Karachaganak is a producing conventional gas field located onshore Kazakhstan and is operated by Karachaganak Petroleum Operating. According to GlobalData, who tracks more than 34,000 active and developing oil and gas fields worldwide, the field is located in block Karachaganak. Buy the profile here.
Two expansion projects are associated with the Karachaganak conventional gas field, namely the Karachaganak Expansion 1A and the Karachaganak Expansion 1B. The expansion projects are currently in the construction and feed stage, targeting start-up during 2024 – 2026.
Field participation details
The field is owned by Chevron, Eni, Lukoil Oil, National Company KazMunayGas and Shell.
Production from Karachaganak
The Karachaganak conventional gas field recovered 57.53% of its total recoverable reserves, with peak production in 2018. The peak production was approximately 244.25 thousand bpd of crude oil and condensate and 928.00 Mmcfd of natural gas. Based on economic assumptions, production will continue until the field reaches its economic limit in 2074. The field currently accounts for approximately 15% of the country’s daily output.
Remaining recoverable reserves
The field is expected to recover 2,115.91 Mmboe, comprised of 1,768.85 Mmbbl of crude oil & condensate and 2,082.39 bcf of natural gas reserves. Karachaganak conventional gas field reserves accounts 0.72% 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: Baker Hughes, Amarinth 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 NorthWest 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 Seas, and to the Eastern market in Russia. It operates for consortium partners including Shell, Eni, Chevron, Lukoil, and KazMunaiGas. KPO is headquartered in Western Kazakhstan Oblast, Kazakhstan.
For more details on the Karachaganak Conventional Gas 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.
