Company's history

LLP «KAZPETROL GROUP» is engaged in prospecting, exploration, development of oil fields and oil extraction, with further implementation of marketable oil for internal and external commodity markets.

Company is a part of the international group of companies Kusto Group.

Kusto Group was founded in the late 90-s by the Kazakhstan experts in the field of direct investments, project and corporate financing. Company’s history began with the mining industry and today also includes the following projects: projects in the petroleum industry, real estate development business, production of construction materials, projects in the energy and agriculture farm.

Today, the group «Kusto Group», implements projects in Russia, Kazakhstan, Ukraine, Vietnam, China, Turkey, and Israel.

Milestones of the Company history:

2005
2006
2007
2008
2009
2010
2011
2012
2013
2014
2015
2016
2017
05

Creation of the Company LLP «KAZPETROL GROUP».

06

A contract on oil and gas exploration and production within blocks of the XXIX-38-(C) (partially), D (partially), E (partially) was signed with the Ministry of Energy and Mineral Resources of the Republic of Kazakhstan

07

In 2007, the contract areas of the company were the two sites with a total area of 254 sq.km geological allotment.

Seismic work on contract areas of 2D with a territory of 418.4 linear km was carried out based on agreement between the companies LLP «KAZPETROL GROUP» and JSC "Azimut Energy Services" in 2017. Data processing and interpretation was performed by LLP «PGD Services». Upon completion of these works structural maps of HR-IIar, HR-III HR-III′ and PZ have been constructed and drilling of prospective wells were recommended.

Founded a field camp.

08

As a result of drilling and testing of wells Taur1 (named after the structure based on the nearest trigger point Taur), oil inflow was received from productive horizon M-II-2 aryskum deposit In June of 2008. 

The deposit Taur was founded.

09

In 2009, in order to identify the potential of oil and gas of the “under the investigation” area, LLP “Tat-Arka” held 3D survey in Taur oil field, a total area of ​​173.3 sq.km full fold area of ​​90 sq.km. 

3D field survey data was processed  by CC JSC "Geostan". 3D interpretation of the data was performed by the company LLP "Oil Geoconsulting".

10

As a result of drilling and testing of wells Taur 7 (structure Taur Northwest), an influx of gas condensate was received from productive horizon Ю-I Kumkol deposits in March 2010.

The deposit Taur Northwest was founded.

11

In 2011, in order to identify the potential of oil and gas of the extended territory, the seismic company KAZGECO LLP has carried out 3D shooting  of 156,8 sq.km (full-multiple shooting of 94 sq.km).

3D field survey data was processed by LLP «VERITAS CASPIAN». 3D data interpretation of 2011 and 3D data reinterpretation of 2009 were fulfilled by LLP «RESERVOIR EVALUATION SERVICES». Refined structural maps of reflecting horizons M-I, M-II, J3km and PZ have been created as a result of the carried out seismic works.

Khairkeldy and Khairkeldy South structure have been identified based on these studies. 

Drilling exploratory well has been established on the structure of Khairkeldy.

12

As a result of the drilling and testing works of wells Khairkeldy 1, oil influx was received from the producing horizon Ю-0-1 akshabulak deposits in March 2012.

The deposit Khairkeldy was founded.

As a result of the drilling and testing of wells South Khairkeldy 3 in March 2012, received oil influx from the producing horizon Ю-1 kumkol deposits.

The deposit South Khairkeldy was founded.

13

In newly extended,  in 2012 territory, field seismic operations CDPM-3D have been carried out by company “Tat-Arka” in the volume of 428 sq.km (full-multiple survey of 292,8 sq.km). 3D Interpretation data-2013 was carried out by the company LLP “RESERVOIR EVALUATION SERVICES”. 

Based on the data of the executed works, the structures of North Khairkeldy, Khairkeldy South West, Zholtay have been detected, and the structure of the North-Western Taur field has been specified. 

As a result of the drilling and testing works of the wells North Khairkeldy 6 in July 2013, oil influx was received from the producing horizon Ю-1 kumkol deposits. 

The deposit North Khairkeldy was founded.

14

As a result of the drilling and testing works of the wells North-Western Khairkeldy 1 in September 2014, oil influx received from the producing horizon Ю-II kumkol deposits.

The deposit North-Western Khairkeldy was founded.

15

In March, 2015 objects on TF “The system of collecting GOS and preliminary preparation of oil on the Taur field" are put into operation”:

  • Central Processing Facilities (CPF) on collecting and preliminary preparation of GOS with a power - 209,1 tpd (73,19 thousand tons/year.) of oil.
  • Oil gathering system from 6 well.

16

In September 2016, objects on TF "The system of collecting GOS and preliminary preparation of oil on the South Taur field " were put into operation:

  • Central Processing Facilities (CPF) on collecting and preliminary preparation of GOS with a power of 542,86 tpd (190,0 thousand tons/year.) of oil.
  • Oil gathering system from 21 wells.
  • GTPP with a capacity of 0,8 MW to ensure power supply of group of fields of Khairkeldy and utilization of associated petroleum gas.
  • GTPP with a capacity of 0,6 MW to ensure power supply of group of fields of Khairkeldy and utilization of associated petroleum gas.
  • Total capacity of GTPP – 1.8MW.

17

As a result of the drilling and testing works of the well Zholtay 1 in January 2017, oil influx was received from the producing horizon M-II-1 aryskum deposits.

The deposit Zholtay was founded.

In April 2017, 6kV HV line from 6kV-SG  110/6kV PS "Aksai" LLP "JV"Kazgermunai" to LLP “KAZPETROL GROUP” Taur field power block were put into operation. 6 kV HR line length is 15,34 km.

Currently, LLP “KAZPETROL GROUP” is operating on four fields Taur, Khairkeldy, South Khaikeldy, and North Khaikeldy; the field South-West Khairkeldy is on a trial operation; the fields Zholtay and North-West Khairkeldy are at the stage of estimation works.

About us

The goals of the Company:

  • To cultivate production maintenance and maximum discovery of the potential of producing fields, rational implementation of new projects to ensure sustainable production profile and maximum rate of hydrocarbon extraction.

  • To develope competitive advantages with the use of modern technologies, effective search for the best technical solutions, and strict control over expenditure.

  • To continuously optimize the processes on existing assets to maximize efficiency.

  • To become an efficient Company with the role of a model for the oil industry in the region in the field of management, expenses, operational safety management, environmental protection and production standards.

Values

  • Personnel. The most valuable asset of KAZPETROL GROUP is its employee
  • Ecology and technologies. As one of the largest subsoil users in the region, KAZPETROL GROUP strictly follows the highest international environmental standards and intends to build an effective environmental management system.

  • Responsibility. Responsibility for lives and health of people and for the entrusted natural resources in the region.

  • Openness. Openness and partnership in collaboration with public and stakeholders.

  • Morality. Following its set goals, Company operates on the basis of fairness and justice, mutual respect and decency.

Strategy

To become a leading company of Kyzylorda region in oil and gas industry and a champion at low expenses:
  • By offering high quality products;
  • By introducing innovative methods of management of processes of exploration, mining and resources;
  • By accelerating commissioning of proven oil and gas fields on principle «from resources to reserves, from reserves to production»;
  • By using high corporate governance standards;
  • By reducing production costs, and  achieving maximum advantage over its competitors in the region.