Kazakhstan’s Oil and Gas Upstream 2015 – a study on the country’s upstream oil and gas industry 

This report has been issued since 2006. RPI has over 10 years of experience in monitoring and evaluating the region’s petroleum industry companies. 

The key feature of this product is the detailed and reliable information it offers on the oil and gas industry of Kazakhstan, ranging from statistical data on the scope of O&G production to drilling forecasts and an overview of the current activity and contact information on specific market participants. 

• Overview of the current environment on the O&G market of Kazakhstan 

• Upstream, downstream and export statistical data 

• Utilization and associated gas volumes in Kazakhstan 

• Assessment of pipeline status 

• Analysis of changes in the investment climate on the basis of the legislative acts and an overview of the repercussions for industry participants 

• Structure of the production drilling segment 

• Forecast of O&G production and export until 2025 

• Projected scopes of offshore and onshore drilling until 2025 

The retrospective data of the new report cover the period from 2003 through 2014. The report also provides the following information: 

A separate section contains detailed profiles on E&P companies, each of which includes information on the ownership structure, reserves, output and export of oil and gas, access to O&G infrastructure and other industry-related analytical data. 

An attachment to the report provides over 15 maps highlighting the location of license blocks and the trunk pipelines of Kazakhstan. 

• Oil and gas companies looking to enter the market of Kazakhstan

• Oilfield services companies 

• Producers and suppliers of O&G industry equipment 

• EPC contractors, engineering and construction companies 

• -Investment funds and financial institutions 

• Consulting and research companies 

• State-owned energy industry concerns 

• In order to gain complete and reliable information on the oil and gas industry of Kazakhstan 

• In taking strategic decisions for companies looking to enter the country’s market

• When new managerial decisions are taken by companies already operating in Kazakhstan 

This research report puts forward forecasts and key assumptions on the probable train of future events. These forecast and assumptions hinge on a thorough analysis of information gleaned from reliable sources, thereby allowing industry players to predict the main threats and opportunities that lie ahead. 

Figure 1.1.1.1 Distribution of oil and condensate reserves by regions (%)*

Figure 1.1.2.1 Oil production in Kazakhstan in 2001-2014, MMtpa

Figure 1.1.2.2 Oil production in Kazakhstan  by regions 2014, %

Figure 1.1.2.3 Kazakhstan’s major oil producers in 2012-2014, MMt

Figure 1.1.2.4 NC KMG upstream assets, 2014

Figure 1.1.2.5 Major producting petroleum assets shareholders’ structure

Figure 1.1.3.1 Primary oil refining in Kazakhstan, MMt

Figure 1.1.4.1 Kazakhstan’s oil production and exports, MMt

Figure 1.1.4.2 Kazakhstan’s oil exports by major producers in 2012-2014, MMt

Figure 1.1.5.1 Kazakhstan’s oil production in 2014-2025, MMt

Figure 1.1.5.2 Kazakhstan’s oil production in 2014-2025, million barrels per day

Figure 1.1.6.1 Kazakhstan’s oil export in 2013-2025, MMt

Figure 1.2.2.1 Kazakhstan’s gas production, bcm.

