Abstract
Kazakhstan Oil and Gas Exploration and Production Industry Investment
Opportunities, Analysis and Forecasts of All Active and Planned Exploration
Blocks and Oil and Gas Fields to 2012
Summary
This profile is the essential source for top-level industry data and
information relating to the Exploration and Production industry in Kazakhstan.
It provides asset level information relating to the active and planned oil and
gas fields and exploration blocks in Kazakhstan. The profiles of the major
companies operating in the upstream industry of Kazakhstan are also included
in the report. The latest news and deals pertaining to the sector are also
provided and analyzed.
Scope
・ Updated information relating to all active and planned exploration
blocks.
・ Provides historical and forecast data and information for all
the major operating and planned crude oil and natural gas fields.
・
Details operators and equity partners of oil and gas fields and exploration
blocks.
・ Includes information relating to license round details, start
and end dates, acreage, location, and reserves.
・ Information on the top
companies in the sector including business description, strategic analysis,
and financial information.
・ Product and brand updates, strategy changes,
R&D projects, corporate expansions and contractions and regulatory
changes.
・ Key mergers and acquisitions, partnerships, private equity
investments and IPOs.
Reasons to buy
・ Obtain the most up to date information available on exploration licenses and
oil and gas fields.
・ Identify growth markets and opportunities in the
industry.
・ Facilitate market analysis and forecasting of future industry
trends.
・ Facilitate decision making on the basis of strong historic and
forecast data data.
・ Assess your competitor' s exploration and production
asset portfolio.
・ Understand and respond to your competitors business
structure, strategy and prospects.
・ Develop strategies based on the
latest operational, financial, and regulatory events.
・ Do deals with an
understanding of how competitors are financed, and the mergers and
partnerships that have shaped the market.
・ Identify and analyze the
strengths and weaknesses of the leading companies.
Table of Contents
1 Table of Contents 2
1.1 List of Tables 9
1.2 List of Figures 11
2 Introduction 12
2.1 What Is This Report About? 12
2.2 How To Use
This Report 12
2.3 Market Definition 12
3 Kazakhstan, Country Snapshot
13
3.1 Kazakhstan, Key Data 13
3.2 Kazakhstan, Exploration And
Production Assets Map 14
3.3 Kazakhstan, Crude Oil & Natural Gas Reserves
15
4 Kazakhstan, Crude Oil And Natural Gas Production 17
4.1
Kazakhstan, Historical Crude Oil Production 17
4.2 Kazakhstan, Historical
Natural Gas Production 18
4.3 Kazakhstan, Crude Oil And Natural Gas
Producing Asset Details 19
4.4 Kazakhstan, Crude Oil Production Assets By
Area 21
4.5 Kazakhstan, Natural Gas Production Assets By Area 22
4.6
Kazakhstan, Planned Production Assets Details 23
4.7 Kazakhstan, Crude Oil
Production By Company 24
4.8 Kazakhstan, Natural Gas Production By Company
25
5 Kazakhstan, Crude Oil And Natural Gas Forecasts 26
5.1
Kazakhstan, Forecasted Crude Oil Production 26
5.2 Kazakhstan, Forecasted
Natural Gas Production 26
6 Kazakhstan, Exploration Block Details 27
6.1 Kazakhstan, Total Number of Active Exploration Blocks 27
6.2
Kazakhstan, Total Number of Active Exploration Blocks By Company 28
6.3
Kazakhstan, Exploration Blocks Details 28
7 BG Group plc 30
7.1 BG
Group plc, Key Information 30
