Kumsay is a producing heavy oil field located onshore Kazakhstan and is operated by KMK Munay. According to GlobalData, who tracks more than 34,000 active and developing oil and gas fields worldwide, the field is located in block Kumsay (Sub-Salt). Buy the profile here.
Field participation details
The field is owned by China National Petroleum and Yukon Energy Holding.
Production from Kumsay
The Kumsay heavy oil field recovered 36.70% of its total recoverable reserves, with peak production in 2022. The peak production was approximately 8.46 thousand bpd of crude oil and condensate. Based on economic assumptions, production will continue until the field reaches its economic limit in 2066.
Remaining recoverable reserves
The field is expected to recover 39.72 Mmboe, comprised of 39.72 Mmbbl of crude oil & condensate. Kumsay heavy oil field reserves accounts 0.09% of total remaining reserves of producing heavy oil fields globally.
About KMK Munay
KMK Munay (KMK), formerly Lancaster Petroleum is an oil and gas exploration and production company. The company’s activities include exploration and production of hydrocarbons at the Kokzhide, Kumsai and Mortuk deposits located in the Aktobe region. It has subsoil use contracts for the oil fields Kokzhide, Kumsai, and Murtuk located in the Aktyubinsk region. KMK’s deposits are also located in the region such as Zhanazhol, Kenkiyak, Alibekmola, and various small and medium-sized fields. The company partners with other oil and gas companies for its exploration activities. KMK is headquartered in Aktobe, Kazakhstan.
For more details on the Kumsay 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.