Figure 1.2.3.1 LPG production, thousand tons

Figure 1.2.4.1 Gas consumption in Kazakhstan

Figure 1.2.5.1 Gas being burnt in flares in Kazakhstan in 2006-2014, bcm

Figure 1.2.6.1 Kazakhstan’s gas exports in 2003-2014, bcm

Figure 1.2.6.2 Kazakhstan’s gas export by major producers in 2014, bcm

Figure 1.2.6.3 Supplies of Karachaganak gas to the Orenburg GPP, bcm

Figure 1.2.7.1 Forecast of gas production in Kazakhstan in 2013-2025, bcm

Figure 1.3.2.1 CPC ownership structure

Figure 1.3.3.1 The scope of gas in transit through Kazakhstan in 2003-2014, bcm

Figure 2.1.1 Ownership structure of ADA Oil

Figure 2.1.2 ADA Oil oil production, Mt

Figure 2.1.3 ADA Oil gas production, mmcm

Figure 2.2.1 ANACO oil production, Mt

Figure 2.4.1 Aman Munai’s oil production, Mt 

Figure 2.4.2 Aman Munai’s gas production, mmcm

Figure 2.5.1 Aral Petroleum’s shareholding structure

Figure 2.5.2 Aral Petroleum Capital oil production, Mt

Figure 2.5.3 Aral Petroleum Capital associated gas production, mmcm 
Figure 2.6.1 Arman oil production, Mt 
Figure 2.6.2 Arman gas production, MMcm 
Figure 2.8.1 Buzachi Neft LLP oil production from 2010 through 2014, Mt 
Figure 2.8.2 Buzachi Neft LLP gas production from 2010 through 2014, mmcm 
Figure 2.9.1 Buzachi Operating oil production, Mt 
Figure 2.9.2 Buzachi Operating gas production, mmcm 
Figure 2.11.1 СNPC-Ai-Dan Munai oil production, Mt 
Figure 2.11.2 СNPC-Ai-Dan Munai gas production, mmcm 
Figure 2.12.1 CNPC-AMG oil production in 2001-2014, MMt 
Figure 2.12.2 CNPC-Aktobemunaigas gas production in 2001-2014, bcm 
Figure 2.14.1 Emir Oil’s drilling activities, meters 
Figure 2.14.2 Emir Oil’s oil production, Mt 
Figure 2.14.3 Emir Oil’s gas production, mmcm 
Figure 2.15.1 Jupiter Energy’s drilling activities, meters 
Figure 2.16.1 Karachaganak field and facilities 
Figure 2.16.2 KPO production drilling, thousand meters 
Figure 2.16.3 KPO oil and gas condensate production, MMt 
Figure 2.16.4 KPO gas production, bcm 
Figure 2.16.5 Karachaganak marketing scheme, 2013 
Figure 2.17.1 Oil production at the Karakuduk field, Mt 
Figure 2.17.2 Gas production at the Karakuduk field, MMcm 
Figure 2.18.1 Kaspi Neft JSC, Oil production, Mt 
Figure 2.19.1 Karazhanbasmunai ownership structure 
Figure 2.19.2 Karazhanbasmunai oil production, MMt 
Figure 2.19.3 Karazhanbasmunai gas production, MMcm 
Figure 2.20.1 Kazakhoil-Aktobe shareholding structure 
Figure 2.20.2 Kazakhoil-Aktobe oil production, Mt 
Figure 2.20.3 Kazakhoil-Aktobe gas production, MMcm 
Figure 2.21.1 KGM oil production, MMt 
Figure 2.21.2 KGM gas production, MMcm

Figure 2.22.1 Production assets of NC KMG as of December 2014 
Figure 2.22.1.1 UMG and EMG oil production, MMt 
Figure 2.22.1.2 UMG and EMG gas production, mmcm 
Figure 2.22.2.1 KazMunaiTeniz ownership structure 
Figure 2.23.1 Kazpetrol Group LLP, oil and 
condensate production, Mt 
Figure 2.23.2 Kazpetrol Group LLP, gas production, MMcm 
Figure 2.24.1 Altius Petroleum oil production, Mt 
Figure 2.25.1 Ken-Sary LLP, oil production, Mt 
Figure 2.25.2 Ken-Sary LLP, gas production, MMcm 
Figure 2.25.3 Ken-Sary LLP, oil export, Mt 
Figure 2.26.1 KMK Munai oil production, Mt 
Figure 2.27.1 Kozhan oil production, Mt 
Figure 2.27.2 Production, tons per day 
Figure 2.28.1 KAM oil production, Mt 
Figure 2.28.2 KAM gas production, MMcm 
Figure 2.28.3 KAM oil export, Mt 
Figure 2.29.1 Kumkol Trans Servis oil production, Mt 
Figure 2.29.2 Kumkol Trans Servis gas production, mmcm 
Figure 2.30.1 Maersk oil production, Mt 
Figure 2.30.2 Maersk Oil gas production, MMcm 
Figure 2.31.1 MMG oil production, MMt 
Figure 2.31.2 MMG gas production, MMcm 
Figure 2.32.1 Maten Petroleum oil production, Mt 
Figure 2.32.2 Maten Petroleum gas production, mmcm 
Figure 2.33.1 Max Petroleum oil production, Mt 
Figure 2.34.1 Meerbusch oil production in 2011-2014, Mt 
Figure 2.34.2 Meerbusch gas production in 2011-2014, mmcm

