«Mitro International Limited» is a silver partner of the XXVII International Conference «Oil and Gas of Turkmenistan»


04 October 2022

Mitro International Limited is a silver partner of the XXVII International Conference and Exhibition «Oil and Gas of Turkmenistan» (OGT – 2022), which will be held on October 26-28 in Ashgabat, the organizer of the upcoming forum reports.

 Established in 2000, Mitro International Limited aims to invest in oil activities in the oil and gas sector of Turkmenistan, in particular in the field of prospecting, exploration and development of oil and gas fields.

 In June 2000, a Production Sharing Agreement (PSA) was signed in relation to the development of the Khazar contractual territory – the East Cheleken field. A year later, Mitro International Limited became a full participant in the Khazar PSA project and since that moment has been successfully operating in Turkmenistan for the development and development of the East Cheleken field.

Mitro International Limited has experience in preparing and implementing integrated maintenance and workover programs using various types of stimulation technologies. In addition, the company has experience in waterproofing, elimination of reservoir and behind-the-casing crossflows and re-development of wells using coiled tubing units (coiled tubing) and Nitrogen Unit.

 Mitro International Limited pays considerable attention to modern methods of exploration of deposits and wells. During the development of the project, more than 70 wells were built at the field, and experience was gained in the construction of horizontal wells.

 The Mitro International Limited company has experience of successful cooperation with a number of service companies, such as Continental Industrial Supply, Schlumberger, Vetco Gray, Weatherford, Baker Hughes, and also constantly uses a number of organizations of the oil and gas complex of Turkmenistan in its services, which provide high-quality services within the framework of current project and perform certain types of oilfield service work.

The following facts speak about the effective operation of the company:

 Since the beginning of the project, more than 760 million US dollars have been invested.

 The accumulated volume of crude oil production is more than 5,900,000 tons.

 The share of the state amounted to more than 2,845,303 tons.

 More than 70 new wells have been drilled, while the operating well stock is more than 80% of the existing wells.

 At the East Cheleken field, more than 30 well workover operations are performed annually, well swabbing units, wax removal technology from tubing lifts (tubing pipes), a nitrogen unit and a coiled tubing unit (Coiled Tubing) are widely used.

 To intensify production at the East Cheleken field, mechanized methods of operation are used, using electric centrifugal pumps and sucker rod pumps, which are increasingly being used.

 In order to increase production from the layers of the lower red color, it is planned to carry out hydraulic fracturing (hydraulic fracturing) with subsequent oil production using ESPs (installations of electrically driven centrifugal pumps).