Exploration and Production
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Exploration and Production
One of the company’s strategic goals is to bolster and broaden its resource base. The stable resource base allows production to continue and hydrocarbon output targets to be fulfilled. Through extensive exploration and license portfolio expansion, the Company consistently replenishes its oil and gas reserves. Kazakhstan is home to the Company’s licensing blocks and fields. Utilizing cutting-edge equipment and technology for exploration, along with supporting operations through research and development and design centers, are all top priorities for the company because they boost productivity.
Kaztradeneft is an oil field management company based in Kazakhstan. The Company is committed to upholding upstream production levels that allow it to reconcile rationalization of mineral resources with economic efficiency. Kaztradeneft keeps field production levels at mature levels while aggressively developing reserves that are challenging to recover. In addition to actively developing desirable areas, the Corporation is actively establishing new oil production hubs. The company has sustained its oil output over the last few years by focusing on improving its oil recovery factor, which is already among the highest in the country.
By utilizing state-of-the-art instruments for data collection, analysis, and optimization, Kaztradeneft enhances businesses’ ability to make crucial decisions and their financial performance. Our services are intended to help E&P companies reduce risk, increase portfolio value, and make better decisions. Imaging Services is able to customize data visualization solutions to meet particular geological conditions and operational goals because of its flexible strategies and proprietary toolkits. Multi-client 2D and 3D libraries covering almost all of the major offshore petroleum provinces help investors identify new exploration opportunities and help them make better decisions. Engineering services, hardware, and operations optimization software improve asset performance and lower operational risk in harsh offshore environments.