7.2 BG Group plc, Company Overview 30
7.3 BG Group plc, Business Description 30
7.3.1 BG Group plc, Business
Description, Business Overview 30
7.3.2 BG Group plc, Business
Description, Exploration and Production 30
7.3.3 BG Group plc, Business
Description, Liquefied Natural Gas 32
7.3.4 BG Group plc, Business
Description, Power and Other activities 32
7.3.5 BG Group plc, Business
Description, Transmission and Distribution 33
7.3.6 BG Group plc, Business
Description, Major Products and Services 34
7.4 BG Group plc, Value Chain
Analysis 36
7.4.1 BG Group plc, Value Chain Analysis, Upstream 36
7.4.2 BG Group plc, Value Chain Analysis, Midstream 37
7.4.3 BG Group plc,
Value Chain Analysis, Downstream 37
7.5 BG Group plc, SWOT Analysis 39
7.5.1 BG Group plc, SWOT Analysis, Overview 39
7.5.2 BG Group plc, SWOT
Analysis, Strengths 39
7.5.3 BG Group plc, SWOT Analysis, Weaknesses
40
7.5.4 BG Group plc, SWOT Analysis, Opportunities 41
7.5.5 BG Group
plc, SWOT Analysis, Threats 42
7.6 BG Group plc, Revenue Analysis 43
7.6.1 BG Group plc, Revenue Analysis, Revenue by Segment 43
7.6.2 BG Group
plc, Revenue Analysis, Revenue by Geography 44
7.7 BG Group plc, Financial
and Operational Review 45
7.7.1 BG Group plc, Financial and Operational
Review, Financial Statements 45
7.7.2 BG Group plc, Financial and
Operational Review, Financial Ratios 46
7.8 BG Group plc, Operational
Indicators 47
8 Chevron Corporation 48
8.1 Chevron Corporation, Key
Information 48
8.2 Chevron Corporation, Company Overview 48
8.3
Chevron Corporation, Business Description 48
8.3.1 Chevron Corporation,
Business Description, Business Overview 48
8.3.2 Chevron Corporation,
Business Description, Chemicals 49
8.3.3 Chevron Corporation, Business
Description, Downstream Segment 50
8.3.4 Chevron Corporation, Business
Description, Others Segment 51
8.3.5 Chevron Corporation, Business
Description, Upstream Segment 52
8.3.6 Chevron Corporation, Business
Description, Major Products and Services 53
8.4 Chevron Corporation, Value
Chain Analysis 56
8.4.1 Chevron Corporation, Value Chain Analysis,
Upstream 56
8.4.2 Chevron Corporation, Value Chain Analysis, Midstream
57
8.4.3 Chevron Corporation, Value Chain Analysis, Retail 58
8.4.4
Chevron Corporation, Value Chain Analysis, Power Generation 59
8.4.5
Chevron Corporation, Value Chain Analysis, Transformation 59
8.5 Chevron
Corporation, SWOT Analysis 61
8.5.1 Chevron Corporation, SWOT Analysis,
Overview 61
8.5.2 Chevron Corporation, SWOT Analysis, Strengths 61
8.5.3 Chevron Corporation, SWOT Analysis, Weaknesses 62
8.5.4 Chevron
Corporation, SWOT Analysis, Opportunities 63
8.5.5 Chevron Corporation,
SWOT Analysis, Threats 64
8.6 Chevron Corporation, Revenue Analysis 66
8.6.1 Chevron Corporation, Revenue Analysis, Revenue by Segment 66
8.6.2
Chevron Corporation, Revenue Analysis, Revenue by Geography 67
8.7 Chevron
Corporation, Financial and Operational Review 68
8.7.1 Chevron
Corporation, Financial and Operational Review, Financial Statements 68
8.7.2 Chevron Corporation, Financial and Operational Review, Financial Ratios
69
8.8 Chevron Corporation, Operational Indicators 70
9 LUKOIL Oil
Company 71
9.1 LUKOIL Oil Company, Key Information 71
9.2 LUKOIL Oil
Company, Company Overview 71
9.3 LUKOIL Oil Company, Business Description
71
9.3.1 LUKOIL Oil Company, Business Description, Business Overview
71
9.3.2 LUKOIL Oil Company, Business Description, Chemicals 72
9.3.3
LUKOIL Oil Company, Business Description, Exploration and Production 72
