Published: December 22 2023
MOL, a Hungarian oil and gas company, has commenced gas production in Kazakhstan's Rozhkovsky field as part of an international joint venture called Ural Oil and Gas LLP. This successful production launch is the result of collaboration between Hungarian, Kazakh, and Chinese partners.
Joint venture partners and operation details
The gas and condensate project at the Rozhkovsky field is operated by Ural Oil and Gas LLC, with KazMunayGas holding a 50% stake, MOL Group holding a 27.5% stake, and FIOC holding a 22.5% stake. The field, which was discovered in 2008, is located in the West Kazakhstan region, 60 km northeast of the city of Uralsk.
Production details and future plans
Gas production in the field began on December 19, 2023, with the first well expected to produce 300,000 cubic meters of gas per day. This gas will be transported to the Chinarevskoye gas plant for processing. MOL anticipates that the initial test production phase at the Rozhkovsky field will contribute approximately 1,300 barrels per day equivalent to the company's overall production.
In the future, four additional wells are scheduled to start production in the third quarter of 2024, which could increase the field's production to 1.5 million cubic meters per day. The second phase will involve further well works, drilling of new wells, the expansion of infrastructure, and an increase in production capacity to 2.5 million cubic meters per day by the end of 2027.
Resource estimation
According to the Kazakhstan State Mineral Resources Balance, the currently targeted reservoir in the Rozhkovsky field is estimated to contain approximately 158.8 million barrels of recoverable gas and condensate. This consists of 101.5 million barrels of gas and 57.3 million barrels of condensate.
Conclusion
The commencement of gas production in the Rozhkovsky field in Kazakhstan by MOL and its international partners highlights the successful cooperation between Hungarian, Kazakh, and Chinese entities. With the potential for increased production in the future, this project contributes to the overall energy landscape of both Hungary and Kazakhstan.
Questions & Answers
What is the name of the joint venture that MOL (Hungarian Oil and Gas PLC) is part of in Kazakhstan? MOL is part of the international joint venture Ural Oil and Gas LLP.
Who are the partners in the Ural Oil and Gas LLP joint venture in Kazakhstan? The partners in the joint venture are Kazakhstan's KazMunayGas (50 percent), Hungary's MOL Group (27.5 percent), and China's FIOC (22.5 percent).
Where is the Rozhkovsky gas field located? The Rozhkovsky gas field is located in the West Kazakhstan region, 60 km northeast of the city of Uralsk.
When did gas production start at the Rozhkovsky gas field? Gas production at the Rozhkovsky gas field started on December 19, 2023.
How much gas and condensate is recoverable from the currently targeted reservoir at the Rozhkovsky gas field? According to the Kazakhstan State Mineral Resources Balance, the amount of gas and condensate recoverable from the currently targeted reservoir is equivalent to 158.8 million barrels, with 101.5 million barrels of gas and 57.3 million barrels of condensate.
How many wells have been successfully brought to production at the Rozhkovsky gas field? Out of the nine wells drilled during the exploration phase, five were successfully brought to production in 2021.
What is the initial production capacity of the first well at the Rozhkovsky gas field? The first well is expected to produce 300,000 cubic meters of gas per day.
Where will the gas from the first well be transported for processing? The gas from the first well will be transported to the Chinarevskoye gas plant for processing.
What is the expected contribution of the initial one-way test production phase at the Rozhkovsky gas field? MOL expects the initial one-way test production phase at the Rozhkovsky gas field to contribute around 1,300 barrels per day equivalent to the group's production.
When are four additional wells scheduled to come on production at the Rozhkovsky gas field? Four additional wells are scheduled to come on production in the third quarter of 2024.
What is the expected production increase with the additional four wells at the Rozhkovsky gas field? The addition of four more wells is expected to increase the field's production to 1.5 million cubic meters per day.
What are the plans for the second phase at the Rozhkovsky gas field? The second phase includes further well works, drilling of new wells, expansion of infrastructure, and an increase in production capacity to 2.5 million cubic meters per day by the end of 2027.
