New Millionth Reserves Are Added to EMG
State Commission on Mineral Reserves of the Republic of Kazakhstan (hereinafter, SCMR) approved an increase in reserves of 9 million tons at the S. Nurzhanov's field of Embamunaigas JSC (hereinafter, EMG or the Company). As a result, recoverable reserves in this field increased from 40.5 million tons to 50.1 million tons.
- As a result of a rational and prudent approach to the development of mature fields and active exploration over the past years, the Company has significantly increased the quantities of oil produced and ensured a significant increase in reserves. Despite the fact that the S. Nurzhanov's field has been developed since the 1960s, thanks to the development methods used by the EMG oil geologists, it continues to provide the lion's share of oil production from the oversaline deposits of the Caspian oil and gas basin for EMG, while maintaining a low level of water cut. Now, after the approval of an increase in hydrocarbon feed reserves by 25%, the field will extend its life for several more decades while maintaining the level of oil recovery coefficient at the previous level and will ensure further stable development of the EMG oil,” noted Anuar ZHAKSYBEKOV, Chairman of the EMG Management Board.
The main factors that ensured the growth of reserves were: reservoir characterization of the structural and tectonic model based on seismic and well data on the area of the distribution of deposits, estimated parameters, drilling of new wells, testing of sites evaluated according to category C2.
Nurzhanov's field was discovered in 1960, put into pilot operation in 1963, and industrial development has been underway since 1966. In total, eight different calculations of reserves were performed over the history of the field, according to which the reserves of the field were constantly increasing due to the development of new horizons and units.
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 11 months of 2019, Embamunaygas JSC sent over 1 trillion 041 billion 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.
