Iolotan Gas Field

Iolotan Gas Field
Location of Iolotan Gas Field
Country Turkmenistan
Region Mary Province
Offshore/onshore Onshore
Coordinates
Operator(s) Türkmengaz
Field history
Discovery 2006
Production
Estimated gas in place (billion cubic meters) 14000
Recoverable gas (billion cubic meters) 2800

Ýolöten Gas Field (also spelled as Iolotan, Yolotan or Ýolöten field; also known as South Yolotan – Osman field or South Iolotan – Osman field) is a large natural gas field near Ýolöten in Mary Province of Turkmenistan.

Contents

History

The discovery of the gas field was announced on 2 November 2006.[1] Late Turkmen president Saparmurat Niyazov invited Chinese CNPC and Turkish Çalik Enerji to participate in the exploration and development of the Ýolöten field.[2] In 2008, the gas field was audited by Gaffney, Cline & Associates.[3][4] According to Gaffney, Cline and Associates (GCA), Yolotan is five times larger than Dauletabad and fourth or fifth largest gas field in the world.[5]

In December 2009, the contracts to develop the field were awarded to CNPC, South Korea's LG International and Hyundai Engineering and the UAE's Petrofac Emirates. While CNPC and Petrofac Emirates will be responsible for gas production, a consortium of LG International and Hyundai Engineering will build a gas processing plant by the third quarter of 2012.[6]

Description

The gas field ranks among the world's five biggest with estimated reserves of between 4 and 14 trillion cubic metres (140×10^12 and 490×10^12 cu ft) of natural gas, and proven commercial reserves of 2.8 trillion cubic metres (99×10^12 cu ft).[3][4][7] It lies on 2,700 square kilometres (1,000 sq mi) zone of 90 kilometres (56 mi) in length and 30 kilometres (19 mi) in width in the depth of 3,900 to 5,100 metres (12,800 to 16,700 ft). The Ýolöten field is bordered with the Minara field in north, Osman field in south, and Yashlar field in east. Other nearby gas areas are Gunorta Garakel, Garakel, Giurgiu, Gazanly, Gundogar Eloten and Gunbatar Yandakly.[8]

Oil reserves are 300 million tons. The crude oil extracted at Ýolöten is transported to the Seýdi Oil Refinery.

Development

The field is developed by Türkmengaz.

References

  1. ^ "Turkmen leader claims massive new gas find". Reuters. 2006-11-02. http://uk.reuters.com/article/idUKL0283934720061102?sp=true. Retrieved 2009-07-16. 
  2. ^ "Turkmenistan gives CNPC $152 mln gas drilling deal". Reuters. 2006-11-21. http://uk.reuters.com/article/idUKL2177633120061121?sp=true. Retrieved 2009-07-16. 
  3. ^ a b Olzhas Auyezov (2008-10-31). "Turkmen gas reserves audit to continue in 2009 -GCA". Reuters. http://www.reuters.com/article/rbssOilGasExplorationProduction/idUSLV21594720081031?sp=true. Retrieved 2009-05-12. 
  4. ^ a b Guy Chazan (2008-10-16). "Turkmenistan Gas Field Is One of World's Largest". The Wall Street Journal. http://online.wsj.com/article/SB122409510811337137.html. Retrieved 2009-07-16. 
  5. ^ Bruce Pannier (2008-10-14). "Independent Audit Shows Turkmen Gas Field 'World-Class'". Radio Free Europe/Radio Liberty. http://www.rferl.org/content/Independent_Audit_Shows_Turkmen_Gas_Field_WorldClass_/1329822.html. Retrieved 2010-01-07. 
  6. ^ Dmitry Sergeyev; Robin Paxton (2009-12-29). "S.Korea, China, UAE win Turkmen gas deal - sources". Reuters. http://uk.reuters.com/article/idUKLDE5BS1CR20091229?sp=true. Retrieved 2010-01-23. 
  7. ^ Daly, J.C.K (2009-02-21). "Iran in Turkmen natural gas fields, U.S. and Russia left out". Tehran Times. http://www.tehrantimes.com/index_View.asp?code=189709. Retrieved 2009-07-16. 
  8. ^ "Turkmenistan discovers large gas fields in east of country". Trend Capital. 2009-06-26. http://en.trend.az/capital/ocuntries/turkmenistan/1494593.html. Retrieved 2009-07-16.