Karakul Investment Block is a producing conventional gas field located onshore Uzbekistan and is operated by New Silk Road Oil and Gas. According to GlobalData, who tracks more than 34,000 active and developing oil and gas fields worldwide, the field is located in block Karakul. Buy the profile here.
Field participation details
The field is owned by China National Petroleum and Uzbekneftegaz National Holding.
Production from Karakul Investment Block
The Karakul Investment Block conventional gas field recovered 25.57% of its total recoverable reserves, with peak production in 2020. The peak production was approximately 0.14 thousand bpd of crude oil and condensate and 95.00 Mmcfd of natural gas. Based on economic assumptions, production will continue until the field reaches its economic limit in 2068. The field currently accounts for approximately 2% of the country’s daily output.
Remaining recoverable reserves
The field is expected to recover 71.80 Mmboe, comprised of 0.70 Mmbbl of crude oil & condensate and 426.59 bcf of natural gas reserves. Karakul Investment Block conventional gas field reserves accounts 0.02% of total remaining reserves of producing conventional gas fields globally.
For more details on the Karakul Investment Block Conventional Gas Field, buy the profile here.
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GlobalData, the leading provider of industry intelligence, provided the underlying research used to produce this article.
This information is drawn from GlobalData’s Oil & Gas Intelligence Center, which provides detailed profiles of 34,000+ oil and gas fields, 400,000+ exploration blocks, 1,100+ LNG terminals, 3,400+ gas processing plants, 5,000+ storage terminals, and 8,000+ pipelines, 1,400+ refineries and 13,000+ petrochemical plants worldwide.
