Karazhanbas is a producing heavy oil field located onshore Kazakhstan and is operated by Karazhanbasmunay. According to GlobalData, who tracks more than 34,000 active and developing oil and gas fields worldwide, the field is located in block Karazhanbas. Buy the profile here.
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Field participation details
The field is owned by CITIC Group and National Company KazMunayGas.
Production from Karazhanbas
The Karazhanbas heavy oil field recovered 66.73% of its total recoverable reserves, with peak production in 2022. Based on economic assumptions, production will continue until the field reaches its economic limit in 2055. The field currently accounts for approximately 2% of the country’s daily output.
For more details on the Karazhanbas 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.
