Rising kashagan output weighs on kazakhstans cpc oil. Kashagan field wikimili, the best wikipedia reader. The consortium planned to produce 180,000bpd of oil from kashagan by the end of 20, which was expected to rise up to 370,000bpd upon completion of the second phase, but production has since been suspended due to the replacement of pipeline. With the start of the project being delayed for years now the start date has been moved to 2016 due to several environment, legal, and investment. Kashagans recoverable reserves are estimated at 7 to billion barrels of crude oil. Kashagan is crucial for the future oil and gas output of kazakhstan, but represents one of the most complicated oil field developments to date. The kashagan story is about geopolitical gambling with big oil in the caspian sea and inflating the oil bubble in global markets. Kazakh authorities are reluctant to specify the production costs of oil at specific fields, but karabalin said in october 2014 that the average. The recently announced super giant kashagan discovery in the kazakhstan sector of the north caspian sea is the worlds largest discovery in three decades. Field statistics worlds largest oil field discovered in the past three decades. The kashagan oil field is located under the sea approximately 80 km southeast of the town of atyrau. Because kashagan is located in the northern section of the landlocked caspian sea, bringing oil from the field to market also presents significant logistical hurdles.
For your convenience, we publish a condensed version of that report outlining the said issues with. Field development includes production of crude oil and associated sour gas 15% h2s from the reservoir by a combination of offshore processing facilities and pipeline systems to transport the crude oil and gas to the onshore processing facility opf, 40 km east of atyrau. Kashagan pipeline replacement project bonatti projects. Kashagan and tengiz castor and pollux daniel johnston and david johnston adapted from petromin magazine 15 december, 2001. Kashagan oil field development project in the north of the caspian sea manmade islands, kazakhstan enka and jv partner bechtel were awarded several contracts, beginning in. May 17, 2017 in april 2017, crude accountability presented the report, the kashagan oil bubble. Institute of oil and gas, kazakh national technical university named after k. Kashagan oil field and the consortium that has been developing it since 1997. Problems mount at kashagan oil field by james burgess apr 02, 2014, 5. Kashagan and tengiz, kazakhstans largest onshore field, together account for a significant part of nearly 4 million bbld of oil production that eias 20 international energy outlook projects kazakhstan will reach in 2040. Enka kashagan oil field development project 03 youtube. Kashagan field, kashagan east 1 and west 1 geology. Toxic chemicals linked to development of the kashagan oil field in kazakhstan are polluting the caspian sea environment and damaging the health and livelihoods of local communities. May, 20 kashagan oil field analysis of geology, geophysics and petroleum system 1.
Kashagan oil field seen by total producing 2017 at latest. When discovered in the 1990s, the kashagan oil field was the second largest oil field in the world. Kashagan oil field project why has the global kashagan oil field project gone over budget and how could the situation been prevented. Kashagan offshore oil field project for the worlds largest oil field discovery in the past forty years, only proven coating protection would do. The giant kazakhstani oilfield, kashagan, is one of the worlds biggest oil finds and the biggest oil discovery of recent times 1.
Pdf case study of the kashagan oil field project vlad ilie. A test case for kazakhstans governance of its oil and gas sector. Pdf advanced upscaling for kashagan reservoir modeling. Akhil prabhakar subrat sundarayabhinav singh sunita mohapatraankit khaitan tanmay biswas. Kazakhstans kashagan oil field increases production rogtec. The kashagan consortium will have to buy pipes adding up to a total length of 200 km 125 miles to replace the entire network of the fields oil and gas pipelines, the ministry added. The report examines the main reasons that led to the failure of the kashagan oil field development project promoted by the government of kazakhstan. Following the successful pipelines replacement, the field has been recently reopened. Daily oil production at the kashagan offshore field in kazakhstans atyrau region has increased, said antonia vella, chief operational director of eni at the meeting with the head of atyrau region nurlan nogayev, kazakh media outlets reported.
The kashagan oil field is located within a protected territorythe shallow nature reserve zone of the north caspian sea. Evaluation of saltsection and interpretation of wells in. The worlds largest offshore oil field is back in action. The field is situated in the northern part of the caspian sea close to the city of atyrau, offshore in 10 22 feet. The field, discovered in 2000, is located in the northern part of the caspian sea close to atyrau and is considered the worlds largest discovery in the last 30 years, combined with the tengiz field it is estimated that the kashagan field has. The first production from the field was achieved in september 20.
The field, discovered in 2000, is located in the northern part of the caspian sea close to atyrau and is considered the worlds largest discovery in the last 30 years, comb. With the start of the project being delayed for years now the start date has been moved to 2016 due to several environment, legal, and investmentassociated complications, it is also the worlds most expensive standalone project 2. Kashagan field is a carboniferous isolated platform complex that features a structurally elevated margin 100200 m higher than the platform interior. Kashagan offshore oil field offshore technology oil. Most notably, the endangered sturgeon migrate through this area to their spawning grounds, the endangered caspian seals whelping grounds are found here, and numerous bird species migrate through this area. Dec 15, 2012 field statistics worlds largest oil field discovered in the past three decades. Kashagan oil field analysis of geology, geophysics and. The kashagan field in kazakhstan covers 1,034 square miles and is located at a depth of four to six meters. The kashagan field in the caspian sea is considered the single most important discovery in the past 30 years and is the fifth largest oil field in the world. Pdf the kashagan field is a huge carbonate formation located 4. The kashagan oil field is located in the northern caspian sea, western kazakhstan fig. Kashagan field is one of the largest oil fields discovered in the last 30 years.
Karachaganak field, but it is at a lessadvanced stage of planning. Kashagan and tengiz are the two largest fields in kazakhstantheir oil reserves alone rival the united states 22 billion barrels of oil, yet they have hardly. The production had to be, however, halted for a few weeks as gas leaks were detected from a pipeline connecting the field to the onshore processing facility. Petroleum geology and resources of the north caspian basin. The reservoir is saturated by overpressured light oil, and the development is.
Discovered in july, 2000 its considered to be the largest field of kazhakhastan. This report is about the story of kashagan and offshore oil development in kazakhstan. Kashagan is the most important field in the 11 blocks falling under the north caspian sea. Jun 08, 2017 rising kashagan output weighs on kazakhstans cpc oil price. Introduction the kashagan oil field is located in the northern caspian sea, western kazakhstan fig. Kazakhstan consortium achieves first oil production from. Update 1new pipelines to cost kashagan oil project up to. Kashagan may start pumping oil over the next year or so and quickly achieve a sustained output over the following year, the cost of producing oil in the field continues to agitate market watchers. Kashagan field development project experimental program. It explains the background to production geology in the context of oil field subsurface operations. Ul, exxon mobil, eni, royal dutch shell, total, inpex and. United arab emirates energy minister suhail al mazrouei told bloomberg oct.
Apr 15, 2015 kashagan oil field development project in the north of the caspian sea manmade islands, kazakhstan enka and jv partner bechtel were awarded several contracts, beginning in 1998, for the. The shallow water offshore development consists of 35 drilling centers, five processing trains, two offshore processing hubs, three offshore gas plants, an onshore terminal comprising multiple oil trains and gas sweetening plants for fuel gas, 1,000. Without much international fanfare, the worlds largest offshore oil field and the largest discovered in the last 40 years, kazakhstans kashagan field, is on the verge of finally moving. Kashagan field is an offshore oil field discovered in the kazakhstan sector of the caspian sea in 2000. The margin contains fractured, mechanically rigid facies that were more resistant to compaction than the facies in the interior. Evaluation of saltsection and interpretation of wells in the.
The field, discovered in 2000, is located in the northern part of the caspian sea close to atyrau and is considered the worlds largest discovery in the last 30 years, combined with the tengiz field. Kashagan oil field development friends of the earth europe. Stateowned kazmunaigaz national co held 75 per cent interest in the block with an estimated 387 million tons of resources 2. The massive kashagan oil project in the caspian sea has suffered from huge cost overruns and delays, and the. Akhil prabhakar subrat sundarayabhinav singh sunita mohapatraankit khaitan tanmay biswas 2. Northcaspian regionshowing kashaganand adjoining oilfields 3. Enka kashagan oil field development project 01 youtube.
An aerial view shows the artificial islands at the kashagan offshore oil field in the caspian sea in western kazakhstan october 16. Kashagan oil field has been developed by a consortium of china national petroleum corp cnpet. Geological survey world energy assessment team, 2000. Dec 01, 2007 toxic chemicals linked to development of the kashagan oil field in kazakhstan are polluting the caspian sea environment and damaging the health and livelihoods of local communities. Rising kashagan output weighs on kazakhstans cpc oil price. Kashagan oil field analysis of geology, geophysics and petroleum system 1. Agip kco, a local subsidiary, is responsible for developing. Sulphide stress corrosion was identified as the cause of the leaks. Nov 10, 2014 kashagan oil field seen by total producing 2017 at latest. It is a large, isolated carbonate bank, one of the biggest buildups in an archipelago that characterized the precaspian basin from the. The case of an offshore field development in kazakhstan. The second section examines the specifics of the existing production sharing agreements and the key domestic legislative. Origin of the raised rim in the kashagan buildup, kazakhstan.
Kashagan is probably the largest oil field outside the middle east and the fifth largest in terms of reserves, and may account for onethird of kazakhstans current oil reserves. Pdf case study of the kashagan oil field project vlad. Sovereign kazakhstan has become hostage to its oil sector and can face serious economic loss and an environmental disaster in the region by developing an oilfield as challenging as kashagan. The giant field covers an area of 75 km x 45 km and it is currently estimated that the field holds up to 38 billion barrels of oilinplace, of which 9 billion are potentially recoverable.
Kashagan oil field, kazakhstan july 14, 2016 this enormous facility in the caspian sea was built to draw oil and gas from the kashagan oil fieldone of the largest contemporary oil discoveries. Kashaganoil fielddevelopment kazakhstan introduction 3 1 executivesummary 4 2 politicalandeconomiccontext 5 3 kashaganoilfield 6 fielddescription 6. Kashagan, offshore of kazakhstan, produces oil and gas and is one of the biggest fields we have discovered in the past 40 years, with reserves of 35 billion barrels of oil on site. Kashagan worlds most important new field delayed by dolanbaker. Production sharing agreement psa, covering a total of 5,600 km. The kashagan field is estimated to contain 35 bbo in place, of which 10 bb is recoverable oil, using gas reinjection. My experience is the tendency these days in big projects is to not over engineer facilities i. The kashagan field, the largest known oil field outside the middle east and the fifth largest in the world in terms of reserves, is located off the northern shore of the caspian sea near the city of atyrau, kazakhstan. The recent, potentially supergiant oil discovery in the kashagan prospect in the northern caspian sea can substantially increase the amount of the basins reserves.