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Uzbekistan

Uzbekistan Gas

Uz Gas Field Production Enhancement

Condor initiated operations of a Production Enhancement Services Contract in March 2024, and is the first Western strategic operating partner of the national holding company.

Highlights

10,000

boepd from 8 fields with over 100 wells

100

Well inventory provides abundant workover opportunities

19

Q3 2024 sales of gas and condensate

8

Producing gas-condensate fields

77

Active wells

39

Shut-in wells

  • Uz reservoirs are larger analogs of Western Canada’s Charlie Lake and Midale Platform Carbonates
  • Have already flattened +20% annual production decline with initial optimization efforts
  • +100 well inventory provides abundant workover opportunities to grow production and revenue streams with proven Western technologies
  • Condor’s established presence provides opportunities for continued growth in Uzbekistan

Production and cashflow growth using proven Western technology

Multiple current activities deployed to increase production rates and recovery factors.

  • Uzbekistan’s first ‘In-Line Field Separation’ was installed in early November and is operating
    • Separates liquids from gas streams in the field, allowing higher flow rates from gas reservoirs
  • Infill drilling and well deepening programs planned for 2025
    • Currently reprocessing 3-D seismic data to validate subsurface mapping and identify deeper targets
    • Evaluating proven multi-lateral well applications that could significantly enhance production rates and reserves
  • Multi-well workover program underway for +100 well inventory
    • Increasing gas rates by perforating bypassed pay zones, installing artificial lift, and downhole stimulation with modern equipment
    • Given program’s early successes, a 2nd w/o rig is now operating
  • Exceeding expectations on ‘Plunger lifts’ installed that remove wellbore fluids more effectively – 10 deployed to-date and being optimized