Figure 2.36.1 Kashagan production drilling, meters 
Figure 2.37.1 PKKR ownership structure 
Figure 2.37.2 PKKR oil production, MMt 
Figure 2.37.3 PKKR gas production, MMcm 
Figure 2.38.1 TOC oil production, Mt 
Figure 2.38.2 TOC gas production, MMcm 
Figure 2.38.3 KomMunai oil production, Mt 
Figure 2.38.4 KomMunai gas production, MMcm 
Figure 2.39.1 Potential Oil ownership structure 
Figure 2.39.2 Potential Oil production, Mt 
Figure 2.41.1 Sagiz Petroleum, Oil production, Mt 
Figure 2.41.2 Sagiz Petroleum gas production, MMcm 
Figure 2.42.1 Oil production at Saigak field , Mt 
Figure 2.43.1 Sauts Oil oil production, Mt 
Figure 2.44.1 TCO ownership structure 
Figure 2.44.2 TCO oil production, MMt 
Figure 2.44.3 TCO gas production, bcm 
Figure 2.45.1 Tethys gas production: MMcm 
Figure 2.45.2 Tethys oil production, Mt 
Figure 2.46.1 Turgai Petroleum oil production, Mt 
Figure 2.46.2 Turgai Petroleum gas production, mmcm 
Figure 2.48.1 Zhaikmunai oil production, Mt 
Figure 2.48.2 Zhaikmunai gas production, MMcm 
Figure 2.49.1 Zhalgiztobemunai oil production, Mt 
Figure 3.1.1 Production drilling dynamics in Kazakhstan in 2005-2014, thousand meters 
Figure 3.1.2 Production drilling in Kazakhstan in 2013-2014, by region, % 
Figure 3.2.1 Exploration drilling dynamics in Kazakhstan in 2005-2014, thousand meters 
Figure 3.2.2 Exploration drilling in Kazakhstan in 2013-2014, by region, % 
Figure 3.4.1 Drilling market dynamics in Kazakhstan in 2015-2025, thousand meters

Table 1.1.1.1 Proved reserves of oil and gas condensate at the largest fields of Kazakhstan

Table 1.1.1.1 Proved reserves of oil and gas condensate at the largest fields of Kazakhstan

Table 1.1.1.3 Reserves of Northern Caspian project

Table 1.1.2.1 Cumulative oil production by key players and their shares of total country production (%), as of the end of each year

Table 1.1.3.1 Kazakhstan’s oil refining capacity

Table 1.1.3.2 Kazakhstan’s production of oil products in 2010-2014, MMt

Table 1.1.3.3 Kazakhstan’s plans for developiung oil refining

Table 1.1.4.1 Crude oil distributions in Kazakhstan in 2010-2014, MMt

Table 1.2.1.1 Kazakhstan’s fields with gas reserves, classified by type

Table 1.2.1.2 The fields with the largest gas reserves

Table 1.2.2.1 Gas production by key players in Kazakhstan in 2013-2014, bcm

Table 1.2.3.1 Kazakhstan’s gas processing capacity

Table 1.3.1.1 The throughput capacity of main oil export routes and actual oil export flows in 2011-2014

