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KazMunayGas and CNPC step up exploration to replenish hydrocarbon reserves in Kyzylorda region

28.10.2024

The 2nd technical seminar on exploration prospects and enhanced oil recovery has started in Kyzylorda. The event was attended by Akim of Kyzylorda Region Nurlybek Nalibayev, KazMunayGas CEO Askhat Khassenov, Vice Minister of Energy Kudaibergen Arymbek, Vice President of China National Petroleum Corporation (CNPC) Zhang Daowei, CNODC President He Wenyuan and leading industry experts.

Kyzylorda was deliberately chosen as a place to discuss oil and gas industry problems. Oil production in the region continues to decline because of reserves depletion at major fields. In 2013 oil production in Kyzylorda region was 11 million tons, while in 2023 it was less than 4 million tons. According to forecasts, this year oil production will decline by almost 3% (3.6 million tons of oil will be produced this year, which is 100 thousand tons less than in 2023).

KMG is now actively working with China National Petroleum Corporation (CNPC) – one of its key partners in the region – to expand exploration activities, survey new sites, replenish oil reserves and introduce advanced technologies.

Askhat Khassenov noted that the South Turgai oil-and-gas region has a great development potential and needs in-depth studies. According to the Complex Sedimentary Basin Studies, the South Turgai Basin forecast reserves are more than 3.2 billion tons. Hydrocarbon reserves replenishment is still a key issue, which needs a full-scale exploration and state-of-the-art technologies in cooperation with international partners.

“The South Turgai oil-and-gas region is one of the recent and most promising exploration regions, which needs further research and innovative approach. Our primary objective is to replenish hydrocarbon reserves through a Paleozoic deposit in-depth studies. This is challenging though practicable and needs close cooperation activities and advanced technology,” Askhat Khassenov said.

To discover new fields, exploration boundaries should be expanded, including in underexplored basins such as Northern Turgai, Shu-Saryssu and Syr Darya.

KazMunayGas as a national company pays particular attention to the resource base development, including in Kyzylorda region. In May this year, KMG with own funds started drilling of a 5,500-meter well at the Turgai Paleozoic site. Wells of were never drilled so deep before in this region earlier.

At the seminar, KazMunayGas and CNODC (a CNPC subsidiary) signed a non-disclosure agreement and plan of joint eastern Pre-Caspian Basin exploration.

Joint studies are expected to specify the exploration sites.

Besides, Akimat of Kyzylorda Region, Ministry of Energy and Kazgermunai signed a regional socio-economic development Investment Project Memorandum.

Raw gas from other fields, under the memorandum, is planned to be processed at the Kazgermunai Gas Plant, which will increase the liquefied petroleum gas supplies to the domestic market.

This partnership will bring more investments to the gas industry, secure stable liquefied petroleum gas supplies to Kyzylorda region, save jobs and raise tax revenues to the regional budget.

For info: CNPC (China National Petroleum Corporation) has a vast experience in down-hole exploration activities. In May 2023, the company began drilling of the Shenditake-1 well in the 10,000-meter-deep Tarim Basin. This project demonstrates CNPC's high expertise in complex projects.


JSC NC KazMunayGas

The 2nd technical seminar on exploration prospects and enhanced oil recovery has started in Kyzylorda. The event was attended by Akim of Kyzylorda Region Nurlybek Nalibayev, KazMunayGas CEO Askhat Khassenov, Vice Minister of Energy Kudaibergen Arymbek, Vice President of China National Petroleum Corporation (CNPC) Zhang Daowei, CNODC President He Wenyuan and leading industry experts.

Kyzylorda was deliberately chosen as a place to discuss oil and gas industry problems. Oil production in the region continues to decline because of reserves depletion at major fields. In 2013 oil production in Kyzylorda region was 11 million tons, while in 2023 it was less than 4 million tons. According to forecasts, this year oil production will decline by almost 3% (3.6 million tons of oil will be produced this year, which is 100 thousand tons less than in 2023).

KMG is now actively working with China National Petroleum Corporation (CNPC) – one of its key partners in the region – to expand exploration activities, survey new sites, replenish oil reserves and introduce advanced technologies.

Askhat Khassenov noted that the South Turgai oil-and-gas region has a great development potential and needs in-depth studies. According to the Complex Sedimentary Basin Studies, the South Turgai Basin forecast reserves are more than 3.2 billion tons. Hydrocarbon reserves replenishment is still a key issue, which needs a full-scale exploration and state-of-the-art technologies in cooperation with international partners.

“The South Turgai oil-and-gas region is one of the recent and most promising exploration regions, which needs further research and innovative approach. Our primary objective is to replenish hydrocarbon reserves through a Paleozoic deposit in-depth studies. This is challenging though practicable and needs close cooperation activities and advanced technology,” Askhat Khassenov said.

To discover new fields, exploration boundaries should be expanded, including in underexplored basins such as Northern Turgai, Shu-Saryssu and Syr Darya.

KazMunayGas as a national company pays particular attention to the resource base development, including in Kyzylorda region. In May this year, KMG with own funds started drilling of a 5,500-meter well at the Turgai Paleozoic site. Wells of were never drilled so deep before in this region earlier.

At the seminar, KazMunayGas and CNODC (a CNPC subsidiary) signed a non-disclosure agreement and plan of joint eastern Pre-Caspian Basin exploration.

Joint studies are expected to specify the exploration sites.

Besides, Akimat of Kyzylorda Region, Ministry of Energy and Kazgermunai signed a regional socio-economic development Investment Project Memorandum.

Raw gas from other fields, under the memorandum, is planned to be processed at the Kazgermunai Gas Plant, which will increase the liquefied petroleum gas supplies to the domestic market.

This partnership will bring more investments to the gas industry, secure stable liquefied petroleum gas supplies to Kyzylorda region, save jobs and raise tax revenues to the regional budget.

For info: CNPC (China National Petroleum Corporation) has a vast experience in down-hole exploration activities. In May 2023, the company began drilling of the Shenditake-1 well in the 10,000-meter-deep Tarim Basin. This project demonstrates CNPC's high expertise in complex projects.


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