Aksay is a producing conventional oil field located onshore Kazakhstan and is operated by JV Kazgermunai. According to GlobalData, who tracks more than 34,000 active and developing oil and gas fields worldwide, the field is located in block Aksay (Blocks XXIX-38-F (P), XXIX-39-D (P), XXX-38-C (P), and XXX-39-A (P)). Buy the profile here.
Field participation details
The field is owned by China National Petroleum and National Company KazMunayGas.
Production from Aksay
The Aksay conventional oil field recovered 57.87% of its total recoverable reserves, with peak production in 2016. The peak production was approximately 2.12 thousand bpd of crude oil and condensate and 16.00 Mmcfd of natural gas. Based on economic assumptions, production will continue until the field reaches its economic limit in 2055.
Remaining recoverable reserves
The field is expected to recover 7.67 Mmboe, comprised of 2.81 Mmbbl of crude oil & condensate and 29.17 bcf of natural gas reserves.
About JV Kazgermunai
JV Kazgermunai (Kazgermunai) is an oil and gas company that offers production services. The company explores, develops and produces hydrocarbons in South Turgai basin. It has a license for development, exploration and production in three oil fields in Akshabulak, Nuraly and Aksai. The company works through JSC PetroKazakhstan Kumkol Resources in Kyzylorda gasification project that undertakes the construction of a gas treatment plant in Akshabulak oilfield. The company’s project also includes the construction of the main gas pipeline between Akshabulak and Kyzylorda. Kazgermunai is headquartered in Kyzylorda, Kazakhstan.
For more details on the Aksay Conventional Oil Field, buy the profile here.
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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.
