10-Millionth Ton Of Oil Produced On Karakuduk Field In Kazakhstan

abarrelfullabarrelfull wrote on 20 Nov 2014 09:37

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8 August, 2012

The production milestone, symbolized by the 10-millionth ton of crude oil since the beginning of the field development, was reached on Karakuduk field in Mangistau Region of the Republic of Kazakhstan.

Karakuduk (Black Well) is located 365 km to northeast from the city of Aktau. The field was discovered in 1972, and its commercial development started in 1998 according to the subsoil use contract signed in 1995 for the term of 25 years. The millionth ton of oil was produced on the field in 2003. LUKOIL joined the project at the end of 2005.

At present, the project is managed on a parity basis by LUKOIL and Sinopec. Operating company is KarakudukMunai. The total headcount is 520 people, 97% of them are citizens of Kazakhstan. The company was certified for its compliance with ISO 9001:2008 international quality management standard.

In 2011, production amounted to 1.4 million tons of oil, and 150 million cubic meters of gas. Advanced technologies are efficiently applied to maintain crude output plateau and improve oil recovery factor on the field, including cluster and horizontal drilling, side-tracking, hydro-splitting of layers by means of injection of a propping agent into pay sections, etc. An efficient system of utilization of the associated petroleum gas is also functioning on the field. This system ensures gathering, refining treatment and transportation of gas to final consumers (industrial facilities and households of the region). Simultaneously, utilization of gas for the fields’ internal needs, including commercial oil heating, is also provided.

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