Exploration

Exploration

Kazakhmys Refinery LLP carries out exploration works with the purpose of expanding the resource base. Exploration activities have been consistently delivering good results driven by the advanced exploration techniques and selection of the most promising areas based on research results. To increase the success of exploration drilling, step-by-step implementation of advanced technologies for processing and interpreting seismic data continued. In particular, innovative approaches to account for inhomogeneities of the upper part of the column are used to minimize the forecast error for structures. At the design stage, finite-difference modeling of the wave field is carried out to select the optimal parameters of the seismic survey.

Most of our international exploration activities were concentrated holding 60% as project operator and INPEX CORPORATION holding 40%). 3D seismic surveys were conducted at within the approved exploration program, with a fourth well drilled to completion at the large discovered field, producing a commercial flow of dcrude oil.

With its vast resource base, the Company is especially focused on the development of the new projects to ramp-up exploration. The new projects include both development of new fields and enhancing recovery at mature fields through the use of advanced technologies, increased explore of products, and a higher number of EOR operations.

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