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Project Description
The project involves pilot development of the Karagan oil field in the Zhylyoi district of Atyrau Region, near the Tengiz field. The program includes reactivation of previously suspended wells and drilling of additional production and appraisal wells to evaluate and optimize extraction of oil and gas resources.
Project Phase:
Engineering Design & Planning
Start Date:
5/1/2025
Investment Value:
4 900 000 $
End Date:
4/30/2028
Location:
Atyrau Region, Kazakhstan
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Other important details
· The field covers 4.296 km².
· Oil reserves (C1 + C2 categories): over 4.6 million tonnes, of which 1.088 million tonnes are recoverable.
· Associated gas reserves: approximately 38 million m³, of which 9 million m³ are recoverable.
Sources
Publication/Revision Date:
6/9/2025