Kazakhstan Chamber of Commerce in the USA


Kazakhstan discovers more oil

Posted on March 09, 2016 by KazCham

Colibri Law Firm BI@colibrilaw.com

Oil has been discovered during exploration activities at the north-eastern flank of the S. Nurzhanov field, Liman and Akkuduk blocks in Kazakhstan.

During exploration, light crude oil flowed at a rate of 130 tonnes per day. Moreover, a natural oil flow rate of 3.3 cubic metres per day was obtained at the Liman block. Preliminarily prospective resources are estimated at 3.9 million tonnes of recoverable hydrocarbons.

The company plans to drill two appraisal wells in 2016-2017 and to start trial production in 2018.

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