Exploration and Production
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Our Operations
Exploration and Production
Increasing and fortifying the company’s resource base is one of its strategic objectives. The strong resource base guarantees that production activities will continue and that hydrocarbon production targets will be reached. By means of comprehensive exploration and license portfolio development, the business consistently replenishes its reserves of gas and oil. The company’s fields and licensing blocks are located in Kazakhstan. To increase its productivity, the organization prioritizes using cutting-edge tools and technologies for exploration. It also values the support that research and development and design organizations give to its activities. Oil fields in Kazakhstan are managed by JSC Shaimerden. The business is dedicated on maintaining output levels in the upstream sector in order to balance rationalization.
Kazakhstan’s oil fields are managed by JSC Shaimerden. The corporation wants to guarantee output levels in the upstream sector that enable it to strike a balance between economic efficiency and the rationalization of natural resources. JSC Shaimerden actively develops hard-to-recover reserves while maintaining mature field production levels. The corporation is continuously creating new oil production hubs and developing appealing places at the same time. The company has one of the biggest oil recovery factors in the nation, so by concentrating on growing it, it has been able to maintain a steady level of oil output in recent years.
13 million tons
of hydrocarbon reserves
10 million tons
of oil production in 2020
100 million tons
proven reserves
Geological prospecting works in the Republic of Kazakhstan
The company has received 67 licenses on the Republic of Kazakhstan’s territory, including 36 for mineral exploration and extraction, 27 for geological study, which includes prospecting and mineral evaluation, and 4 for geological study, which includes prospecting and mineral evaluation. For the Company’s licensed territories, the amounts of geological exploratory work specified in the license agreements are completed in full.
In order to improve businesses’ critical decision-making skills and financial gains, JSC Shaimerden uses modern technology to gather, analyze, and optimize data. Our services are designed to lower risk, improve decision-making, and boost portfolio value for E&P companies. Thanks to adaptable procedures and specialized toolkits, Imaging Services may tailor data visualization solutions to specific geological conditions and operational objectives. Multi-client 2D and 3D libraries cover nearly all of the major offshore petroleum provinces, exposing untapped exploration potential to assist investors make smarter judgments. Industry-specific equipment, software, and technical services for operations optimization improve asset performance and reduce operational risk in challenging offshore scenarios.
The 2023 statistics showed that 6 million tons of oil were produced. There were 66 wells in the operating oil well stock and 25 wells in the injection well stock. With an additional production of about 55,000 tons, 19 new oil wells were put into service in 2023. GTM on the transition fund resulted in additional production of almost 22,000 tons, with activities conducted at 31 wells. The company’s investment strategy calls for building new and updating current infrastructure, bringing new reserves into development in prospective areas, increasing production drilling volumes organically, and attaining steady growth over the medium term.
