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H.E. Wahidullah Shahrani Minister of Mines Government of the Islamic Republic of Afghanistan. APPEX London March 1, 2011. History of Oil & Gas Exploration in Afghanistan. Oil discovered in the 1930 ’ s in the area of Sar-i-Pul due to natural seepages.
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H.E. Wahidullah ShahraniMinister of MinesGovernment of the Islamic Republic of Afghanistan APPEX London March 1, 2011
History of Oil & Gas Exploration in Afghanistan • Oil discovered in the 1930’s in the area of Sar-i-Pul due to natural seepages. • First wells drilled in the Kashkari Block in 1957 by Swedish Engineers. • Development Drilling commenced in 1959 by the Soviets in the Angot Field with additional exploration leading to discovery of the Kashkari and Aq Darya Fields. Total of 322 wells drilled in Amu Darya Basin. • 2D seismic exists for some of Amu Darya Basin (focus on gas fields). • Extensive well reports (in Russian) and logs, some core samples are available. • Gravity and magnetics were used to locate potential traps. • Gas production has been approximately 2.2 TCF; currently gas production is for local use. • Oil has been produced only sporadically from Angot; Angot was recently put back into commercial production. • Afghan-Tajik Basin is much less well explored – fewer than 20 wells.
Amu Darya Tender Amu Darya Tender to consist of 3 blocks: Kashkari, Bazarkhami, and Zamarudsay With estimated oil reserves of over 75 MMBbl
Estimated Reserves By Oil Field SOURCE: USGS, Ministry of Mines, Gustavson
Kashkari Oilfield:Estimated Reserves SOURCE: Gustavson
Aq Darya Oilfield:Estimated Reserves SOURCE: Gustavson
Bazarkami Oilfield:Estimated Reserves SOURCE: Gustavson
Zamarudsay Oilfield:Estimated Reserves SOURCE: Gustavson
Amu Darya Oil Tender:Production Sharing Agreement Features of Agreement • Fixed % Royalty • Cost recovery before profit oil • Two tiers of profit sharing: • One percentage for known fields • One percentage for remainder of block • Consortia allowed to bid (operator must be qualified under Afghan Law)