Condor Energies has launched a multi-well drilling program in Uzbekistan because the Canadian unbiased appears to be like to broaden pure gasoline manufacturing and reserves throughout its portfolio in Central Asia.
The marketing campaign begins with a vertical properly concentrating on producing carbonate reservoirs and deeper stacked clastic and basement formations at round 3,000 meters. Drilling and analysis of the properly are anticipated to conclude in October 2025. Outcomes will information a 12-well horizontal program, with every properly forecast to provide 13–20 MMcf/d at a value of roughly $3.3 million as soon as the drilling studying curve is achieved.
The primary horizontal properly will function a 1,000-meter lateral, with potential for longer laterals as reservoir information dictates. Condor famous that horizontal properly efficiency is just not but mirrored in its reserves report, leaving scope for materials upgrades as soon as manufacturing information is captured.
To assist future drilling, the corporate is integrating 1,462 km² of reprocessed 3D seismic and inversion attributes, which has expanded its portfolio to 18 potential targets. Condor stated this might lengthen drilling exercise past 2026. Discussions are additionally underway to contract a second rig to speed up output.
Trying forward, the corporate is getting ready a subject compression venture slated for 2026 to offset rising pipeline pressures. Engineering research estimate compression might improve base manufacturing by 25% to 55%, with prices starting from $12 million to $20 million relying on configuration.
Condor’s Uzbek manufacturing averaged 10,284 boe/d by means of early September, regular with the earlier quarter. Output development is predicted to renew as soon as new wells are introduced on-line and compression services are put in.
Past Uzbekistan, Condor is advancing a modular LNG venture in Kazakhstan. Fabrication of its first plant stays on observe for completion by late 2025, with LNG output anticipated by the second quarter of 2026. The corporate finally plans to broaden manufacturing on the web site to 150,000 gallons per day.
The Uzbek drilling program is a part of Condor’s Manufacturing Enhancement Providers Contract (PEC) protecting eight standard gas-condensate fields. Condor holds 51% of the venture, whereas 49% is allotted to a non-controlling associate.
