Uzbekistan: Tethys eyes study of North Ustyurt blocks

By OGJ editors

Tethys Petroleum Ltd. and Uzbekistan’s state Uzbekneftegaz have signed a memorandum of understanding that provides the framework for a joint study and the negotiation process for an exploration agreement relating to certain exploration blocks in the North Ustyurt basin in Uzbekistan.

The company did not identify the blocks to be studied. Tethys Petroleum said its extensive modeling of the Doris oil discovery and surrounding area can be very useful if applied to the Uzbek portion of the basin that has similar geological characteristics and excellent oil and gas prospectivity.

Did You Like this Article? Get All the Energy Industry News Delivered to Your Inbox

Subscribe to an email newsletter today at no cost and receive the latest news and information.

 Subscribe Now

Whitepapers

Logistics Risk Management in the Transformer Industry

Transformers often are shipped thousands of miles, involving multiple handoffs,and more than a do...

Secrets of Barco UniSee Mount Revealed

Last year Barco introduced UniSee, a revolutionary large-scale visualization platform designed to...

The Time is Right for Optimum Reliability: Capital-Intensive Industries and Asset Performance Management

Imagine a plant that is no longer at risk of a random shutdown. Imagine not worrying about losing...

Going Digital: The New Normal in Oil & Gas

In this whitepaper you will learn how Keystone Engineering, ONGC, and Saipem are using software t...