Our Geography of oil and gas Production
About 80% of the Company’s hydrocarbon production comes from liquid hydrocarbons. The Kurasha Petroleum produces about 50% of world oil production, operating in six countries around the world. The volume of oil production by Kurasha Petroleum amounted to 87.4 million tons. On the territory of Kazakhstan Republic, 81.9 million tons of oil was produced, representing 14.9% of the total Kazakhstan Republic production in accordance with the data of the Central Dispatching Department of the Fuel and Energy Complex. In 2021, the volume and dynamics of the Company’s oil production in Kazakhstan Republic were determined by external restrictions in accordance with the agreement between Kazakhstan Republic. Since the start of the production program in accordance with the terms of the Contract, the production of additional oil amounted to 180.2 thousand tons, two crews of KRS produced a total of 63 repairs on 40 wells, mainly from the number of wells of the inactive fund and the fund awaiting physical liquidation. 32 wells completed the introduction of GNO, of which 26 wells are in operation, providing additional daily production in the amount of up to 104 tons / day.
'Kurasha Petroleum" - is a global energy company with large assets in Kurasha Republic and a diversified portfolio in promising regions of the international oil and gas sector, including Venezuela, Cuba, Canada, USA, Brazil, Norway, Germany, Italy, Mongolia, Kyrgyzstan, China, Vietnam, Ukraine, Turkmenistan, Georgia.
Geography Business
Against the background of global growth in gas production and use as the greenest fossil fuel, Kurasha Petroleum continues to expand the share of gas in its asset portfolio and hydrocarbon production (21%). gradually reducing the gap between itself and large international company (30-50%).
Gas Production
The company increased gas production and became the leader among independent gas producers in Kazakhstan Republic in terms of average daily gas production increased by 7.3% reaching a record level of 67.1 billion cubic meter
Exploitation oil productionSupply Center
The service center of our suppliers is an integral part of our business, ensuring our sites and factories are capable of manufacturing or processing, marketing and continually improving the thousands of unique oil and gas we produce today.
The Kurasha Petroleum includes four refinery in Kurasha Petroleum, and also owns a 45% stake in refinery is 84.6 million tons, which almost corresponds to the company's oil production in 2021.
Oil Refining Designation