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Kashagan Field ( Kazakh: Қашаған кен орны, Qaşağan ken orny) is an offshore oil field in Kazakhstan 's zone of the Caspian Sea. [2] The field, discovered in 2000, is located in the northern part of the Caspian Sea close to Atyrau and is considered the world's largest discovery in the last 30 years, combined with the Tengiz Field ...
The Tengiz field, first discovered in 1979, has recoverable reserves estimated at between six billion and nine billion barrels. The field was jointly developed in 1993 as a 40-year venture between Chevron Texaco (50%), KazMunayGas (20%), US ExxonMobil (25%) and LukArco (5%). The joint venture company is known as Tengizchevroil (TCO).
The Kazakhstan–China oil pipeline is supplied from the Aktobe region's fields and from the Kumkol oil field. In the future, the main supply source will be Kashagan field . The pipeline is used also for the transportation of oil from Russia 's western Siberia by connection with the Omsk (Russia)– Pavlodar (Kazakhstan)– Shymkent ...
Fortunately, the Kashagan oilfield -- the largest oil discovery in the past 30 years -- just started production. Unfortunately for those involved in the project, it 13 Billion Barrels of New Oil ...
With 9 – 11 billion barrels, Kashagan is the largest oil field outside of the Middle East. It is estimated to come on stream in 2016 and reach production of 1.5 million barrels per day at its peak. Kazakhstan is a major oil producer with an estimated total production of 1.64 million barrels per day in 2013.
No find in the past 30 years is bigger than the Kashagan field in the Caspian Sea. But after years of delays, oil will finally begin flowing from this potentially 90 billion barrel behemoth.
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The basins are located in six provinces of Kazakhstan: Aktobe, Atyrau, West Kazakhstan, Karaganda, Kyzylorda and Mangystau provinces. See also. Energy portal; Karachaganak Field - a natural gas condensate field in Kazakhstan; Kashagan Field - an oil field located in Kazakhstan, situated in the northern part of the Caspian Sea