Buzachi North (Severo-Buzachi) is a producing heavy oil field located onshore Kazakhstan and is operated by Buzachi Operating. According to GlobalData, who tracks more than 34,000 active and developing oil and gas fields worldwide, the field is located in block Buzachi North (Severo-Buzachi). Buy the profile here.
Field participation details
The field is owned by China National Petroleum and China Petrochemical.
Production from Buzachi North (Severo-Buzachi)
The Buzachi North (Severo-Buzachi) heavy oil field recovered 80.04% of its total recoverable reserves, with peak production in 2012. The peak production was approximately 40.06 thousand bpd of crude oil and condensate and 2.00 Mmcfd of natural gas. Based on economic assumptions, production will continue until the field reaches its economic limit in 2047. The field currently accounts for approximately 1% of the country’s daily output.
Remaining recoverable reserves
The field is expected to recover 53.99 Mmboe, comprised of 53.99 Mmbbl of crude oil & condensate. Buzachi North (Severo-Buzachi) heavy oil field reserves accounts 0.13% of total remaining reserves of producing heavy oil fields globally.
For more details on the Buzachi North (Severo-Buzachi) Heavy 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.
