Asset Report

Karazhanbas

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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 of around 37,000 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.To grow reserves, the operator has extended drilling operations into the Karazhanbas coastal zone ...

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Tables and charts

This report includes the following images and tables:

    Index mapKarazhanbas mapReservoir quality
    Oil qualityDiscovery summaryReserves (2P) at 01/01/2026Production (2016-2025)Karazhanbas production profilePipeline summaryCapital Costs Pre-2017 to 2025 (US$ million)Operating Costs 2026 to 2035 (US$ million)Cash Flow (US$)
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    Karazhanbas

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    Karazhanbas

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