(WO) – Condor Energies set a production record of 18,631 boed in Uzbekistan from Nov. 1 to Nov. 11, mainly from newly completed and tied-in wells. Third-quarter output averaged 16,693 boed, including 97.4 MMscfd of gas and 453 bpd of condensate. That was up 20% from the second quarter and 67% from a year earlier, and third-quarter gas and condensate sales rose 24% from the previous quarter to C$33.6 million.
Condor operates a production enhancement contract with JSC Uzbekneftegaz covering eight conventional gas-condensate fields over 282 km² (109 mi²), with 78 producing wells. It has drilled and completed 11 wells so far this year and plans up to four more by year-end.
In October, the Andakli-22 horizontal well, drilled outside existing mapped structural closures, tested at 6.0 MMscfd (1,000 boed) over eight hours after acid stimulation. The well reached 3,455 m (11,335 ft) measured depth with a 1,127-m (3,698-ft) lateral. Condor said the result shows commercially recoverable gas can be produced outside conventional four-way closures, potentially opening significant new acreage at Andakli. It plans numerous follow-up wells there in 2027.
At North Syuzma, the NS-14 delineation well, the company’s first well targeting deeper Jurassic clastic reservoirs, found 54 m (177 ft) of net gas pay on wireline logs. Testing is expected to start by the end of November, and up to six follow-up locations could be drilled depending on results. Condor also awarded an EPC contract in August for a field booster compressor station, which an independent study says could add up to 30 MMscfd. It is scheduled for commissioning in the second quarter of 2027.
“We have achieved record production rates, revenues and operating netbacks in Uzbekistan with our successful application of proven technologies while maturing new opportunities to support this trend,” said Don Streu, president and CEO of Condor.
In Kazakhstan, Condor’s first modular LNG facility, with capacity of 48,000 gal/d, completed acceptance testing and is expected to arrive at the Saryozek site in December, with LNG production planned for the second quarter of 2027. In October, the company raised C$72 million through convertible debentures.
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