Table 1.3.2.1 Kazakhstan’s export capacity and export potential in 2015-2020

Table 2.1.1 ADA Oil reserves

Table 2.2.1 Oil reserves at the Kyrykmyltyk field

Table 2.2.2 Production drilling at the Kyrykmyltyk field, meters

Table 2.2.3 ANACO: performance in 2002-2014

Table 2.2.4 ANACO oil and condensate exports, 2011-2013, Mt

Table 2.4.1 Reserves of the East Akzhar block 

Table 2.4.2 Drilling at the Akzhar East field

Table 2.5.1 Aral Petroleum Capital’s exports routes, 2011-2012, Mt

Table 2.6.1 Arman field reserves, as of December 31, 2011

Table 2.6.2 Arman’s oil and condensate exports routes, tons, 2011-2012

Table 2.8.1 Arman’s oil and condensate exports routes, tons, 2011-2013

Table 2.9.1 Characteristics of North Buzachi oil

Table 2.9.2 Oil and gas reserves at North Buzachi field

Table 2.9.3 Production drilling at the North Buzachi field, meters, 2009-2014 
Table 2.9.4 Buzachi Operating Ltd. oil exports by main directions in 2012-2013, thousand tons 
Table 2.10.1 CaspiOil Gas LLP, oil reserves 
Table 2.10.2 CaspiOil Gas LLP, gas reserves 
Table 2.11.1 Drilling activities at СNPC-Ai-Dan Munai contract areas in 2011-2014, meters 
Table 2.11.2 СNPC-Ai-Dan Munai’s oil and condensate exports, 2011-2012, thousand tons 
Table 2.11.2 СNPC-Ai-Dan Munai’s oil and condensate exports, 2011-2012, thousand tons 
Table 2.12.2 Major projects in 2005-2014 
Table 2.12.3 CNPC-AMG drilling volume in 2011-2014, thousand meters 
Table 2.12.4 CNPC-AMG 2011-2012 oil exports by directions, Mt 
Table 2.14.1 Emir Oil LLC fields and structures 
Table 2.14.1 Emir Oil LLC fields and structures 
Table 2.14.3 Drilling in 2014 by Emir Oil, meters 
Table 2.14.4 Emir oil’s oil and condensate exports, 2011-2014, Mt 
Table 2.15.1 Jupiter Energy resource base 
Table 2.16.1 Karachaganak field hydrocarbon reserves 
Table 2.16.2 KPO export, 2012-2013 
Table 2.17.1 Characteristics of Karakuduk oil 
Table 2.17.2 Karakuduk field oil reserves 
Table 2.17.3 Production drilling, new wells commissioned and the well stock at the Karakuduk field
Table 2.17.4 Karakudukmunai JV exports by directions, Mt 
Table 2.19.1 Karazhanbasmunai JSC revenues from core activity, 2012-2013 
Table 2.19.2 Characteristics of Karazhanbas oil 
Table 2.19.3 Karazhanbasmunai’s production drilling scope by drilling contractors in 2011-2014, thousand meters 
Table 2.19.4 Karazhanbasmunai’s oil and condensate exports, Mt, 2012-2013 
Table 2.20.1 Oil and gas reserves at the Alibekmola and Kozhasai fields, as of December 31, 2012

Table 2.20.2 Commissioning of new wells at the Alibekmola and Kozhasai fields 
Table 2.20.3 Kazakhoil-Aktobe oil exports, Mt 
Table 2.21.1 Kazgermunai JV , Revenue f rom core activity in 2012-2013 
Table 2.21.2 KGM proved oil reserves, as of March 31, 2009 
Table 2.21.3 KGM contingent reserves, as of March 31, 2009 
Table 2.21.4 Exploration and production drilling/workover at KGM fields in 2009-2014 
Table 2.21.5 Oil Exports of KGM, 2011-2012, Mt 
Table 2.22.1 Share of JSC NC KazMunaiGas in the oil and gas industry of Kazakhstan, % 
Table 2.22.1.1 Key data KMG EP 
Table 2.22.1.2 EMG major producing fields 
Table 2.22.1.3 KMG EP exploration targets 
Table 2.22.1.4 KMG EP oil reserves, by fields (as of December 31, 2009) 
Table 2.21.5 Oil Exports of KGM, 2011-2012, Mt 
Table 2.22.1.6 KMG EP export sales of crude oil in 2012-2013, by routes, Mt 
Table 2.22.2.1 In-place and recoverable reserves of the Khazar field 
Table 2.22.2.2 KazMunaiTeniz oil and gas production at the Tolkyn and Borankol fields in 2013 and 2014 
Table 2.22.2.3 Well stock as of December 31, 2013 
Table 2.23.1 Kazpetrol Group LLP, production and exploration drilling,2011-2014, meters 
Table 2.24.1 Current status of work performed at Altius Petroleum fields, 2014 
Table 2.24.2 Altius Petroleum oil reserves, by field, as of the end of 2013 
Table 2.24.3 Drilling activities at Altius Petroleum contract areas, 2011-2014, meters 
Table 2.24.4 Altius Petroleum’s exports, 2011-2012, Mt 
Table 2.25.1 Oil reserves at the Arystanov field 
Table 2.25.2 Ken-Sary LLP, production and exploration drilling, meters 
Table 2.26.1 КМК Munai drilling, 2010-2014, meters 
Table 2.26.2 KMK Munai oil export, tons 
Table 2.23.1 Kazpetrol Group LLP, production and exploration drilling, 2011-2014, meters 
Table 2.28.1 Drilling Volume at the KAM fields in 2010-2014, thousand meters

