Asset Report
Karazhanbas
Report summary
The Karazhanbas heavy oil field is located in southwest Kazakhstan. It is operated by a JV of state-owned NC KazMunaiGas and CITIC Resources (China). The field has been producing since 1980, with output recently at a plateau of about 40,000 b/d.EOR techniques are critical to the development, alongside extensive drilling of low-productivity wells. The licence only allows production from depths of up to 500 metres.Karazhanbas oil is sold to domestic and export markets. The field has direct ...
Table of contents
- Key facts
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Summary and key issues
- Summary
- Key issues
- Location maps
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Participation
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Licence
- Licence extension
- Depth limit
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Corporate
- Participation history
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Licence
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Geology
- Structure
- Reservoirs
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Exploration
- Historical E&A activity
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Recent and future E&A activity
- Karazhanbas More
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Reserves and resources
- Overview
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Oil
- In place volumes
- Reported reserves
- Gas
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Production
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Oil
- Historical production
- Gas
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Oil
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Development
- Key development metrics
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Infrastructure
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Exports
- Current routes
- Previous routes
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Domestic
- Aktau bitumen plant
- Domestic oil sales
- Current routes
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Exports
- Costs
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Fiscal and regulatory
- Mineral Extraction Tax (MET)
- Liquids MET reductions
- Rent Tax on Export
- Oil Export Customs Duty (ECD)
- Corporate Income Tax
- Excess Profit Tax (EPT)
- Bonuses
- Social investment programme
- Fines and penalties
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Economic assumptions
- Cash flow
- Discount rate and date
- Inflation rate
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Oil price
- Exports
- Domestic
- Global Economic Model (GEM) file
- Economic analysis
Tables and charts
This report includes 23 images and tables including:
- Key facts: Table 1
- Index map
- Karazhanbas map
- Exploration: Table 1
- Capital costs
- Costs: Table 2
- Operating costs
- Cash Flow
- Economic analysis: Table 2
- Economic analysis: Table 3
- Split of Revenues
- Cumulative Net Cash Flow - Undiscounted
- Cumulative Net Cash Flow - Discounted at 10% from 01/01/2024
- Remaining Revenue Distribution (Discounted at 10% from 01/01/2024)
- Remaining Present Value Price Sensitivities
- Geology: Table 1
- Geology: Table 2
- Reserves and resources: Table 1
- Production: Table 1
- Production: Table 2
- Karazhanbas production profile
- Infrastructure: Table 1
- Participation: Table 1
What's included
This report contains:
