New Gas Reserves Discovered in Turkmenistan

A new potential natural gas reserves has been discovered in Turkmenistan’s Bagley-1 area in Karakum desert located in Mary province, according to Neutral Turkmenistan newspaper.

A gas flow was observed from the first exploration well which reached 4,690 meters. The daily gas output at the new field exceeds one and a half million cubic meters, the newspaper reported last week.

The new field is located a close to giant Galkynysh field.

Turkmenistan’s hydrocarbon reserve is estimated at 71.2 billion metric tons of oil equivalent, of which 18.2 billion metric tons account for the licensed offshore blocks in the Turkmen sector of the Caspian Sea.