Why is this important
This is a technological breakthrough: drilling at such depths is a new level in the exploration of subsoil and extraction capabilities. The new deposit can strengthen Uzbekistan’s energy independence and support for export opportunities.
The discovery of rich mineral reserves in the region, including metals, makes Ustyurt a strategic region for the long term.
What happened
- A 6.5 kilometer deep well was drilled for the first time in the history of Uzbekistan’s oil and gas industry.
- Before this, the research was conducted at depths of 2.5-3 kilometers.
- The discovered gas deposits on the Ustyurt Plateau are described as large, although the exact volume of reserves has not yet been disclosed.
- Besides gas, the region is rich in technological minerals: it is stated that 10-15% of the world’s reserves of tungsten, molybdenum, zinc, and titanium could be located in Central Asia, including this region.
- According to the National Statistics Committee, gas production in the first seven months of this year amounted to 25.3 billion cubic meters, a 3.4% decrease compared to the same period last year.
What they say
President Mirziyoyev emphasized that to transform natural resources into high-value-added products, science, knowledge, and innovation are necessary.
This event is an important step towards expanding geological exploration and developing ultra-deep layers.
Context
The Ustyurt region has long been considered a promising oil and gas area. Agreements with SOCAR and other partners on the product sharing agreement confirm the growing interest in its development.
The volume of gas production in Uzbekistan has slightly decreased in recent months, which increases the relevance of new sources. The opening of an ultra-deep well can take 1-3 years before the start of industrial operation and connection to the gas transportation system.
