The field is operated by Turgai Petroleum which is a joint venture between LUKOIL Overseas and PetroKazakhstan (a subsidiary of CNPC of China). The parties have equal shares in the joint venture.
The capacity of the OTF is 4 million tons of oil per year. The purpose of the new facility is to bring the produced hydrocarbons to the marketable quality and deliver them to the system of KazTransOil main pipelines as well as to treat water for the subsequent injection into the reservoir pressure maintenance system. The capacity of the formation water treatment unit exceeds 8 million tons per year.
Up till now, all operations on treatment and pumping of Turgai Petroleum's crude were carried out at the facilities of PetroKazakhsyan Kumkol Resources. The startup of the OTF enables the venture to implement a very important processing cycle independently.
The OTF is characterized with the continuity and completeness of the processing cycle and compliance with the strict heath, safety and environment standards. The facility is equipped with the modern automated control and fire-fighting systems. The new facility is operated by about 30 specialists of Turgai Petroleum.
The OTF was designed by NIPInefetgaz Institute (Aktau, Kazakhstan) with MontazhSpetsStroy being the main work contractor of the construction project. Construction of the facility took 1.5 years, the total cost of work amounted to USD 17.2 million.
The Kumkol field was discovered in 1984, development started in 1990. Turgai Petroleum has been operating the field since 1995. Remaining proven reserves of the field amount to 177 million barrels of oil. More than 3 million tons of oil was produced on Kumkol in 2005, the plan for 2006 is to produce 3.5 million tons.
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