Project Profile
Value: $120
Startup Year: 2015
The Zhingeldy is a producing oil field requiring field development. The present production stands at 500-700 tons/pd.
Caspian Holdings through its 100% owned subsidiary Taraz LLP owns 100% of the Zhengeldy contract. The contractual rights to the Zhengeldy field are held in a 25 year sub soil contract expiring 2024 between Taraz LLP and the State of Kazakhstan.
Caspian has invested US$16 million in the development of the production field drilling 18 wells.