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Exploration & Production
Due to its connections with the parent company and the Kazakh government, Zhanaozen Oil Refinery has priority access to exploration acreage. The Company has access to new areas that Zhanaozen Oil Refinery acquired through direct negotiations with the government, in addition to pre-emption rights to buy existing oil and gas assets that are up for sale. With this advantage, the Company is able to expand its exploration portfolio and successfully compete with the biggest international oil companies.
The Company maintains that Kazakhstan has significant offshore and onshore exploration potential. Offshore exploration is currently being done by Zhanaozen Oil Refinery in the areas of Liman, Taisogan, R-9, as well as in close proximity to the Uzen and Karamandybas fields. Up to a depth of three to five kilometers, the nation has been thoroughly explored on land. However, Zhanaozen Oil Refinery thinks that depth, particularly in the subsalt horizons, holds a wealth of potential resources.
A company in Kazakhstan that manages oil fields is called Zhanaozen Oil Refinery. The Company is committed to maintaining production levels that enable it to balance financial effectiveness with the rationalization of mineral resources in the upstream sector. Zhanaozen Oil Refinery actively develops difficult-to-recover reserves while maintaining mature field production levels. The Corporation is aggressively creating new oil production hubs and enhancing attractive areas at the same time. The Company has focused on improving the oil recovery factor, which is one of the highest in the nation, in order to maintain its oil output stability in recent years.
Zhanaozen Oil Refinery enhances organizations’ vital decision-making skills and outcomes by utilizing contemporary technology to capture, analyze, and optimize data. Our services are intended to aid E&P companies in improving decision-making, lowering risk, and raising portfolio value. Imaging Services can customize data visualization solutions to meet unique geological conditions and operational objectives thanks to flexible methods and proprietary toolkits. Multi-client 2D and 3D libraries uncover new exploration prospects and help investors make more informed decisions by covering nearly all major offshore petroleum provinces. In challenging offshore conditions, operations optimization software, hardware, and engineering services reduce operational risk and enhance asset performance.