Australian DUG to begin processing 3D seismic survey data in Uzbekistan
Ustyurt Operating Company has signed a contract with Australian DUG for the processing of 3D seismic survey results in Uzbekistan.
The surveys were conducted over an area of 3,300 square kilometers, reports Interfax. UOC announced the completion of data collection within tight deadlines and the high quality of the results in a company social media post. This seismic survey became one of the most technologically advanced in Central Asia due to the high density of observations.
Analysis of the collected data will allow for the study of the geological structure of the subsurface, the identification of promising areas, and the assessment of the potential of oil and gas fields. The research is being conducted as part of a large-scale project to develop the hydrocarbon resources of the Ustyurt region.
Australian DUG specializes in seismic processing and interpretation, develops software, and utilizes high-performance computing. Its divisions operate in Australia, the United Kingdom, the USA, Malaysia, the UAE, and Brazil.
Exploration work covers six investment blocks. According to preliminary estimates, this territory may contain up to 100 million tons of oil and 35 billion cubic meters of gas. However, the presence of commercial reserves has yet to be confirmed.
If exploration results are positive, partners will be able to proceed to the next stage of field development and preparation for production. The total investment in the oil and gas project is estimated at $2 billion.
