KMG Launches Two Oil Exploration Projects in Kyzylorda Region
Photo: Orda.kz
KazMunayGas is launching two geological exploration projects in the Kyzylorda region. The company will study the South Turgay oil basin and assess the potential for shale oil near Kumkol, Orda.kz reports.
A meeting on the development of geological exploration was held in Kyzylorda with the participation of regional akim Nurlybek Nalibayev and KazMunayGas board chairman Askhat Khassenov. The discussion focused on geological research and KMG’s plans to replenish the region’s resource base.
The first project will be carried out in the South Turgay basin. KMG calls it Turgai Paleozoic No. 2. The program includes converting historical 2D seismic data into a 3D model covering 3,000 square kilometers. After the analysis, the company plans to drill a well to a depth of 4,500 meters.
The second project, Beles, will be located near the region’s largest field, Kumkol, and is focused on a new type of resource for the area — shale oil. As part of the project, the company plans to drill a 3,500-meter well and collect core samples from oil-bearing rocks for geochemical research.
Original author: Alexander Zhdanov
Read also:
Latest news
- Kazakhstan’s Credit Rating Upgraded for First Time in a Decade
- While Thousands Lost Power, KEGOC Executives Received Nearly Half a Billion Tenge
- Changi Airport Group May Help Build Astana’s New Airport
- US Again Extends Deadline for Lukoil to Sell Its Assets in Kazakhstan
- Kazakhstan Extradites Business Manager From Russia in 290 Million Tenge Tax Case
- Released Amur Tiger Successfully Hunts in Kazakhstan’s Wild
- Kazakhstan Moves to Develop Critical Minerals as Global Competition Intensifies
- Another Performance by Kazakh Stand-Up Comedian Called Off
- Uzbekistan Begins Preparations for Second Nuclear Power Plant
- Backpack Links Glacier Remains to Man Missing for 19 Years
- 650-Hectare Wildfire Contained in Karaganda Region
- Unusual Wildlife Encounter Captured in Altyn-Emel
- Retired Border Service Dog Sold for $2 at Kazakhstan Auction
- Will Kazakhstan Have Enough Coal This Winter?
- Belarusian Hikers Find Body on Glacier Near Almaty
- Kazakhstan Investigates Spending on 242 Million Tenge Educational Game
- Kazakhstan Makes Caspian Oil Companies Pay for Counterterrorism Deployments
- Kazakhstan Faces Shortage of 245,000 School Places
- Waste Dumping Reported Near Yurt Camps at Lake Zaisan
- Kazakh Oil Rerouted to Novorossiysk as Russia Frees Baltic Export Capacity