9.3.4 LUKOIL Oil Company, Business Description, Refining, Marketing and
Distribution 73
9.3.5 LUKOIL Oil Company, Business Description, Major
Products and Services 75
9.4 LUKOIL Oil Company, Value Chain Analysis
77
9.4.1 LUKOIL Oil Company, Value Chain Analysis, Upstream 77
9.4.2
LUKOIL Oil Company, Value Chain Analysis, Midstream 78
9.4.3 LUKOIL Oil
Company, Value Chain Analysis, Downstream 79
9.4.4 LUKOIL Oil Company,
Value Chain Analysis, Retail 79
9.5 LUKOIL Oil Company, SWOT Analysis
81
9.5.1 LUKOIL Oil Company, SWOT Analysis, Overview 81
9.5.2 LUKOIL
Oil Company, SWOT Analysis, Strengths 81
9.5.3 LUKOIL Oil Company, SWOT
Analysis, Weaknesses 82
9.5.4 LUKOIL Oil Company, SWOT Analysis,
Opportunities 83
9.5.5 LUKOIL Oil Company, SWOT Analysis, Threats 84
9.6 LUKOIL Oil Company, Revenue Analysis 85
9.6.1 LUKOIL Oil Company,
Revenue Analysis, Revenue by Segment 85
9.6.2 LUKOIL Oil Company, Revenue
Analysis, Revenue by Geography 85
9.7 LUKOIL Oil Company, Financial and
Operational Review 87
9.7.1 LUKOIL Oil Company, Financial and Operational
Review, Financial Statements 87
9.7.2 LUKOIL Oil Company, Financial and
Operational Review, Financial Ratios 88
9.8 LUKOIL Oil Company,
Operational Indicators 89
10 Kazakhstan Exploration and Production Sector,
Financial Deals Landscape 90
10.1 Acquisition 90
10.1.1 KazMunaiGas
Intends To Acquire Minority Interest In MangistauMunaiGas 90
10.1.2
Petrolinvest To Acquire Stakes In Too Emba Jug, Occidental Resources And
Capital Energy 91
10.1.3 Max Petroleum To Acquire 20% Interest In Madiran
Investment From Horizon Services 93
10.1.4 KazMunaiGas To Acquire 50%
Stake In Turgai Petroleum 94
10.1.5 Gazprom And Kaz MunayGaz To Acquire
Stake In MangistauMunaiGas 96
10.1.6 Roxi Petroleum To Sell Interest In
Ravninnoe Oil LLP 97
10.2 Asset Transactions 99
10.2.1 Arawak Acquires
Tamdykol Exploration Block In Kazakhstan 99
10.2.2 Kazakhmys Acquires
Ekibastuz Power Plant And Maikuben West Coal Mine From AES 100
10.2.3 Eni
And Partners To Sell Their 8.3% Stake In Kashagan Oil Field To KazMunaiGaz
National 102
10.2.4 ONGC Mittal Energy To Acquire Interest In Satpayev
Block 103
11 Kazakhstan Exploration and Production Sector, Recent
Developments 105
11.1 License Rounds 105
11.1.1 Jun 30, 2008:
Kazakhstan To Tender New Oil And Gas Blocks In 2009 105
11.2 License
Awards 105
11.2.1 Jul 31, 2008: Max Petroleum Extends Kazakhstan License
By Two Years 105
11.2.2 Jun 27, 2008: Caspian Receives Approval To Restart
Oil Production Operations 106
11.2.3 Jun 24, 2008: BMB Munai Announces
Receipt Of Exploration Contract Extension 106
11.3 Strategy and Business
Expansion 107
11.3.1 Jun 27, 2008: SK Energy Aims At Six-Fold Increase In
Oil, Gas Output 107
11.4 Recent Discoveries 108
11.4.1 Jun 20, 2008:
MOL Announces Oil And Gas Field Discovery In Fedorovskoye Block, Kazakhstan
108
11.4.2 Oct 16, 2007: Arawak Provides Drilling Updates In Kazakhstan
108
11.5 Drilling and Production Updates 109
11.5.1 Aug 13, 2008:
Tethys Announces Gas Flows At Its AKK15 Well In Akkulka Exploration Block,
Kazakhstan 109
11.5.2 Jul 18, 2008: KazMunaiGas Announces Operating
Results For First Half 2008 110
11.5.3 Jun 30, 2008: Tethys Starts
Drilling On AKK15 Well In Kazakhstan 110
11.5.4 May 30, 2008: Total
Expects Kashagan Oil Production Starting In Next Few Years 110
11.5.5 May
16, 2008: Tethys Updates On First Kul-Bas Exploration Well 111
11.5.6 Apr
28, 2008: KMG EP Provides Operational Update 111
11.5.7 Apr 28, 2008:
Kazmunaigas Updates On Its Q1 2008 Production Results 112
