Zhetybai Group is a producing conventional oil field located onshore Kazakhstan and is operated by Mangistaumunaigaz AO. According to GlobalData, who tracks more than 34,000 active and developing oil and gas fields worldwide, the field is located in block Zhetybay, Zhetybay South (Yuzhno-Zhetybay) (69), Atambay-Sartyube, Pridorozhnoye, Akkar North (Severo-Akkar), Karagiye North (Severno-Karagiye), Asar, Ashchiagar, Burmasha, Alatyube, Bekturly, Oymasha, Ayrantakyr, and Zhetybay East (Vostochno-Zhetybay). Buy the profile here.
Field participation details
The field is owned by China National Petroleum and National Company KazMunayGas.
Production from Zhetybai Group
The Zhetybai Group conventional oil field recovered 57.54% of its total recoverable reserves, with peak production in 2019. The peak production was approximately 49.64 thousand bpd of crude oil and condensate. Based on economic assumptions, production will continue until the field reaches its economic limit in 2070. The field currently accounts for approximately 2% of the country’s daily output.
Remaining recoverable reserves
The field is expected to recover 201.68 Mmboe, comprised of 201.68 Mmbbl of crude oil & condensate. Zhetybai Group conventional oil field reserves accounts 0.04% of total remaining reserves of producing conventional oil fields globally.
About Mangistaumunaigaz AO
Mangistaumunaigaz AO (MMG) is an upstream oil and gas exploration and production company. The company operates oil fields in Mangistau Region in western Kazakhstan. It exploration sites includes Kalamkas and Zhetybai oilfields. It uses new exploration technologies such as progressive cavity pumps and hydro fracturing, among others. Mangistaumunaigaz also involves in infrastructure development of Mangistau region. The company also has also built a fiberglass pipe factory. It distributes products throuh a network of distributors in Kazakhstan. MMG is headquartered in Aktau, Mangystau, Kazakhstan.
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