Project Profile
Value: US$23,000 million
Location: Aksai
Start-up Year: 2018
The project will see the development of the third phase of the massive condensate field. Much of the investment will be in drilling. Other items include:
• Gas handling facilities – gas dew pointing, dehydration and compression
• Gas reinjection trains
• 5th stabilisation train.
The main focus areas will be on KPC2, Re-injection, Early Works and a Power Plant. Early works will include provision of drilling and construction camp facilities and all temporary infrastructures.
KPO will drill up to 65 new vertical wells and 15 additional horizontal/multi-lateral wells over a number of years. They may look at branch isolation for multi-laterals and there could be scope for expandable tubular casings because of the nature of the reservoir. US$8bn capex (US$5bn facilties, US$3bn drilling).
The export route will be existing pipeline and possibly rail links. This will transport LPG and other fluids.
Operators:
Karachaganak Petroleum Operating B.V. (KPO)
BG Group: 30% interest
Eni: 30% interest
Chevron: 17.5% interest
Lukoil: 12.5% interest
KazMunaiGaz: 10% interest
Contractors:
BJ Process and Pipeline Services: Nitrogen purging and nitrogen/helium leak detection services
Genesis Oil & Gas Consultants: pre-FEED contract
Petrofac: FEED contract