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KNOC Caspian Phase Block

Sector: Oil and Gas • Location: Kazakhstan

Source: Korea National Oil Corporation (KNOC)

Project
Ongoing

KNOC acquired Arystan and Kulzhan, which were in the development and exploration phases, respectively, by purchasing KNOC Caspian (formerly known as Sumbe) with a working interest of 85% in December, 2009. Production contracts were drawn up in October 2012 for Kulzhan and in April, 2014 for Arystan. As of June 2023, currently combined daily production is 8.5 kboe(KNOC’s share)

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The project “KNOC Caspian Phase Block” is an infrastructure initiative in the Oil and Gas sector, located in Kazakhstan. Taiyo aggregates data on it from Korea National Oil Corporation (KNOC).

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Participants

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ongoing

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Description

Description

KNOC acquired Arystan and Kulzhan, which were in the development and exploration phases, respectively, by purchasing KNOC Caspian (formerly known as Sumbe) with a working interest of 85% in December, 2009. Production contracts were drawn up in October 2012 for Kulzhan and in April, 2014 for Arystan. As of June 2023, currently combined daily production is 8.5 kboe(KNOC’s share)

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Source reliability

High

Data quality score

100%

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URL

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