You are here

Tethys gathers seismic data for Tajikistan development

31st October 2014

Tethys Petroleum has commenced the next phase of the seismic acquisition programme planned to identify the location of the first deep well to be drilled in the Bokhtar PSC in Tajikistan

Tethys gathers seismic data for Tajikistan development
The recording of this new survey has now commenced.

Tethys, with partners Total and CNPC together as Bokhtar Operating Company, signed a contract to acquire a large seismic programme to add to the surveys already acquired by Tethys.

The recording of this new survey has now commenced.

"Tethys are pleased to see the start of this important and technically advanced survey designed to explore this very prospective acreage successfully," said Rosemary Johnson Sabine, Tethys vice president of exploration.

Processing of data from the survey will be concurrent so interpretation and mapping will be underway before the end of this year. This data set will assist in the identification of the best possible location to spud the first deep well by the end of 2015.

An Independent Resource Report of the Bokhtar PSC (dated June 30, 2012), prepared by Gustavson Associates in accordance with Canadian National Instrument 51-101, estimates Gross un-risked mean recoverable prospective resources of 27.5 billion barrels of oil equivalent, consisting of 114 trillion cubic feet (3.22 trillion cubic metres) of gas and 8.5 billion barrels of oil.

Tethys is focused on oil and gas exploration and production activities in Central Asia and the Caspian Region with activities currently in the Republics of Kazakhstan, Tajikistan and Georgia. This highly prolific oil and gas area is rapidly developing and Tethys believes that significant potential exists in both exploration and in discovered deposits.

 

 

Got a news tip? Email news@oilandgastechnology.net