cooperation is expected to
elevate geological exploration to a new stage and significantly
strengthen the country’s resource base.