11.5.8 Apr 23,
2008: Arawak Provides Operational Update 113
11.5.9 Apr 11, 2008: Tethys
Commences Of First Exploration Well On Kul-Bas Block 114
11.5.10 Mar 20,
2008: Caspian Drills First Exploration Well, Baktygaryn #703 114
11.5.11
Mar 11, 2008: Chevron To Increase Refining Scale And Flexibility 115
11.5.12 Feb 04, 2008: Kazmunaigas Updates On Year-End 2007 Reserves 116
11.5.13 Jan 22, 2008: KazMunaiGas Announces 2007 Production Results 117
11.5.14 Jan 02, 2008: Max Petroleum Resumes Production At Zhana Makat Field
118
11.5.15 Dec 19, 2007: Tethys Begins Production From Kyzyloi Gas Field,
Kazakhstan 118
11.5.16 Dec 17, 2007: Max Petroleum Temporarily Suspends
Production At Zhana Makat Field 118
11.5.17 Oct 17, 2007: KazMunaiGas
Declares First Nine-Months 2007 Production Results 118
11.6 Financial
Announcements 119
11.6.1 Aug 11, 2008: BMB Reports 1Q Fiscal 2009 Results
119
11.6.2 Jun 16, 2008: BMB Reports Fiscal 2008 Results 119
11.6.3
May 14, 2008: Kazmunaigas Reports Q1 2008 Results 120
11.6.4 Apr 11, 2008:
KazMunaiGas Board Recommends Annual Dividend 121
11.6.5 Mar 17, 2008:
Kazmunaigas Reports Q4 2007 Results 121
11.6.6 Dec 10, 2007: Kazmunaigas
Reports Q3 2007 Results 123
11.6.7 Sep 17, 2007: KazMunaiGas Declares Q2
2007 Results 125
11.7 Other Significant Developments 126
11.7.1 Sep
01, 2008: Caspian Updates On Zhengeldy Oil Field In Kazakhstan 126
11.7.2
Aug 28, 2008: Roxi Updates On Its Operations In Galaz Contract Area,
Kazakhstan 127
11.7.3 Aug 20, 2008: Kazakhstan Sets New Due Date For
Kashagan Oilfield Development 127
11.7.4 Aug 09, 2008: South Korea And
Kazakhstan To Jointly Explore Oil And Gas 128
11.7.5 Jul 23, 2008:
Kazakhstan To Review Its Deals With Western Oil Firms 128
11.7.6 Jul 03,
2008: StatoilHydro Rejects Kazakh Bribe Claims 129
11.7.7 Jul 01, 2008:
Victoria Updates On Russia And Kazakhstan Projects 129
11.7.8 Jun 16,
2008: OPEC Says Azerbaijan, Kazakhstan Will Raise Caspian Oil Supply 130
11.7.9 May 21, 2008: BMB Announces Management Changes 130
11.7.10 May 19,
2008: Roxi Provides Operational Update 131
11.7.11 May 07, 2008: Russia,
Kazakhstan To Advance CPC Capacity 133
11.7.12 May 05, 2008: Kazakhstan
Raises Oil Output By 6.3% In First Four Months 133
11.7.13 Apr 25, 2008:
Victoria Faces Civil Claim Over Kemerkol Subsoil Licence 134
11.7.14 Apr
15, 2008: Kazakhstan To Support China For Developing Oil And Gas Resources In
Caspian Sea 134
11.7.15 Apr 14, 2008: Max Petroleum Announces Strategic
Plan, Provides Operational Update 134
11.7.16 Feb 11, 2008: Arawak Updates
On Production Results And Drilling In Kazakhstan 136
11.8 New Contracts
Announcements 137
11.8.1 Jun 13, 2008: Tethys Signs Deal With Tajikistan
To Develop Five Natural Gas Fields 137
12 Appendix 138
12.1
Methodology 138
12.1.1 Coverage 139
12.1.2 Secondary Research 139
12.1.3 Primary Research 140
12.1.4 Forecasts 140
12.2 Key Economic
Assumptions 142
12.3 Expert Panel Validation 143
12.4 Definitions
143
12.5 Unit of Measure 144
12.6 Contact Us 145
12.7 Global
Markets Direct Consulting 145
12.8 Disclaimer 145
1.1 List of
Tables
Table 1: Kazakhstan, Oil and Gas, Key Statistics, April 2008 13
Table 2: Kazakhstan, Total Crude Oil and Natural Gas Reserves(MMBOE),
2000-2012 16
Table 3: Kazakhstan, Total Crude Oil Production (MMBBLs),
2000-2007 17
Table 4: Kazakhstan, Total Natural Gas Production (BCF),
2000-2007 18
Table 5: Kazakhstan, Oil and Gas Asset Details, April 2008
19
Table 6: Kazakhstan, Oil and Gas Asset Details, April 2008 20
Table
