Abstrait

The Geology and Reservoir Characteristics of the Kumkol Oil Field, Kazakhstan

A. A. Shukmanova

The Kumkol field is located in the Kyzylorda area, 200 kilometers from the town of Kyzylorda. Recoverable hydrocarbon reserves are about 55 million tons. Production in 2012 was 2.14 million tons of oil (LUKOIL's share was 1.07 million tons) and 222 million cubic meters of gas (LUKOIL's share was 111 million cubic meters). LUKOIL's share in investment from the start of the project has exceeded $ 600 million. The total number of employees is 675, 100% of whom are Kazakhstan nationals. LUKOIL plans to invest upto $ 190 million in development of the project till 2020