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Eni: Production at Karachaganak marked new heights

Oil&Gas Materials 14 November 2019 10:04 (UTC +04:00)
Eni: Production at Karachaganak marked new heights

Baku, Azerbaijan, Nov.14

By Leman Zeynalova – Trend:

During the third quarter of 2019, average gross production at Kazakhstan’s Karachaganak field was 345,400 barrels of oil equivalent per day, Eni S.p.A, an Italian multinational oil and gas company, told Trend.

Eni equity production at the field was around 86 Kboed during the reporting period.

“As known, the quarterly production was impacted by the planned Major Turnaround (MTA), run from 16th September 2019 to 11th October 2019, and successfully completed 2 days ahead of plan,” said the Italian company.

MTA envisaged, among others, statutory inspections, calibration and re-certification scopes, likewise dispersed and multiple debottlenecks of the productions facilities, according to Eni.

“Oil and gas production picked up after the MTA, marking new heights. Plateau Extension Projects are moving well ahead as for schedule, while drilling and sidetrack activities progress as well, with remarkable results.”

Karachaganak is one of the largest oil and gas condensate fields in Kazakhstan. Karachaganak Petroleum Operating produces oil and gas from the Karachaganak field. The shares in the consortium are as follows: Eni - 29.25 percent, Royal Dutch Shell - 29.25 percent, Chevron - 18 percent, Lukoil - 13.5 percent and KazMunayGas - 10 percent.

Eni has been present in Kazakhstan since 1992. Eni is joint operator of the Karachaganak field and is an equity partner in various projects in the Northern Caspian Sea, including the giant Kashagan field. In 2018 Eni became joint operator in the exploration block Isatay, with the national company KMG.

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Follow the author on Twitter:@Lyaman_Zeyn

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