The Kurmangazy oil field is an offshore oil field located in the Kazakh section of the Caspian Sea on the maritime border between Russia and Kazakhstan, about 120 kilometres (70 mi) west of the Buzachi Peninsula. It is expected to be the third largest oil field of Kazakhstan.[1] The field is named after Kurmangazy Sagyrbayuly.
The first agreement concerning Kurmangazy field was signed in 2002. The US$23 billion worth PSA agreement was signed with KazMunayGas and Rosneft on 6 June 2005.[1] In May 2006, the first well was drilled into the structure; however, it failed to strike oil.[1]
Reservesedit
The oil field has estimated reserves of 7 to 10 billion barrels (1.1 to 1.6 billion cubic metres).[1]
Operatoredit
The field is operated by Kurmangazy Petroleum Company. KazMunayTeniz, a subsidiary of KazMunayGas, owns 50% of the project and RN – Kazakhstan LLС, a subsidiary of Rosneft, owns 25%.[1] Originally, 25% of shares was assigned to Zarubezhneft, but later Rosneft received the option on this remaining stake once commercial extraction commences.[1][2]Total S.A. and ONGC have shown interest to join the project.[2][3]
^ ab "Kazakhstan wants to sell 25 % of Kurmangazy to Total". Alexander's Gas & Oil Connections. 2004-02-05. Retrieved 2009-10-17.
^ Amit Baruah (2004-11-14). . The Hindu. Archived from the original on November 24, 2004. Retrieved 2009-10-17.{{cite news}}: CS1 maint: unfit URL (link)
External linksedit
Kurmangazy (KazMunayGas' website)
January 01, 1970
kurmangazy, field, offshore, field, located, kazakh, section, caspian, maritime, border, between, russia, kazakhstan, about, kilometres, west, buzachi, peninsula, expected, third, largest, field, kazakhstan, field, named, after, kurmangazy, sagyrbayuly, countr. The Kurmangazy oil field is an offshore oil field located in the Kazakh section of the Caspian Sea on the maritime border between Russia and Kazakhstan about 120 kilometres 70 mi west of the Buzachi Peninsula It is expected to be the third largest oil field of Kazakhstan 1 The field is named after Kurmangazy Sagyrbayuly Kurmangazy oil fieldCountryKazakhstanRegionCaspian SeaOffshore onshoreOffshoreOperatorsKurmangazy Petroleum CompanyPartnersKazMunayGasRosneftProductionEstimated oil in place7 000 million barrels 9 5 10 8 t Contents 1 History 2 Reserves 3 Operator 4 See also 5 References 6 External linksHistory editThe first agreement concerning Kurmangazy field was signed in 2002 The US 23 billion worth PSA agreement was signed with KazMunayGas and Rosneft on 6 June 2005 1 In May 2006 the first well was drilled into the structure however it failed to strike oil 1 Reserves editThe oil field has estimated reserves of 7 to 10 billion barrels 1 1 to 1 6 billion cubic metres 1 Operator editThe field is operated by Kurmangazy Petroleum Company KazMunayTeniz a subsidiary of KazMunayGas owns 50 of the project and RN Kazakhstan LLS a subsidiary of Rosneft owns 25 1 Originally 25 of shares was assigned to Zarubezhneft but later Rosneft received the option on this remaining stake once commercial extraction commences 1 2 Total S A and ONGC have shown interest to join the project 2 3 See also edit nbsp Energy portal Energy in KazakhstanReferences edit a b c d e f Kurmangazy A Risky Proposition Silk Road Intelligencer 2007 10 31 Retrieved 2009 10 17 a b Kazakhstan wants to sell 25 of Kurmangazy to Total Alexander s Gas amp Oil Connections 2004 02 05 Retrieved 2009 10 17 Amit Baruah 2004 11 14 India Russia plan big oil gas deals The Hindu Archived from the original on November 24 2004 Retrieved 2009 10 17 a href Template Cite news html title Template Cite news cite news a CS1 maint unfit URL link External links editKurmangazy Structure Rosneft s website Kurmangazy KazMunayGas website Retrieved from https en wikipedia org w index php title Kurmangazy oil field amp oldid 1051638408, wikipedia, wiki, book, books, library,