Table 2.30.1 Maersk Oil Kazakhstan, production drilling at the Dunga field, 2010-2014 
Table 2.30.1 Maersk Oil Kazakhstan, production drilling at the Dunga field, 2010-2014 
Table 2.31.2 MMG production and exploration drilling in 2012-2014, meters 
Table 2.31.3 MMG oil export in 2011-2013, MMt 
Table 2.32.1 Maten Petroleum finance, 2011-2013, $ mln 
Table 2.30.1 Maersk Oil Kazakhstan, production drilling at the Dunga field, 2010-2014 
Table 2.32.3 Drilling activities at the Maten 
Petroleum contract area in 2012-2014, meters 
Table 2.23.1 Kazpetrol Group LLP, production and exploration drilling, 2011-2014, meters 
Table 2.33.1 Max Petroleum, field data 
Table 2.33.2 Max Petroleum, production and exploration drilling 
Table 2.34.1 Hydrocarbon reserves at the Kulzhan field 
Table 2.34.2 Meerbusch production and exploration drilling 
Table 2.36.1 Participating interests of North Caspian Operating Company B.V. 
Table 2.36.1 Participating interests of North Caspian Operating Company B.V. 
Table 2.36.3 Planned offshore production infrastructure at Kashagan 
Table 2.36.4 The Kashagan project key production parameters 
Table 2.37.1 PKKR licenses 
Table 2.37.2 PKKR oil reserves, as of March 31, 2009 
Table 2.37.2 PKKR oil reserves, as of March 31, 2009 
Table 2.37.4 PKKR oil export in 2011-2013, MMt 
Table 2.38.1 Petrom S.A. Kazakhstan proved reserves as of December 31, 2011 
Table 2.37.4 PKKR oil export in 2011-2013, MMt 
Table 2.37.4 PKKR oil export in 2011-2013, MMt 
Table 2.39.1 Potential Oil exploration drilling, meters 
Table 2.39.2 Potential Oil production forecast in 2015-2020, Mt 
Table 2.39.3 Potential Oil exports in 2011-2013, Mt 
Table 2.40.1 Roxi Petroleum’s assets in Kazakhstan 
Table 2.40.2 Roxi Petroleum’s reserves/ resources, 2011 
Table 2.41.1 Sagiz Petroleum, production and exploration drilling, 2009-2014, meters

Table 2.41.2 Sagiz Petroleum, production and exploration drilling by key fields in 2014, meters 
Table 2.41.2 Sagiz Petroleum, production and exploration drilling by key fields in 2014, meters 
Table 2.41.2 Sagiz Petroleum, production and exploration drilling by key fields in 2014, meters 
Table 2.43.2 Sauts Oil, production and exploration drilling 
Table 2.44.1 TCO oil reserves 
Table 2.44.1 TCO oil reserves 
Table 2.45.1 Tethys Petroleum Ltd., overview of Land Holdings 
Table 2.45.2 Tethys Petroleum oil and gas reserves in Kazakhstan (as of March 21, 2012) 
Table 2.45.3 Tethys Petroleum Ltd., exploration and production drilling 
Table 2.46.1 Financial performance of Turgai Petroleum, $ million 
Table 2.46.2 Characteristics of Kumkol oil 
Table 2.46.3 Turgai Petroleum hydrocarbon reserves at the contract territory of the Kumkol field 
Table 2.46.4 Turgai Petroleum CJSC production drilling, meters 
Table 2.46.5 Turgai Petroleum JV Oil Exports by main directions, Mt

