Asset Report

Mangistaumunaigaz Area

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Mangistaumunaigaz (MMG), a JV of NC KazMunaiGas (NC KMG), CNPC and PetroChina, operates 15 mature oil fields in west Kazakhstan. On average, MMG produced about 120,000 b/d in 2022-24, around 90% of which was from the Kalamkas and Zhetibai fields. This represented about 7% of Kazakhstan's gross liquids output in 2024.MMG is one of CNPC/PetroChina's largest and most valuable assets in Kazakhstan, alongside CNPC AktobeMunaiGas and Kashagan. Since 1997, the partners have invested in ...

Table of contents

  • Summary
  • Key Issues
  • Kalamkas
  • Zhetibai
  • Overview
    • Historical production
    • Current and future production
    • Key development metrics
  • Oil
    • Key considerations
    • Overview
    • Mineral Extraction Tax (MET)
    • Liquids MET reductions
    • Rent Tax on Export
    • Oil Export Customs Duty (ECD)
    • Corporate Income Tax
    • Excess Profit Tax (EPT)
    • Export
    • Domestic
  • Gas price
  • 2 more item(s)...

Tables and charts

This report includes the following images and tables:

  • Index map
  • UPS_KAZ_MangistaumunaigazArea_MapA
  • UPS_KAZ_MangistaumunaigazArea_MapB
  • UPS_KAZ_MangistaumunaigazArea_MapC
  • Participation
  • Fields and producing horizons
  • Hydrocarbon and reservoir quality
  • Hydrocarbon and reservoir quality (continued)
  • Discovery summary
  • Reserves (2P) at 01/01/2026
  • Production (2015-2024)
  • MMG Area production profile
  • 10 more item(s)...

What's included

This report contains:

  • Document

    Mangistaumunaigaz Area

    XLS 786.50 KB

  • Document

    Mangistaumunaigaz Area

    PDF 3.72 MB