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November 24, 2021

Kashagan Conventional Oil Field, Kazakhstan

By Carmen

Kashagan is a producing conventional oil field located in shallow water in Kazakhstan and is operated by North Caspian Operating. The field is located in block Kashagan-Kayran-Aktota, with water depth of 20 feet.

Six expansion projects are associated with the Kashagan conventional oil field, namely Kashagan Phase 2, Kashagan Future Gas Expansion (Phase A), Kashagan CFP, Aktote, Kairan and Kashagan Southwest. The expansion projects are currently in the feed, feasibility and construction stage.

Field participation details

The field is owned by Eni, Exxon Mobil, Royal Dutch Shell, TotalEnergies, Inpex, Others, National Company KazMunayGas and China National Petroleum.


Production from Kashagan

The Kashagan conventional oil field recovered 8.67% of its total recoverable reserves, with peak production expected in 2025. The peak production will approximately 438.55 thousand bpd of crude oil and condensate and 1,061 Mmcfd of natural gas. Based on economic assumptions, production will continue until the field reaches its economic limit in 2076. The field currently accounts for approximately 16% of the country’s daily output.


Remaining recoverable reserves

The field is expected to recover 5,309.17 Mmboe, comprised of 3,755.95 Mmbbl of crude oil & condensate and 9,319.33 bcf of natural gas reserves. Kashagan conventional oil field reserves accounts 1.09% of total remaining reserves of producing conventional oil fields globally.


Contractors involved in the Kashagan conventional oil field

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

Design/FEED Engineering: Aker Solutions, Chicago Bridge & Iron, Fluor, McDermott International and Worley

Main EPC: Petrofac

Other Contractors: KBR, KTRWG Turbine Services, Synertec, TechnipFMC and TUV Rheinland

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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, which covers five fields: Kashagan, Kalamkas-Sea, Kairan, Aktoty, and Kashagan South West. It Kashagan field has oil discoveries with approximately 9-13 billion barrels of recoverable oil. NCOC’s Kashagan reservoir lies 80km offshore from the city of Atyrau in 3-4 meters of water, and has more than 4km deep (4,200 meters). The company also provides experimental programs, evaluation, exploration, acquisition, development on shore and offshore, and concept definition services. The company 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.

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.

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