The State-owned Enterprise ‘Hazarnebit’, part of the ‘Türkmennebit’ State Concern, is increasing its hydrocarbon production and expanding the geographical scope of its operations. This is evidenced by production figures and the progress of field development, according to the website AsmanNews.

The company is modernising its production facilities and introducing new technologies. This is enabling it to increase production volumes from existing wells. At the same time, development of Caspian fields, including Eastern Cheleken, is continuing.

Due to geological exploration and production activities, the volume of oil sent for refining has increased. Specialists are also developing deeper reservoirs, which creates an additional resource for boosting production.

In the first three months of the year, the company produced over 36,000 tonnes of oil. The target has been exceeded by more than 100%. The figures are higher than those for the same period last year.

The work is carried out by the company’s specialists — engineers, geologists, mechanics and operators. Technical monitoring of the wells is carried out on an ongoing basis.