Kazakhstan's Kashagan Produces 201,000 Tons of Oil in October 2016

Source: Reuters 11/14/2016, Location: Asia

Kazakhstan's Kashagan oil field produced about 201,000 tons of oil in October, its first full month of operation, data from the Energy Ministry's analytical centre showed on Monday.

Energy majors developing the giant Caspian field started test pumping in September and exports of small volumes began last month but the companies and the government are yet to announce the start of stable commercial output.

The October output figure is the equivalent of daily production of 52,600 barrels, while Kazakh officials have said that in order to reach commercial output the field needs to achieve stable production of at least 75,000 barrels per day.

The field off Kazakhstan's Caspian coast has cost about $55 billion to develop, according to analyst estimates. It first started production in 2013 but output was suspended shortly afterwards because of technical problems with the gas pipelines.

The NCOC consortium developing Kashagan is made up of China National Petroleum Corp, Exxon Mobil, Eni, Royal Dutch Shell, Total, Inpex and KazMunaiGas.


Nigeria >>  6/23/2022 - ADM Energy PLC, a natural resources investing company, announces its audited full year results for the 12 months ended 31 December 2021.

I...

Tanzania >>  6/22/2022 - Prior to today's Annual General Meeting ("AGM"), Wentworth, an independent natural gas production company with a focus on Tanzania, is delighted to pr...

Australia >>  6/21/2022 - Comet Ridge Limited (COI) is happy to report that daily gas production from the Mahalo North 1 well has increased to over 310 Mcfd, an almost fourfold...
Colombia >>  6/21/2022 - GeoPark Limited (GPRK), a prominent independent Latin American oil and gas explorer, operator, and consolidator, provided an update on its operations ...

Norway >>  6/21/2022 - Preliminary production figures for May 2022 show an average daily production of 1 831 000 barrels of oil, NGL and condensate. Total gas sales were 10....
United Kingdom >>  6/21/2022 - The North Sea Transition Authority (NSTA) has created a new screening tool to help maximise the repurposing of oil and gas infrastructure for energy t...

Related Categories: Camp Building  Cleaning Equipment, Services  Communication  Corrosion Products/Services  Development  Exploration  Food Supplies  General  Labor Services  Land & Leasing  Mine Clearance  Oil & Gas Companies  Production  Service Companies  Skilled Labors  Transportation, 4X4 Trucks  Unskilled Labors  Utility Systems  Waste Disposal  Water Supply Services  Welding Products/Services 

Related Articles: Camp Building  Cleaning Equipment, Services  Communication  Corrosion Products/Services  Development  Exploration  General  Labor Services  Land & Leasing  Mine Clearance  Oil & Gas Companies  Production  Service Companies  Skilled Labors  Transportation, 4X4 Trucks  Utility Systems  Waste Disposal  Water Supply Services  Welding Products/Services 


Gulf Oil and Gas
Copyright 2021 Universal Solutions All rights reserved. - Terms of Service - Privacy Policy.