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North Buzachi Oil and Gas Field Development

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Photo Sources: cer-llp.kz

PROJECT ID

1305202552

SECTOR

Oil & Gas

PROJECT PHASE

Commissioning & Operation

LOCATION

Mangystau Region, Kazakhstan

START DATE

1/1/1999

INVESTMENT VALUE

$ NA

Active

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Verified

Last Updated: 25 April 2026

Publication: 13 May 2025

PROJECT DESCRIPTION

The North Buzachi Oil and Gas Field, located on the northwestern tip of the Buzachi Peninsula in Kazakhstan's Mangystau region, is an onshore heavy oil field discovered in 1975. It commenced production in 1999, overcoming technical challenges associated with its high-viscosity crude oil through advanced extraction methods. Project completion in 2045

Involved Companies & Contacts

INVOLVED COMPANIES & CONTACTS

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Location

Locations shown on the map are for indicative purposes and may vary from actual locations.

Other important details

  • Production: The field reached peak production in 2012 and currently accounts for approximately 1% of Kazakhstan's daily oil output.

  • Reserves: As of 2021, the field has remaining recoverable reserves of approximately 50.08 million barrels of crude oil and condensate.

  • Development Challenges: The high viscosity of the oil necessitates enhanced recovery techniques, such as horizontal drilling and steam injection, to improve extraction efficiency.

Sources

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