Oil Field 4

General Information:

  • Located on the Mangyshlak peninsula, c.110 km north of Aktau and 40 km from Fort-Shevchenko
  • Well developed infrastructure – 25 km to a main road and 30 km to the Tauchik pumping station on the Kalamkas to Aktau oil pipeline
  • 300 km of 2D seismic acquired and interpreted in 2006-07
  • Minimum work programme of $11.4m
  • 15 shallow exploration and appraisal wells drilled between 1981-82 (depths 300-600m)
  • Ten wells are interpreted to be oil bearing and tested heavy oil
  • 3 new wells drilled during 2007 to establish production from the field
  • Contingent resources were assigned to the Neocomianzone and three zones within the Albian
  • Deeper exploration potential within the Jurassic and Triassic

 

Contingent resources and estimated production:

 

2009 mid-year Estimated Production: 0.6 kbblpd

 

 

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