Project Profile
Value: Undisclosed
Location: Province of Batys Kazakhstan
Area: 274 sq km
Production Rate: 1,184 barrels of crude oil from Well #24
Peak Production: 1,700 barrels of oil per day
Zhaikmunai\'s field and licence area is the Chinarevskoye field located in the northern part of the oil-rich Pre-Caspian Basin. The Chinarevskoye Field, approximately 274 square kilometres in size, is located in the province of Batys Kazakhstan, near the border between Kazakhstan and the Russian Federation, and close to several major pipelines. The west Kazakhstan administrative centre of Uralsk (or Oral, in Kazakh) is approximately 80 kilometres southwest of Chinarevskoye field.
Zhaikmunai has constructed an oil pipeline from the Chinarevskoye Field to the rail connection near Uralsk, along with a new receiving oil loading terminal at the connection. This allows the company to deliver its oil directly to the loading terminal. As of 31 December 2010, Zhaikmunai had 30 active wells of which 12 were oil production wells, 8 were being prepared for gas condensate production, 2 were under workover, 2 were used for water injection and 6 were shot in. In 1997, Zhaikmunai was granted the exploration and production license and the Production Sharing Agreement (PSA) and commenced exploration activities in the Chinarevskoye field.
Operator:
Zhaikmunai (Nostrum Oil & Gas): Operator with 100% interest
Contractors:
Exterran: EPC contract
Belleli Energy: EPC contract