Asset Report
M25
*Please note that this report only includes an Excel data file if this is indicated in "What's included" below
Report summary
A Russian-led consortium operates the giant M25 acid gas field in south Uzbekistan, close to the border with Afghanistan. A PSC was awarded in 2017 for M25 and the surrounding block (Independence of Uzbekistan). The field was formerly known as Gadzhak.An initial US$2.3 billion (2025 terms) investment project is under execution, following FID in 2019. This includes M25 Early Gas and Phase One, which centre on commissioning of a large gas processing plant (GPP). The GPP will have capacity to ...
Table of contents
- Summary
- Key Issues
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Current PSC (2017 onwards)
- Naming convention
- Ownership
- Operator
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Historical participation
- Baisun PSC (2010-15)
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M25
- Jurassic reservoirs
- Cretaceous reservoirs
- Kognisai
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Historical E&A activity
- Soviet era
- Baisun PSC (to 2015)
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Current PSC (2017 onwards)
- M25 appraisal
- Surrounding block
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M25
- Reported data
- Modelling
- Kognisai
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Gas
- Overview
- Development phases
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Liquids
- Key development metrics
- 11 more item(s)...
Tables and charts
This report includes the following images and tables:
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Index mapM25 mapGas quality
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Key recent and planned E&A wellsDiscovery summaryReserves (2P) at 01/01/2026Contingent Resources (2C) at 01/01/2026Production (2025-2034)Capital Costs Pre-2019 to 2025 (US$ million)Cash Flow (US$)PV Table (US$)Summary Table (US$)
- 8 more item(s)...
What's included
This report contains:
