Outlooks for increase of oil and gas industry potential Outlooks for increase of oil and gas industry potential

Authors:

Kuandykov B.M. , Yeskozha B.A. - Association of Petroleum Geologists of Kazakhstan

Authors:

Kuandykov B.M. , Yeskozha B.A. - Association of Petroleum Geologists of Kazakhstan

Almaty, October 04, 2012

KIOGE 2012 Conference

Oil Production- Ranking by CountriesOil Production- Ranking by Countries ((top top 26 26 countries, as countries, as

of the end of 2010of the end of 2010))

Kaz

akh

sta

n

Kazakhstan ranks 9th by proved reserves of oil, with a 2.9% share of total world reserves and 18th by proved reserves of gas with a 1.0% share of total world reserves.(All figures are at end 2010.Source: BP Statistical Review of World Energy, June 2011.)

2020 production planned ranking:

8 place

Million

Tons

Kazakhstan: 2011 - 80.6 mln tons (1.6 mln bbls/day). Forecast for 2020 - 132 mln tons (2,6 mln bbls/day) 1

Oil,

mln

tons

Oil,

mln

tons

1965 1970 1975 1980 1985 1990 1995 2000 2005 2011 2020

FO

REC

AS

T

5959 5959

132132132132

8080.6.68080.6.6

Gas

, bln

m3

Gas

, bln

m3

FO

REC

AS

T

2323

9292

4141

Kazakhstan: Oil & Gas Production (1965-

2020)

Kazakhstan: Oil & Gas Production (1965-

2020)

2

2000

3.4 Bln. t

(25 bln barr.)**

5.3 Bln. t

(more than 38 bln barr.)***

2010

2000

1.8 trln.

cub. м**

3.3trln.

cub. м***

2010

Including new fields discovered in

the Caspian Sea shelf.*

Recoverable Oil Reserves

Recoverable Gas Reserves

Kazakhstan is currently implementing the first-rate world oil and gas

industrial projects:Tengiz, Kashagan,

KarachaganakThe total forecast

recoverable hydrocarbon

resources  - 17 bln tons, of

which 8 bln tons fall on the

the  Caspian Sea shelf* (2009)

Ranks 9th  in the world by its proved oil reserves ** (as

of the end of 2010)

Ranks 18th in the world by its proved gas reserves ** (as of the end of 2010)

Sources *Governmental Program on development of oil and gas sector in the Republic of Kazakhstan for 2010-2014; ** BP Statistical Review of World Energy 2011 www.bp.com; *** Interview of the Kazakh Minister of oil and gas to the magazine “Oil and Gas of Kazakhstan”, Dec, 2011.

Kazakhstan: Hydrocarbon Reserves Growth

Excluding new fields discovered in

the Caspian Sea shelf.*

3

Sedimentary Basins of KazakhstanSedimentary Basins of Kazakhstan

4

Pre-Caspian BasinPre-Caspian BasinPre-Caspian BasinPre-Caspian Basin

5

Development of Export InfrastruxtureDevelopment of Export Infrastruxture

6

Devonian-Carboniferous SR charge

Lower Permian salt and shale top seal

Devonian-Carboniferous carbonate bioherm

reservoirs

Kashagan Estimated STOLIP

5,5 Billion. tonns

Some Major fields of Kazakhstan: Some Major fields of Kazakhstan: Some Major fields of Kazakhstan: Some Major fields of Kazakhstan:

KashaganKashaganKashaganKashagan

7

KarachaganakKarachaganakKarachaganakKarachaganak

Some Major fields of Kazakhstan: Some Major fields of Kazakhstan: Some Major fields of Kazakhstan: Some Major fields of Kazakhstan:

8

Karachaganak Estimated STOLIP

1,1 Billion. tonns Oil 1,4 Trln. m Gas3

The Example of Deeply Buried Reef Bodies in the Precaspian Basin: : The Example of Deeply Buried Reef Bodies in the Precaspian Basin: :

9

Model of Traps –Reservoirs and Types of Hydrocarbon Model of Traps –Reservoirs and Types of Hydrocarbon Accumulations Accumulations in Post-salt Sequencein Post-salt Sequence

Precaspian BasinPrecaspian Basin

10

Geological Section Across the Caspian SeaGeological Section Across the Caspian Sea

11

Map of offshore blocks in the Kazakhstan part of Map of offshore blocks in the Kazakhstan part of Caspian SeaCaspian Sea

CaspianCaspian SeaSea

12

Chu – Sarysu Chu – Sarysu BasinBasin

Geological Geophysical Cross-SectionGeological Geophysical Cross-Section

13

Syr-Dariya Basin Syr-Dariya Basin Geological Geophysical Cross-Geological Geophysical Cross-SectionSection

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CONCLUSIONCONCLUSION

Main activities for further geological exploration in the Republic of Kazakhstan:

1.Exploration for deep-seated intra-basinal carbonate platforms (up to 7 km and more) in the Precaspian basin, subthrust structures in the edge zones and suture areas of heterochronous platforms, areas of Devonian large arched uplifts;

2.Investigation of areas adjacent to major and unique fields Tengiz, Kashagan and Karachaganak with the aim to discover their so -called “satellites”;

3.Prospecting for new oil-bearing fields in the post-salt sequence, particularly in the interdome zones and distant peripheries of salt domes, active study of the intermediate Permian- Triassic sequence and Paleozoic rocks in Ustyurt and Mangyshlak;

4.Stirring up of geological prospecting in the Paleozoic sequence in the South Torgai basin and Shu-Sarysu depression;

5.In view of the start of construction of the intra-Kazakhstan gas pipeline Bozoi-Shymkent, prospecting for gas reservoirs will be intensified in the areas of the East Aral, Syr-Darya, Shu-Sarysu basins adjacent to the gas pipeline route;

6.Planned and detailed studies of nonconventional for us sources of hydrocarbon accumulation such as kirs, bituminous sands will start as well prospecting for hydrocarbons in shale rocks.

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Thank you for your attention!

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