Laktybai and Karatobe South is a producing conventional oil field located onshore Kazakhstan and is operated by Kazakhturkmunai. According to GlobalData, who tracks more than 34,000 active and developing oil and gas fields worldwide, the field is located in block Karatobe South (Yuzhno-Karatobe) (Block XXIV-21-A) and Laktibay (Block 2). Buy the profile here.

Field participation details

The field is owned by National Company KazMunayGas.

Production from Laktybai and Karatobe South

The Laktybai and Karatobe South conventional oil field recovered 42.90% of its total recoverable reserves, with peak production expected in 2024. The peak production will approximately 6.71 thousand bpd of crude oil and condensate and 17.00 Mmcfd of natural gas. Based on economic assumptions, production will continue until the field reaches its economic limit in 2077.

Remaining recoverable reserves

The field is expected to recover 50.87 Mmboe, comprised of 37.15 Mmbbl of crude oil & condensate and 82.29 bcf of natural gas reserves. Laktybai and Karatobe South conventional oil field reserves accounts 0.01% of total remaining reserves of producing conventional oil fields globally.

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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.