Asset Report

Altius Petroleum Contract Area (KNOC)

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Korea National Oil Corporation (KNOC) is the main shareholder in Altius Petroleum, which operates the Akzhar (post-salt) field in west Kazakhstan. KNOC divested from three other oil fields in Atyrau region in 2024. They were located at a considerable distance from Akzhar. Aggregate oil production has declined to less than 4,000 b/d. Akzhar (post-salt) exploits shallow reservoirs that were discovered more than 50 years ago. However, the field has only been developed since 2000. Most oil is ...

Table of contents

  • Key facts
    • Summary
    • Key issues
  • Location maps
    • Corporate
      • Historical participation changes
    • Licences
      • Akzhar (post-salt)
    • Akzhar (post-salt)
    • Alimbai
    • Besbolek
    • Karataikiz
  • Exploration
  • Reserves and resources
  • Production
    • Key development metrics
    • Oil
      • Overview
      • Exports
      • Domestic
      • Current routes
  • Costs
    • Mineral Extraction Tax (MET)
    • Rent Tax on Export
    • Oil Export Customs Duty (ECD)
    • Corporate Income Tax
    • Excess Profit Tax (EPT)
    • Bonuses and social payments
    • Historical cost repayment
  • 2 more item(s)...

Tables and charts

This report includes the following images and tables:

  • Key facts: Table 1
  • Index map
  • Altius Petroleum Contract Area map
  • Exploration: Table 1
  • Reserves and resources: Table 1
  • Reserves and resources: Table 2
  • Production: Table 1
  • Production: Table 2
  • Altius Petroleum Contract Area production profile
  • Capital costs
  • Costs: Table 2
  • Operating costs
  • 12 more item(s)...

What's included

This report contains:

  • Document

    Altius Petroleum Contract Area (KNOC)

    PDF 5.69 MB

  • Document

    Altius Petroleum Contract Area (KNOC)

    XLS 776.50 KB