South Oil Project is a producing conventional oil field located onshore Kazakhstan and is operated by South Oil. According to GlobalData, who tracks more than 34,000 active and developing oil and gas fields worldwide, the field is located in block Karabulak South-West (Yuzhno-Zapadno-Karabulak) (Block XXVIII-37-B (P)), Akshabulak East (Vostochno-Akshabulak) (Block XXIX-39-E (P)), Kenlyk (Blocks XXVIII-37-B (P), E (P), F (P)), and Blocks XXVIII-37-A, B, D (P), E (P), F (P). Buy the profile here.

Field participation details

The field is owned by South Oil.

Production from South Oil Project

The South Oil Project conventional oil field recovered 63.81% of its total recoverable reserves, with peak production in 2014. The peak production was approximately 19.07 thousand bpd of crude oil and condensate and 6.00 Mmcfd of natural gas. Based on economic assumptions, production will continue until the field reaches its economic limit in 2055.

Remaining recoverable reserves

The field is expected to recover 41.13 Mmboe, comprised of 37.80 Mmbbl of crude oil & condensate and 19.98 bcf of natural gas reserves. South Oil Project conventional oil field reserves accounts 0.01% of total remaining reserves of producing conventional oil fields globally.

For more details on the South Oil Project Conventional Oil Field, buy the profile here.

GlobalData

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.