Oil Emba has increased significant reserves

14 January, 2020

As part of the order of the President of the Republic of Kazakhstan K. Tokayev about to strengthen geological exploration, Embamunaigas JSC (hereinafter EMG or the Company) provided a significant increase in the company's hydrocarbon resource base in 2019, mainly due to additional exploration of existing fields.

The remaining recoverable reserves of EMG oil as of 01.01.2020 amounted to 86.2 million tons, compared to 74.3 million tons as of 01.01.2019.

- In 2019, the State Commission on mineral reserves of the Republic of Kazakhstan approved and accepted oil reserves in the amount of 14.8 million tons for the existing fields of Nurzhanov, Kenbay (Eastern Moldabek section), Dosmukhambetovskoe, Botakhan and the newly discovered Western Karasor field (1.4 million tons). The increase was achieved as a result of a rational approach to the development of Mature fields and active exploration by using new methods and technologies, - said the Chairman of the Board of EMG Anuar Zhaksybekov.

In addition, EMG completed the large-scale field seismic prospecting work of the Common Depth Point 3D (CDP) Method at the Taisoygan site in the volume of 5,600 square meters last year. At present, the processing and interpretation of the obtained CDP 3D data is being performed, which will result in the preparation of promising structures for prospecting and exploration drilling.

Contact details for media:

Aigul Ertleuova A.Ertleuova@emg.kmgep.kz  tel.: 8 (7122) 99-32-09:

Reference information: 

“Embamunaygas” JSC is affiliated company of “KazMunayGas Exploration Production” JSC. Officially, the foundation of “Embamunaygas” JSC start from 1922 - since the foundation of “Embaneft” Trust for development of the Dossor and Makat fields. The main company profiles are exploration, development of oil and gas fields; oil and gas production; oil and gas processing. “Embamunaygas” JSC consists of six operational structural units in Atyrau and four regional units in Atyrau Oblast: “Zhaiykmunaygas”, “Dossormunaygas”, “Kainarmunaygas”, “Zhylyoimunaygas”, “Embamunayenergo” company, and “Equipment technical maintenance and warehouse management”. Company supplies produced oil for export and domestic market. For the domestic market, oil is supplied to the oil processing plants in Kazakhstan. Oil is exported via two main routes: through the pipelines of the Caspian Pipeline Consortium (CPC) and Uzen-Atyrau-Samara (UAS). Sales gas is marketed through the gas and gas supply national operator of the RoK – “KazTransGas” JSC. Starting October 1, 2012 to 2019, Embamunaygas JSC sent over 1 trillion tenge for the payment of taxes to the republican and local budgets, more than 4.3 billion tenge was allocated for the development of regional infrastructure. “Embamunaygas” JSC operates in compliance with international standards ISO 9001, ISO 14001, OHSAS 18001, ISO 50001.