Production & Development
Oil production is being increased, recovered, and highly productive assets are being replicated using modern methods. Multi-stage hydraulic fracturing and creative methods of extracting oil residues are used in the construction of high-tech wells.
Asker Munai Too has significantly enhanced its operations, productions, and growth in the oil and gas industry in recent years. Our goal is to outperform state-owned refineries in terms of producing liquid hydrocarbons and hydrocarbon reserves.
Since we presently account for 3.4% of Kazakhstan's crude oil production, expanding the company's resource base is a top focus. We have increased our liquid hydrocarbon reserves by 77% throughout the years.
Western Siberia, the Far East of Kazakhstan, Southern Kazakhstan, and Eastern Siberia are the areas of Kazakhstan where we operate and conduct business.
An important resource for the business is its exploration of Western Siberia, which contributes roughly 10% of its output. In 17 approved locations, we carry out geological exploration and deposit development.
In 2018, the company produced 10.4 million tons of oil, which was more than the 7.1 million tons produced in 2017. The widespread application of cutting-edge technologies and the introduction of proprietary scientific advancements in sophisticated drilling and exploration were responsible for the accomplishment.
The refinery's oil production increased quickly as a result of the new cooperation, which included expertise in drilling in new fields and deep exploration, as well as the replication of very effective drilling methods and technical and geological measures.
