United States
Energy Information Administration
January 99-2000
Table 1
Oil Production Joint Ventures in Kazakhstan


Name Foreign Partners Reserves (proved + possible) Investment Status
Aktobe Preussag  Preussag Gmbh (Germany) 50.0%     Exploring near Zharkamys
Anako  Nafta a.s. (Slovakia)     Producing 1,390 bbl/d 8/98
Arman  Oryx (US) 50.0%. Oryx merged with Kerr-McGee      Producing 4,750 bbl/d 8/98; 5 new wells next 2-3 years
CNPC/Uzenmunaigaz  CNPC (China) 50% Est. oil reserves 2.5 billion barrels $1 billion 1st 5 years Developing Uzen & Aktyubinsk fields
Demunai  Caesar Oil (US) 50.0%     Developing fields Aktobe Oblast
Embavedoil 
Onshore
MOL Rt, Vegyepszer (Hungary) combined 49.0%     Producing 220 bbl/d 8/98; Vegyepszer may pull out
Gyural  Urals Trading (Cyprus)     Producing 365 bbl/d 8/98
Hurricane-Kumkol  Hurricane (Canada)      Producing 41,000 bbl/d 8/98
Karakudukmunai  American-Turkish Central Asia Guernsey 50.0% (JV with Chaparral/Turkish investors) Est. oil reserves over 70 million barrels    Producing 220 bbl/d 8/98
KazakhOil-Telf  Telf AG (Switzerland)     Producing 580 bbl/d 8/98
Kazgermunai  Veba Oel (Germany) 25.0%; EEG (Germany) 17.5%; IFC 7.5% Est. oil reserves 100 million barrels $300 million Producing 1,170 bbl/d 8/98
Kazpromstavba  Prumsylove Stavitelstvi (Czech Republic) 31.0%     Developing Kara-Arna field
Kazturkmunai  TPAO (Turkey) 49.0%     Producing 1,100 bbl/d 8/98
Kumkol-Lukoil  Lukoil (Russia) Est. oil reserves over 600 million barrels   Producing 17,010 bbl/d 8/98
Kuatamlonmunai  Amlon (UK) 50.0%     Developing Bektas-Konys field
Matin  FIOC     Producing 3,360 bbl/d 8/98
Steppe Leopard  Snow Leopard Resources (Canada) 45%; Snow Leopard International (5%) Est. oil reserves 100 million barrels   Developing Teplovsko-Tokareyev fields
Svetlandoil        Producing 290 bbl/d 8/98
Tasbulat Oil  Gendor (Cyprus)     Developing Tasbulat field
Tenge  Anglo-Dutch (US) Est. oil reserves 500 million barrels; 1 trillion cubic feet gas   Developing Tenge field
TengizChevroil (TCO)  Chevron (US) 45%; Mobil (US), 25%; LukArko (Russia), 5% Est. oil reserves 6-9 billion barrels $20 billion over 40 years Producing 182,000 bbl/d 8/98
Turan  Vega-D Geophysical (Canada) 25%; Technoeko (Canada) 25%     Developing Kzylkiya, Maybulak, Aryskum fields
Zhetbay-Quest  Quest (UK), Mannai (Qatar)      Well rehab at Zhetbay field

 Table 2

Other Oil Projects in Kazakhstan

Name Foreign Partners Reserves (proved + possible) Investment Status
American International Petroleum Corporation (AIPC) - Exploration License  AIPC (US) 70.0%  Est. oil/gas reserves 3.8 billion barrels oil equivalent   Seismic work done - drilling Altai No. 1 test well
Caspian Pipeline Consortium (CPC) Russia 24%; Kazakhstan 19%; Chevron (US) 15%; LukArco (Russia/United States) 12.5%; Mobil (US) 7.5%; Rosneft-Shell (Russia-U.K./Netherlands) 7.5%; Oman 7%, BG (U.K.) 2%; Agip (Italy) 2%; Kazakhstan Pipeline Ventures (Kazakhstan) 1.75%; and Oryx (United States) 1.75%    $2.3 billion Construction underway; 1st flows mid-2001. Ultimate capacity 1.34 million barrels/day 
Ertismunai 

Onshore (NE Kazakhstan) 

IPI (US) 50.0%; Kuat Holding (Kazakh) 50.0% Leah Industries has letter intent to buy IPI share Est. oil reserves 4.0 billion barrels     
Karachaganak PSA Agip (Italy) 32.5%; BG (UK) 32.5%; Texaco (US) 20.0%; Lukoil (Russia) 15% Est. oil reserves 2 billion barrels; est. gas reserves 28 trillion cubic feet $6 billion over 40 years Developing Karachaganak gas field
Karazhanbasmunai Nations Energy     Producing 10,300 bbl/d 8/98
OKIOC (Offshore Kazakhstan International Operating Company) PSA Signed November 1997  Agip (14.28%), BG (14.28%), BP/Statoil (14.28%), Mobil (14.28%), Royal Dutch/Shell (14.28%), Total (14.28%), Inpex (7.14%), Phillips (7.14%) Est. oil reserves 40 billion barrels   Drilling spring 1999; Production could begin 2004-2005
Mertvyi Kultuk PSA/ Ostrovnaya

 

Exxon (US) 50%; Oryx (US) 50%; Oryx merged with Kerr-McGee Est. oil reserves 150 million barrels   First exploratory well by a western company in the Kazakh portion of the Caspian sea. Ostrovnaya prospect spudded due to lack of infrastructure
Munai NPTs       Producing 440 bbl/d 8/98
Temir PSA Shell (UK/Netherlands) 60%; Veba Oil (Germany) 40% Est. oil reserves 300 million barrels $25 million Veba bought out Elf's share in 1995
Tulparmunai  Mobil (US) 25%; Shell (UK/Netherlands) 25%; Japan Petroleum (Japan) 12.5%; Sumitomoto (Japan) 12.5%     Exploration blocks 2 & 3 Aktobe oblast
Exploration/Field Concession Partex 50%; Union Texas (US) 37.5%; Oman Oil (Oman) 12.5%     Developing block in Mangistau Oblast
Exploration/Field Concession Amoco (US); TPAO (Turkey)     Developing block in Aktobe Oblast
Exploration/Field Concession Chinese Petroleum Corportion (Taiwan) Est. oil reserves 90 million barrels    
Exploration/Field Concession ONGC (India)     Concession Pavlodar Oblast
Exploration/Field Concession Repsol (Spain) 60%; Enterprise (UK) 40%     Concession Aktobe Oblast
Exploration/Field Concession JIT (Japan/Indonesia)     Exploration Aral region
Exploration/Field Concession Oman Oil, ARCO, Exxon      
Exploration/Field Concession JNOC (Japan) 50%   $3.9 billion over 30 years  
Exploration/Field Concession   Texaco (US) 65.0%, Nimir (Saudi Arabia) 35.0% Est. oil reserves 1.0-1.5 billion barrels   Development North Buzachi 
Field Rehablitation Seneca Resources (US)     Rehab 7 fields Atyrau oblast