Kashagan

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Kashagan is a supergiant oil and gas field in Kazakhstan, located in the north Caspian Sea. It belongs to the Caspian oil and gas province.
It was opened in June 30, 2000 with the well "Vostok 1". It is one of the largest fields in the world discovered in the last 40 years as well as the largest oil field in the sea.
The East Kashagan was opened in summer 2000, the West Kashagan - in 2001, the Southwest Kashagan - in 2003.
The beginning of the commercial production was repeatedly postponed, at the moment, the opening is announced at the end of 2012.
The field development is carried out in complicated geological conditions: the shelf zone, the large depth (up to 5500 m), high reservoir pressure (80 MPa), high hydrogen sulfide content (19%).
Kashagan's oil reserves vary widely between 1.5 - 10.5 billion tons. Of these, the East accounts for between 1.1 to 8 billion tons, in the West - to 2.5 billion tons and the South-West - 150 million tons.
The geological reserves at Kashagan are estimated at 4.8 billion tons of oil according to Kazakhstani geologists.
According to the operator the total oil reserves are 38 billion barrels, or 6 billion tons, of which recoverable are about 10 billion barrels. There are the largest natural gas reserves of more than $ 1 trillion. cubic meters in Kashagan

 

Companies-partners:

Eni, KMG Kashagan B.V., Total, ExxonMobil, Royal Dutch Shell

16,81 %

ConocoPhillips

8,4 %

Inpex

7,56 %


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