Tethys to invest $8 million in Tajikistan

Eric Watkins
Senior Correspondent

LOS ANGELES, Nov. 5 -- Tethys Petroleum Ltd., Toronto, expects to invest an initial $8 million in Tajikistan, according to company Pres. David Robson, who said the firm would begin work in Beshtentyak, Pushion, and Khoja Sartez oil and gas fields by yearend.

"Currently, we have licenses to develop these fields," Robson said. "The agreement signed between Tethys and the Southern Oil & Gas Exploration State Unitary Enterprise (SOG) was fully supported by the Tajik ministry of energy and industry."

He said Tethys Tajikistan Ltd., Dushanbe, would begin work on the fields within the next 2 months.

In September, Tajikistan reported that Tethys would begin rehabilitation and further exploration of Beshtentyak oil and gas field in southern Tajikistan (OGJ Online, Sept. 21, 2007).

At the time, Tethys said its subsidiary had signed an investment and operating agreement with SOG relating to fields in southern Tajikistan, including Beshtentyak, Uznohor, and South Pushion oil fields and Khoja Sartez gas-condensate field.

The agreement allows Tethys to commence initial production operations in the Kulob area, including perforating and reperforating wells, sidetracking and working over some wells, upgrading facilities, wellbore treatment, and other work.

Tethys plans further exploration in the Kulob area.

Contact Eric Watkins at hippalus@yahoo.com.

Related Articles

ExxonMobil resumes drilling from Point Thomson near ANWR

03/12/2015 Following years of legal wrangling, ExxonMobil Corp. has resumed drilling in the high-pressure Point Thomson gas-condensate field on Alaska’s North...

Supporters, as well as critics, call for RFS reforms

03/12/2015 Calls to reform the federal Renewable Fuels Standard increased as critics and supporters alike said it is not working as it was intended. Its corn ...

Petrobras launches early production system from Buzios field

03/12/2015 The startup of an early production system by Petroleo Brasileiro SA (Petrobras) from Buzios field in the Santos basin represents the first large-sc...

RIL’s Jamnagar refining complex due for maintenance

03/12/2015 Reliance Industries Ltd. (RIL), Mumbai, will undertake a month-long, planned maintenance turnaround beginning in mid-March at its 1.24 million-b/d ...

Oil Climate Index measures 30 global crudes’ environmental impacts

03/12/2015 Researchers at the Carnegie Endowment for International Peace, Stanford University, and the University of Calgary unveiled the first Oil Climate In...

Husky reports start of production from Sunrise oil sands project

03/11/2015 Husky Energy Inc., Calgary, reported the start of production at the first of two 30,000-b/d plants at the in situ Sunrise Oil Sands Project in nort...

ADCO lets contract for UAE crude processing plant

03/11/2015 Abu Dhabi Co. for Onshore Oil Operations (ADCO), through a subcontractor, has let a contract to Al Hassan Engineering Co. Abu Dhabi LLC to provide ...

Premier starts gas production from Pelikan offshore Indonesia

03/11/2015 Premier Oil PLC reported the start of natural gas production from Pelikan field on Natuna Sea Block A offshore Indonesia. This follows start of gas...

Gazprom Neft begins drilling on Kuvayskoye license

03/11/2015

Gazprom Neft Orenburg has started drilling a wildcat well on the 140-sq-km Kuvayskoye license in Russia’s Orenburg Oblast.

White Papers

Pipeline Integrity: Best Practices to Prevent, Detect, and Mitigate Commodity Releases

Commodity releases can have catastrophic consequences, so ensuring pipeline integrity is crucial for p...
Sponsored by

AVEVA’s Digital Asset Approach - Defining a new era of collaboration in capital projects and asset operations

There is constant, intensive change in the capital projects and asset life cycle management. New chall...
Sponsored by

Transforming the Oil and Gas Industry with EPPM

With budgets in the billions, timelines spanning years, and life cycles extending over decades, oil an...
Sponsored by

Asset Decommissioning in Oil & Gas: Transforming Business

Asset intensive organizations like Oil and Gas have their own industry specific challenges when it com...
Sponsored by

Squeezing the Green: How to Cut Petroleum Downstream Costs and Optimize Processing Efficiencies with Enterprise Project Portfolio Management Solutions

As the downstream petroleum industry grapples with change in every sector and at every level, includin...
Sponsored by

7 Steps to Improve Oil & Gas Asset Decommissioning

Global competition and volatile markets are creating a challenging business climate for project based ...
Sponsored by

The impact of aging infrastructure in process manufacturing industries

Process manufacturing companies in the oil and gas, utilities, chemicals and natural resource industri...
Sponsored by

What is System Level Thermo-Fluid Analysis?

This paper will explain some of the fundamentals of System Level Thermo-Fluid Analysis and demonstrate...
Available Webcasts


The Alternative Fuel Movement: Four Need-to-Know Excise Tax Complexities

When Thu, Jun 4, 2015

Discussion on how to approach, and ultimately embrace, the alternative fuel market by pulling back the veil on excise tax complexities. Taxes may be an aggravating part of daily operations, but their accuracy is crucial in your path towards business success.

register:WEBCAST



On Demand

Prevention, Detection and Mitigation of pipeline leaks in the modern world

Thu, Apr 30, 2015

Preventing, detecting and mitigating leaks or commodity releases from pipelines are a top priority for all pipeline companies. This presentation will look at various aspects related to preventing, detecting and mitigating pipeline commodity releases from a generic and conceptual point of view, while at the same time look at the variety of offerings available from Schneider Electric to meet some of the requirements associated with pipeline integrity management. 

register:WEBCAST


Global LNG: Adjusting to New Realities

Fri, Mar 20, 2015

Oil & Gas Journal’s March 20, 2015, webcast will look at how global LNG trade will be affected over the next 12-24 months by falling crude oil prices and changing patterns and pressures of demand. Will US LNG production play a role in balancing markets? Or will it add to a growing global oversupply of LNG for markets remote from easier natural gas supply? Will new buyers with marginal credit, smaller requirements, or great need for flexibility begin to look attractive to suppliers? How will high-cost, mega-projects in Australia respond to new construction cost trends?

register:WEBCAST


US Midstream at a Crossroads

Fri, Mar 6, 2015

Oil & Gas Journal’s Mar. 6, 2015, webcast will focus on US midstream companies at an inflection point in their development in response to more than 6 years shale oil and gas production growth. Major infrastructure—gas plants, gathering systems, and takeaway pipelines—have been built. Major fractionation hubs have expanded. Given the radically changed pricing environment since mid-2014, where do processors go from here? What is the fate of large projects caught in mid-development? How to producers and processors cooperate to ensure a sustainable and profitable future? This event will serve to set the discussion table for the annual GPA Convention in San Antonio, Apr. 13-16, 2015.

This event is sponsored by Leidos Engineering.

register:WEBCAST


Emerson Micro Motion Videos

Careers at TOTAL

Careers at TOTAL - Videos

More than 600 job openings are now online, watch videos and learn more!

 

Click Here to Watch

Other Oil & Gas Industry Jobs

Search More Job Listings >>
Stay Connected