Kazakhstan to launch gas exploration at Kansu site

Oil&Gas Materials 24 January 2014 15:41 (UTC +04:00)

Baku, Azerbaijan, Jan. 24
By Elena Kosolapova - Trend: Gas exploration works will be launched at promising Kansu site in Kazakh Mangistau region in 2014, regional head Alik Aidarbayev said at the meeting on Jan. 23, regional administration's web site reported.

The probable gas reserves at the field reach up to 20 billion cubic meters, Aidarbayev said.

Kansu gas field is located 135 kilometers to south-east from Zhanaozen. Preparations to prospecting drilling were conducted in 1965-1968, deep drilling was started in 1969. The field was discovered by exploration well No.1 in 1970. Earlier, 40 exploration wells were drilled at Kansu gas structure, which are temporary shutdown. At the end of 2005 and in the beginning of 2006 there was a pilot commercial development of Kansu.

Mangistau region is one of the leading oil and gas producers in Kazakhstan and has the recourses for further development of hydrocarbon industry, Aidarbayev said.

Mangistau region has almost 25 percent of the country's oil reserves or 2.6 billion tons and about 16 percent of recoverable reserves, according to Geology Committee under Ministry of Industry and New Technologies.

Aidarbayev also expressed hope that the Mangistau region will be among the candidates for construction of the fourth refinery in Kazakhstan. A working group was created to justify the project, he said.

Edited by CN