Galkynysh Gas Field Explained

Galkynysh Gas Field
Location Map:Turkmenistan
Coordinates:37.3014°N 62.3586°W
Country:Turkmenistan
Region:Mary Province
Offonshore:Onshore
Operator:Türkmengaz
Discovery:2006
Est Gas Bcm:14000
Recover Gas Bcm:2800

The Galkynysh Gas Field, formerly known as Iolotan gas field or South Yolotan – Osman field, is a large natural gas field near Ýolöten in Mary Province of Turkmenistan. It is the world's second-largest gas field.[1]

History

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

In December 2009, the contracts to develop the field were awarded to CNPC, Hyundai Engineering and Petrofac.

In November 2011, the field was renamed as Galkynysh.[5] Production started in September 2013.[6]

Description

The gas field ranks among the world's five largest with estimated reserves of between 4and of natural gas and proven commercial reserves of .[7] [8] [9] It lies on 2700km2 zone of 90km (60miles) in length and 30km (20miles) in width in the depth of 3900to. Galkynysh consist of Iolotan, Minara, Osman and Yashlar fields.[5] Other nearby gas areas are Gunorta Garakel, Garakel, Giurgiu, Gazanly, Gundogar Eloten and Gunbatar Yandakly.[10]

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

Development

The field is developed by Türkmengaz. CNPC, Hyundai Engineering and Petrofac built gas processing plants.[11] [12]

Notes and References

  1. News: Rising China, sinking Russia . . 2013-09-14 . 2016-02-28.
  2. News: Turkmen leader claims massive new gas find . . 2006-11-02 . 2009-07-16.
  3. News: Turkmenistan gives CNPC $152 mln gas drilling deal . . 2006-11-21 . 2009-07-16.
  4. News: Independent Audit Shows Turkmen Gas Field 'World-Class' . Radio Free Europe/Radio Liberty. Bruce Pannier . 2008-10-14 . 2010-01-07.
  5. News: Turkmenistan's super-giant gas field renamed as "Galkynysh". Turkmenistan.ru. 2011-11-20. 2013-03-25.
  6. News: China asserts clout in Central Asia with huge Turkmen gas project. Marat. Gurt. Reuters. 2013-09-04. 2014-11-07.
  7. News: Turkmen gas reserves audit to continue in 2009 -GCA. Olzhas Auyezov. Reuters. 2008-10-31. 2009-05-12.
  8. News: Turkmenistan Gas Field Is One of World's Largest. Guy Chazan. The Wall Street Journal. 2008-10-16. 2009-07-16.
  9. News: Daly, J.C.K.. Iran in Turkmen natural gas fields, U.S. and Russia left out. Tehran Times. 2009-02-21. 2009-07-16.
  10. News: Turkmenistan discovers large gas fields in east of country. Trend Capital. 2009-06-26. 2009-07-16.
  11. News: S.Korea, China, UAE win Turkmen gas deal - sources. Dmitry Sergeyev; Robin Paxton. Reuters. 2009-12-29. 2010-01-23.
  12. News: Turkmenistan rapidly provides large Galkynysh gas field with necessary facilities. Trend Capital. 2013-04-19. 2013-04-25.