Condor Energies Hits 5.3 MMscf/d in Uzbekistan Well Test, Expanding Kumli Field
Event summary
- Condor Energies' Kumli-45 vertical well in Uzbekistan tested at 5.3 MMscf/d (883 boe/d) with potential for higher rates post-stimulation.
- Well encountered 19.9 meters of net carbonate reservoir with porosity exceeding 20% in streaks.
- Company plans four additional horizontal wells targeting the same reservoir, with production expected later this month.
- Andakli-21 and Andakli-23 horizontal wells also set for acid stimulation and production by March 2026.
- Kumli NW structure identified via reprocessed 3D seismic data, indicating larger undrained area than previously modeled.
The big picture
Condor's successful well test validates its seismic data and geological model, positioning it to materially grow reserves and production in Uzbekistan. The discovery of the Kumli NW structure underscores the strategic value of reprocessed 3D seismic data in identifying untapped resources. As the company expands its drilling campaign, its ability to execute will be critical in maintaining momentum in Central Asia's energy sector.
What we're watching
- Execution Risk
- Whether Condor can sustain high flow rates post-stimulation and meet 2026 drilling campaign targets.
- Reserve Potential
- How the Kumli NW structure's undrained area will impact long-term reserves and production growth.
- Operational Efficiency
- The pace at which horizontal wells deliver on expected 2-4x production rates compared to vertical wells.
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