Exploration work

The company said it carried out 2D and 3D seismic operations in 2009 and prepared 47 perspective structures for drilling. The company introduced 30 new fields to prospect drilling and completed construction of 78 wells. In the reporting period, 13 new fields were opened, of which five by Uzbekneftegaz and 8 by foreign companies.

The growth of hydrocarbons reserves made up 13.8%. In particular, reserves of hydrocarbons protected on nine deposits.

DeGolyer & MacNaughton (USA) confirmed reserves of natural gas and gas condensate at several fields at Ustyurt region.

Production drilling

Overall, construction of 105 production wells with total drilling volume of 263,800 meters was completed in 2009.

Hydrocarbons mining

The volume of mined natural gas and liquid hydrocarbons by Uzbekneftegaz enterprises, taking into account foreign investors, made up 85 million tonnes of standard coal in 2009.

Hydrocarbons processing

Gasoline production growth made up 8.9%, diesel fuel – 1.2% and aviation kerosene – 0.5% and oils – 6.7% in the reporting period.

The volume of liquefied gas production was 2.9% higher compared to planned volume and polyethylene – 3.6% and sulfur gas – 1.8%.

Industrial enterprises of oil and gas industry with volume of foreign investors within the PSAs produced goods for 6 trillion soums in 2009. Consumer goods for 476.5 billion soums were manufactured in 2009.

Localization Programme and Inter-industry cooperation

Uzbekneftegaz issued products for 65.1 billion soums within 38 projects of the Localization Programme in 2009. The growth rate made up 130.1%. The products for 61.2 billion soums were realized in the reporting period, which is up 108.4%.

Use of capital investments

Uzbekneftegaz national holding company realized 19 investment projects in 2009 and the volume of attracted resources made up 44.3% to forecast.

During the reporting period, 28 oil and 54 gas wells were constructed. The works on construction and assembly of booster stations at Dengizkul field gas pipeline from Surgil deposit with extension of 35.7 km and other projects was completed.