Exploration and Production

Exploration &

Production

Driving the future of energy through responsible exploration, innovative production, and a commitment to excellence.

Services

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Sustainable Growth

Maximizing resources responsibly

Advanced Technology

Leveraging innovation for better results

Operational Excellence

Ensuring safety, efficiency and reliability

Value Creation

Delivering long-term value for stakeholders

STRATEGY IN ACTION

Driving Growth in the Oil & Gas Industry

Despite outside limitations, the company keeps developing brownfields and spearheads the introduction of new, high-margin projects in the Kazakhstani oil industry. Due to new, large-scale projects started since 2023 (such as the Erginsky license area and the Severo-Danilovskoye field), the Company’s portion of the world’s liquid hydrocarbon output in 2021 increased by 4.8% to 19.9 mmt (403 kbpd).

As a result of these efforts, the Company produced 5.23 mmt (421 kbpd) of liquid hydrocarbons in Q4 2022, or 10.6% of the total amount produced.

ENERGIZING TODAY

Optimizing Recovery at Mature Fields

The company examines and optimizes its present development methods in order to increase the effectiveness of resource recovery at mature fields under production constraints. The organization consistently employs state-of-the-art technologies to enhance well production rates, developable reserve size, and project economic efficiency.The company’s main goal is to create cutting-edge wells. Over 3.2 thousand new horizontal wells were commissioned in 2023, making up 70% of the total.

3.2K+

New Horizontal Wells Commissioned in 2023

38.4 tpd

Average Annual Flow Rate Achieved

18.4 mmt

Increase in Output Through Modern Techniques

STRATEGY IN ACTION

Our Strategic Vision

The growth of the oil industry is one of Kmg Petrochem oil Refinery, LLP’s strategic objectives. Most of the oil is produced by OILPETROLGAS.

Kmg Petrochem oil Refinery, LLP’s main goal is to develop into a next-generation business by 2030 and become the industry leader in security, productivity, and technological viability for oil companies worldwide.

To achieve these objectives, we will utilize optimal optimization techniques, reduce the expenses of proven technologies, and widely introduce and accept novel technologies to effectively recover the residual reserves from the existing resource base.

Drilling Excellence

Multilateral Wells

12 multilateral wells commissioned in 2022, boosting production by 1 mmt.

Infill Drilling

Expanding and changing development processes to improve production.

Sidetracking

Affected 6 wells in 2022, resulting in a 1.4 mmt increase in crude oil output (+9%).

Advanced Technologies

Modern techniques ensure higher recovery and operational efficiency.