Table 2.46.4 Turgai Petroleum CJSC production drilling, meters 
Table 2.48.1 Drilling at the Chingarevskoye field 
Table 2.49.1 Oil reserves at the Zhalgiztobe field, Mt 
Table 2.49.2 Zhalgiztobe, production drilling, meters, 2009-2014 
Table 2.49.3 Zhalgiztobe oil export, Mt 
Table 3.1.1 Production drilling in Kazakhstan 2011-2014 by customer, thousand meters 
Table 3.2.1 Exploration drilling in Kazakhstan 2011-2014 by customer, thousand meters 
Table 3.3.1 Market shares of major drilling contractors in Kazakhstan in 2014, by drilling metrage (%) 
Table 3.3.2 Production drilling market shares of the largest drilling companies in Kazakhstan in 2014, by drilling meterage (%) 
Table 3.3.3 Exploration drilling market shares of the largest drilling companies in 2014, by meterage (%) 
Table A.3.1 Abbreviations used in the report 
Table A.4.1 Comparative Classification of Hydrocarbon Reserves/Resources

Map 1.3.1.1 Existing oil and gas transportation infrastructure of Kazakhstan

Map 2.2.1 The Kyrykmyltyk field

Map 2.4.1 East Akzhar Block location

Map 2.5.1 North (Severny) Block

Map 2.5.2 North block fields location

Map 2.6.1 Arman field

Map 2.7.1 Makhambet and Bobek sites

Map 2.8.1 Location of Buzachi Neft oil fields

Map 2.9.1 North Buzachi field location

Map 2.11.1 СNPC-Ai-Dan-Munai contract areas

Map 2.12.1 CNPC-AMG fields

Map 2.13.1 Zharkamys West 1 and surrounding fields

Map 2.14.1 Emir Oil Contract areas

Map 2.15.1 Jupiter Energy license area

Map 2.16.1 Karachaganak Petroleum Operating fields and license areas

Map 2.17.1 Karakuduk field

Map 2.19.1 Karazhanbasmuna fields and license areas

Map 2.20.1 Kazakhoil–Aktobe fields and license areas

Map 2.21.1 KGM fields

Map 2.22.1.1 KMG EP fields and license areas

Map 2.22.1.2 KMG EP exploration blocks

Map 2.23.1 Kazpetrol Group LLP business area

Map 2.24.1 Altius Petroleum contract areas

Map 2.24.2 Altius Petroleum contract areas

Map 2.25.1 Ken-Sary business operations area

Map 2.26.1 Kokzhide, Kumsai and Mortuk license areas

Map 2.27.1 Kozhan license areas

Map 2.28.1 KAM business operations area

Map 2.30.1 Maersk fields and license areas

Map 2.31.1. MMG fields and license areas

Map 2.32.1 Maten Petroleum field

Map 2.33.1 Max Petroleum license areas

Map 2.34.1 Kulzhan field location

Map 2.35.1 Fields and license areas of MOL Hungarian Oil and Gas 
Map 2.36.1 NCOC business operation area 
Map 2.37.1 PKKR fields and license areas 
Map 2.37.2 PKKR’s oil transportation options 
Map 2.38.1 Petrom business operations areas 
Map 2.39.1 Potential Oil business operations area 
Map 2.40.1 Roxi Petroleum’s assets in Kazakhstan 
Map 2.41.1 Sagiz Petroleum business area 
Map 2.42.1 Saigak field location 
Map 2.43.1 Sauts-Oil business area  
Map 2.44.1 Tengiz fields and license areas 
Map. 2.45.1 Tethys’s License/Contract Areas 
Map 2.46.1 Turgai Petroleum business area 
Map 2.47.1 Urikhtau Operating business area 
Map 2.48.1 Zhaikmunai business area 
Map 2.49.1 Zhalgiztobemunai field 
Map A.1.1 West-Kazakhstan province 
Map A.1.2 Aktobe province 
Map A.1.3 Atyrau province 
Map A.1.4 Mangistau province 
Map A.1.5 Kostanai province 
Map A.1.6 Kyzylorda province 
Map A.1.7 Karaganda province 
Map A.1.8 Zhambyl province 
Map A.1.9 Almaty province 
Map A.1.10 East-Kazakhstan province 
Map A.1.11 South-Kazakhstan province 
Map A.2.1 West-Kazakhstan, Atyrau, Aktyubinsk provinces 
Map A.2.2 Mangistau province 
Map A.2.3 Kostanai, North-Kazakhstan, Akmolinsk, Karaganda provinces 
Map A.2.4 Kyzylorda, South-Kazakhstan, Zhambyl province 
Map A.2.5 Almaty province 
Map A.2.6 Pavlodar, East-Kazakhstan provinces