Asset Report

Cheleken Contract Area

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Dragon Oil, a subsidiary of Emirates National Oil Company (ENOC, United Arab Emirates), operates the offshore Cheleken Contract Area. This is Turkmenistan's largest oil production asset, with gross output of around 60,000 b/d in 2023-24.The Dzheitune and Dzhygalybeg fields are often referred to by their old Soviet names of Lam (Dzheitune) and Zhdanov (Dzhygalybeg). They lie 10-40 kilometres offshore and have been developed with fixed platforms.To date, Dragon Oil has invested more than ...

Table of contents

  • Summary
  • Key Issues
    • PSC extension
    • Dragon Oil and Emirates National Oil Company (ENOC)
    • Historical participation (pre-PSC)
  • Naming convention
    • Structures
    • Reservoirs
  • Dzheitune (Lam)
  • Dzhygalybeg (Zhdanov)
  • Hydrocarbon quality
    • Pre-PSC E&A activity (Larmag-Cheleken JV (1993-99))
    • Historical Dragon Oil E&A activity (2000 onwards)
    • Recent and future E&A activity
    • Status
    • Activity
    • Historical production
    • Recent and future production
    • Contractual framework
  • 12 more item(s)...

Tables and charts

This report includes the following images and tables:

  • Index map
  • Cheleken Contract Area map
  • Dzheitune reservoir quality
  • Dzhygalybeg reservoir quality
  • Oil quality
  • Gas quality
  • Discovery summary
  • Cash Flow (US$)
  • PV Table (US$)
  • Summary Table (US$)
  • Split of Revenues
  • Cumulative Net Cash Flow - Undiscounted
  • 10 more item(s)...

What's included

This report contains:

  • Document

    Cheleken Contract Area

    XLS 1.01 MB

  • Document

    Cheleken Contract Area

    PDF 2.32 MB