Kazakh minister provides Kashagan update

Offshore staff

ASTANA CITY, Kazakhstan – Production at the Kashagan oil field is expected to resume this year, according to Kazakhstan’s Minister of Energy Kanat Bozumbayev.

“The production at Kashagan will begin in late 2016. We are expecting to produce nearly 35,000 tons in December 2016,” Bozumbayev revealed. 

He said that repair and restoration work as well as pipelines’ replacement are in full swing at Kashagan.

The giant oil field entered production in September 2013 and was sidelined in October due to a gas leak. The production resumed the same month, but was suspended again due to another gas leak in one of the main pipelines.

Reserves at Kashagan, located southeast of Atyrau, in the Kazakh sector of the Caspian Sea, are estimated at 4.8 billion tons, the ministry said. The total oil reserves amount to 38 Bbbl.


Share your news with Offshore at news@offshore-mag.com

Kashagan oil field
Kashagan’s D complex/riser offshore Kazakhstan. (Image courtesy North Caspian Operating Co.)

Did You Like this Article? Get All the Energy Industry News Delivered to Your Inbox

Subscribe to an email newsletter today at no cost and receive the latest news and information.

 Subscribe Now


Making DDoS Mitigation Part of Your Incident Response Plan: Critical Steps and Best Practices

Like a new virulent strain of flu, the impact of a distributed denial of service (DDoS) attack is...

The Multi-Tax Challenge of Managing Excise Tax and Sales Tax

To be able to accurately calculate multiple tax types, companies must be prepared to continually ...

Operational Analytics in the Power Industry

Cloud computing, smart grids, and other technologies are changing transmission and distribution. ...

Maximizing Operational Excellence

In a recent survey conducted by PennEnergy Research, 70% of surveyed energy industry professional...