Karachaganak is a producing conventional gas field located onshore Kazakhstan and is operated by Karachaganak Petroleum Operating . The field is located in block Karachaganak.

Three expansion projects are associated with the Karachaganak conventional gas field, namely Karachaganak Production Plateau Extension Projects (Stage 2M), Karachaganak Expansion 1B and Karachaganak Expansion 1A. The expansion projects are currently in the commissioning, feed and construction stage.

Field participation details

The field is owned by National Company KazMunayGas , Lukoil Oil , Chevron , Eni and Shell .


Production from Karachaganak

The Karachaganak conventional gas field recovered 48.84% of its total recoverable reserves, with peak production expected in 2024. The peak production will approximately 238.95 thousand bpd of crude oil and condensate and 1,065 Mmcfd of natural gas. Based on economic assumptions, production will continue until the field reaches its economic limit in 2072. The field currently accounts for approximately 16% of the country’s daily output.


Remaining recoverable reserves

The field is expected to recover 2,875.43 Mmboe, comprised of 1,850.89 Mmbbl of crude oil & condensate and 6,147.19 bcf of natural gas reserves. Karachaganak conventional gas field reserves accounts 0.98% of total remaining reserves of producing conventional gas fields globally.


Contractors involved in the Karachaganak conventional gas field

Some of the key contractors involved in the Karachaganak project as follows.

Design/FEED Engineering: Fluor and National Company KazMunayGas

Main EPC: SICIM

Other Contractors: Amarinth, Baker Hughes, Bonatti , Montazhspetsstroy (Russia) and Paladon Systems

About Karachaganak Petroleum Operating

Karachaganak Petroleum Operating BV (KPO) is an independent upstream oil and gas company. The company extracts processes and export oil and gas from its interest in the Karachaganak field in North West Kazakhstan. It operates production units in this asset and exports products through different export routes. KPO’s oil and gas products include unstable liquids, raw gas, stable liquids, and sweet gas. The company’s export routes connect Western countries through Caspian and Black Sea, and to Eastern market in Russia. It operates for the consortium partners including Shell, ENI, Chevron, Lukoil, and KazMunaiGas . KPO is headquartered in Western Kazakhstan Oblast, Kazakhstan.

Methodology

Information on the field is sourced from GlobalData’s fields database that provides detailed information on all producing, announced and planned oil and gas fields globally. Not all companies mentioned in the article may be currently existing due to their merger or acquisition or business closure.