Project Profile
Value: US$50 million
Location: R9 Block Zhyloi raion
Start-up Year: 2015
Masabai lies in the R9 Block near Liman Field, with operators KMG owing 100% of the rights to explore the 6,030 square km area containing both assets. During 2011 and 2012, 3D seismic data was analysed over 224 square km in the Shokat structure. KMG then drilled several exploration probes; Well 100 (Esbolai), Well 10 (Masabai), Well 102 (Kyzykala), Well 100 (North Kamyskol), and Well 100 (South Kamyskol). All wells were drilled to a similar depth of around 9,236 metres, but KMG was forced to abandon all operation because of geological reasons. These negative results led to all exploration in the probe being cancelled in 2012.
Operators:
KazMunaiGaz (KMG): Operator with 100% interest