Kazakhstan approves extension to Tethys’ Kyzyloi contract

Kazakhstan’s Ministry of Oil & Gas has approved a 15-year extension to the Kyzyloi gas production contract belonging to Tethys Petroleum Ltd.

The company is currently producing gas in the shallow Kyzyloi sandstone in the 287-sq-km contract area in Kazakhstan northwest of the Aral Sea. Tethys plans to continue producing from the area as the contract continues.  

Kyzyloi, discovered in 1967, started production in 2007 (OGJ Online, Dec. 27, 2007). As of Dec. 31, 2013, the field’s proved reserves total 2.9 billion cu ft with 8 wells producing.

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


Maximizing Operational Excellence

In a recent survey conducted by PennEnergy Research, 70% of surveyed energy industry professional...

Leveraging the Power of Information in the Energy Industry

Information Governance is about more than compliance. It’s about using your information to drive ...

Reduce Engineering Project Complexity

Engineering document management presents unique and complex challenges. A solution based in Enter...

Revolutionizing Asset Management in the Electric Power Industry

With the arrival of the Industrial Internet of Things, data is growing and becoming more accessib...