7: Kazakhstan, Oil and Gas Asset Details, April 2008 21
Table 8:
Kazakhstan Offshore, Total Crude Oil Production (Barrels), by Assets,
2000-2007 21
Table 9: Kazakhstan Onshore, Total Crude Oil Production
(Barrels), by Assets, 2000-2007 21
Table 10: Kazakhstan Onshore, Total
Crude Oil Production (Barrels), by Assets, 2000-2007 (Cont' d) 22
Table 11:
Kazakhstan Onshore, Total Natural Gas Production (MMCF), by Assets, 2000-2007
22
Table 12: Kazakhstan Onshore, Total Natural Gas Production (MMCF), by
Assets, 2000-2007 (Cont' d) 23
Table 13: Kazakhstan, Oil and Gas Planned
Production Assets Details, April 2008 23
Table 14: Kazakhstan, Oil and Gas
Planned Production Assets Details, April 2008 (Cont' d) 24
Table 15:
Kazakhstan, Total Crude Oil Production (MMBBLs), by Company, 2000-2007 24
Table 16: Kazakhstan, Total Crude Oil Production (MMBBLs), by Company,
2000-2007 (Cont' ) 25
Table 17: Kazakhstan, Total Natural Gas Production
(MMCF), by Company, 2000-2007 25
Table 18: Kazakhstan, Total Crude Oil
Production (MMBBLs), Forecast, 2008-2013 26
Table 19: Kazakhstan, Total
Natural Gas Production (BCF), Forecast, 2008-2013 26
Table 20: Kazakhstan,
Total Number of Active Exploration Blocks, 2000-2007 27
Table 21:
Kazakhstan, Total Number of Active Exploration Blocks By Company, 2000-2007
28
Table 22: Kazakhstan, Oil and Gas Exploration Blocks Details, April
2008 28
Table 23: Kazakhstan, Oil and Gas Exploration Blocks Details,
April 2008 (Cont' d) 29
Table 24: BG Group plc, Key Facts, 2006 30
Table 25: BG Group plc, SWOT Analysis , 2006 39
Table 26: BG
Group plc, Revenue by Segment, GBP Milllion, 2002-2006 43
Table 27:
BG Group plc, Revenue by Geography, GBP Milllion, 2002-2006 44
Table 28:
BG Group plc, Financial Statements, GBP Milllion, 2002-2006 45
Table
29: BG Group plc, Financial Ratios, GBP Milllion, 2002-2006 46
Table
30: BG Group plc Operational Indicators, 2002-2006 47
Table 31:
Chevron Corporation,Key Facts, 2007 48
Table 32: Chevron Corporation,
SWOT Analysis , 2007 61
Table 33: Chevron Corporation, Revenue by
Segment, USD Million, 2003-2007 66
Table 34: Chevron Corporation,
Revenue by Geography, USD Million, 2003-2007 67
Table 35: Chevron
Corporation, Financial Statements, USD Million, 2003-2007 68
Table 36:
Chevron Corporation, Financial Ratios, USD Million, 2003-2007 69
Table
37: Chevron Corporation Operational Indicators, 2003-2007 70
Table
38: LUKOIL Oil Company,Key Facts, 2007 71
Table 39: LUKOIL Oil
Company, SWOT Analysis , 2007 81
Table 40: LUKOIL Oil Company,
Revenue by Segment, USD Million, 2003-2007 85
Table 41: LUKOIL Oil
Company, Revenue by Geography, USD Million, 2003-2007 86
Table 42:
LUKOIL Oil Company, Financial Statements, USD Million, 2003-2007 87
Table
43: LUKOIL Oil Company, Financial Ratios, USD Million, 2003-2007 88
Table 44: LUKOIL Oil Company Operational Indicators, 2003-2007 89
Table 45: Brent Blend NYMEX Future Prices 142
1.2 List of
Figures
Figure 1: Kazakhstan, Exploration and Production Assets Map, April
2008 14
Figure 2: Kazakhstan, Total Crude Oil and Natural Gas
Reserves(MMBOE), 2000-2012 15
Figure 3: Kazakhstan, Total Crude Oil
Production (MMBBLs), 2000-2007 17
Figure 4: Kazakhstan, Total Natural Gas
Production (BCF), 2000-2007 18
Figure 5: Kazakhstan, Total Number of
Active Exploration Blocks, 2000-2007 27
Figure 6: BG Group plc, Value
Chain Analysis 36
Figure 7: Chevron Corporation, Value Chain Analysis
56
Figure 8: LUKOIL Oil Company, Value Chain Analysis 77
Figure
9: Global Markets Direct Methodology 138
