Exploration & Production

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Exploration & Production

Increasing and fortifying its resource base is one of the company’s strategic objectives. Targets for hydrocarbon production are met and production activities are sustained thanks to a strong resource base. In addition to expanding its portfolio of licenses and engaging in a significant amount of exploration activity, the company consistently replenishes its reserves of gas and oil. The Company’s license blocks and fields are located in Kazakhstan. The Company prioritizes the use of cutting-edge tools and technologies in its exploration efforts, along with the assistance of design and research and development organizations to make operations run more smoothly.

An organization called KB Petroleum LLP is in charge of Aktobe’s oil fields. The Company is dedicated to securing production levels in the upstream sector that enable it to reconcile rationalization of mineral resources with economic efficiency. KB Petroleum LLP actively develops reserves that are difficult to recover while maintaining mature field production levels. The Company is actively creating new oil production hubs and developing appealing areas at the same time. By concentrating on enhancing its oil recovery factor—which is among the highest in the nation—the Company has been able to sustain a steady level of oil output in recent years.

Through the use of cutting-edge technology for data collection, analysis, and optimization, KB Petroleum LLP improves the critical decision-making skills and returns of businesses. Our services are designed to lower risk, improve decision-making, and boost portfolio value for E&P companies. Thanks to adaptable procedures and specialized toolkits, Imaging Services can tailor data visualization solutions to specific geological conditions and operational objectives. Multi-client 2D and 3D libraries that encompass almost all major offshore petroleum provinces reveal untapped exploration potential and aid in the improvement of investor decision-making. Industry-exclusive Operations Optimization devices, software, and engineering services improve asset performance and reduce operational risk in challenging offshore conditions.