Kashagan is a producing conventional oil field located in shallow water in Kazakhstan and is operated by North Caspian Operating. According to GlobalData, who tracks more than 34,000 active and developing oil and gas fields worldwide, the field is located in block Kashagan-Kayran-Aktota, with water depth of 20 feet. Buy the profile here.
Smarter leaders trust GlobalData
Six expansion projects are associated with the Kashagan conventional oil field, namely the Kashagan Phase 2, the Kashagan Future Gas Expansion (Phase A), the Kashagan CFP, the Aktote, the Kairan and the Kashagan Southwest. The expansion projects are currently in the feed, feasibility and construction stage.
Field participation details
The field is owned by China National Petroleum, Eni, Exxon Mobil, Inpex, National Company KazMunayGas, Shell and TotalEnergies.
Production from Kashagan
The Kashagan conventional oil field recovered 16.56% of its total recoverable reserves, with peak production expected in 2025. Based on economic assumptions, production will continue until the field reaches its economic limit in 2072. The field currently accounts for approximately 17% of the country’s daily output.
See Also:
Contractors involved in the Kashagan conventional oil field
Some of the key contractors involved in the Kashagan project as follows.
Design/FEED Engineering: McDermott International, Aker Solutions, Fluor, Worley and Chicago Bridge & Iron
Main EPC: Petrofac
Other Contractors: KBR, Advanced Innergy, Amarinth, Caspian Proger Engineering and Consulting and Arise Global
About North Caspian Operating
North Caspian Operating Company BV (NCOC) is an oil and gas company that provides oil and gas exploration and development services. The company operates through North Caspian Project, that covers five fields: Kashagan, Kalamkas-Sea, Kairan, Aktoty, and Kashagan South West. The company provides experimental programs, evaluation, exploration, acquisition, development on shore and offshore, and concept definition services. NCOC operates in Kashagan field located in the Kazakhstan sector of the Caspian Sea. It offers health safety and environment, local content, social and infrastructure services. NCOC is headquartered in Atyrau, Kazakhstan.
For more details on the Kashagan Conventional Oil Field, buy the profile here.
Premium Insights
From
The gold standard of business intelligence.
Blending expert knowledge with cutting-edge technology, GlobalData’s unrivalled proprietary data will enable you to decode what’s happening in your market. You can make better informed decisions and gain a future-proof advantage over your competitors.
GlobalData, the leading provider of industry intelligence, provided the underlying research used to produce this article.
This information is drawn from GlobalData’s Oil & Gas Intelligence Center, which provides detailed profiles of 34,000+ oil and gas fields, 400,000+ exploration blocks, 1,100+ LNG terminals, 3,400+ gas processing plants, 5,000+ storage terminals, and 8,000+ pipelines, 1,400+ refineries and 13,000+ petrochemical plants worldwide.
