Karachaganak Petroleum Operating B.V.
The Karachaganak field, discovered in 1979, is one of the world’s largest gas and condensate fields. Located in north-west Kazakhstan and covering an area of over 280 square kilometres, it holds estimated hydrocarbons initially in place (HIIP) of 9 billion barrels of condensate and 48 trillion cubic feet (tcf) of gas, with estimated gross reserves of over 2.4 billion barrels of condensate and 16 tcf of gas.
The Karachaganak Venture brings expertise and knowledge from five oil & gas companies – ENI (29.25 per cent), Royal Dutch Shell plc (29.25 per cent), Chevron (18 per cent), Lukoil (13.5 per cent) and KazMunaiGas (10 per cent). Together they share their experience and expertise with the Republic in looking at both domestic and export options for maximising the value of these resources.
In 1997, Venture partners set out with the former State Oil & Gas Authority to develop the vast reserves of Karachaganak. They signed a Final Production Sharing Agreement (FPSA) which will see the partnership operate Karachaganak until 2038. Since signing this agreement they have invested over $22 billion in the operations and have applied industry leading hydrocarbon technology to one of the world’s most complex reservoirs.
In 2018, KPO managed to reach record production levels of 148 million boe (barrels of oil equivalent) of stabilized and unstabilized liquid hydrocarbons, raw and fuel gas. 8.6 billion cubic metres of gas, which is approximately 45.4 per cent of the total gas produced, were re-injected to maintain reservoir pressure.
Information on the partnership of KPO and West Dala LLP
Waste handling in KPO is focused on reducing the actual and potential dangers the generated waste may impose on people and the environment. The KPO Waste Management Programme for 2018-2020 provides indicators and measures to gradually reduce the accumulated and generated waste volumes and their level of hazard.
The Company applies the following waste management methods:
- waste recycling back to the process stream;
- waste treatment at the Eco Centre facilities;
- waste disposal at the Eco Centre facilities;
- waste transfer to specialized contractor companies for further disposal, treatment and elimination.
The collaboration between West Dala and KPO began in 2011 and has a specific format, namely in the framework of providing solutions for selected problematic wastes and wastewater. The company has contractual obligations with KPO both directly and through its general waste management contractor.
KPO, like all international companies, has a well-establishedwaste management system that contributes to the development of long-term relationships with contractors. Due to this, West Dala understands that cooperation on certain types of services also contributes to the development of partnership between companies and creates the preconditions for its expansion.