Company History

Kom Munal Too Oil & Gas was founded in 2005 as an independent energy company focused on oil and gas exploration, production, and refining. Headquartered in Almaty, Kazakhstan, the company initially operated in the Central Asian region, leveraging its strategic location near some of the world's richest hydrocarbon reserves. Over the years, Kom Munal Too expanded its operations, securing key drilling rights and establishing refining partnerships to meet growing energy demands both domestically and internationally.

Under the leadership of Galym Abyzbaevich Abyzbaev, the company's principal and driving force, Kom Munal Too has positioned itself as a forward-thinking energy provider. With a background in petroleum engineering and extensive experience in the oil sector, Abyzbaev has guided the company through market fluctuations, regulatory shifts, and technological advancements. His vision for sustainable energy development has led Kom Munal Too to explore cleaner extraction methods and invest in natural gas as a transitional fuel.

Today, Kom Munal Too Oil & Gas is recognized for its commitment to innovation, operational efficiency, and responsible resource management, playing a key role in Kazakhstan's energy sector and beyond.

The oil and gas structure of Kom Munal too oil & Gas is located on the Kazakhstan sector of the North Caspian Sea. The nearest settlement to the structure is located at 80 km is the port of Bautino, Mangystau region. The area of the oil and gas bearing structure of Kom Munal too oil & Gas is 1600 km2. The oil and gas structure “Kom Munal” is located in the shelf region of Kazakhstan, with a water depth of 5 to 7 m. The bottom relief has small slopes, with an increase in the depth of water to the south.

The geology

The Jurassic-Cretaceous deposits stand out as the most likely oil-promising complex of the Kom Munal too oil & Gas oil and gas producing structure, however the likelihood of finding hydrocarbon resources in the Triassic strata is not ruled out, per the data of seismic investigations in the research area. The anticipated reservoir pressure lies between 150 and 230 atm. In depths between 300 and 1200 meters, the two most promising horizons—the Jurassic and Cretaceous—can be found. Also of considerable significance are Triassic deposits found between 120 and 2000 meters below the surface. Within the Kom Munal too oil & Gas structure, the average sea depth is 5 meters.

By drawing comparisons between Kurmangazy’s geological prospects and those of the Buzachi Peninsula, estimates are made. The onshore Kalamkas field is the sort of geology that is most similar to Kurmangazy. Kurmangazy, in contrast to the nearby Kashagan field, is suprasalt. As the salt layer won’t have to be penetrated, this will make the block’s development much easier. On June 11, 2006, the first exploration well in the contract area was finished being built. The research findings allowed it to be established that the structure’s actual parameters deviate from the project model.

The information gathered through drilling will serve as the foundation for additional study aimed at elucidating the geological model of the Oil and Gas Bearing Structure of Kurmangazy. The exploratory work will proceed in accordance with the necessary work program outlined in the Subsoil Usage Contract after all the geological and geophysical data has been analyzed, including the drilling of the second exploration well. Kom Munal too oil & Gas Petroleum LLP, an Almaty-registered company, is in charge of carrying out the oil operations under the project (Mangystau region). Participants’ shares in the project.

  • Rosneft represented by RN-Kazakhstan LLC — 50%;
  • KazMunayGas represented by JSC MNC “KazMunayTeniz” — 50%.

Rosneft and KazMunayGas, two state-owned oil and gas firms from Russia and Kazakhstan, will construct this structure on an equal basis. 23 billion dollars will be invested in the project by the partners. Its execution is anticipated to generate a total profit of almost $50 billion. The For the highest degree of output, the PSA project offers three possibilities. The most optimistic estimate puts Kurmangazy’s oil production at 64.5 million tons of oil annually. Production can continue for up to seven years at this rate. The field can produce 31.6 million tons of oil year for ten years, according to the average version. An annual production of 18.6 million tons with a third choice

Experts estimate that the building weighs 6.2 billion tons. Jurassic period sediments contain 3.9 billion tons, and Cretaceous period sediments contain 2.3 billion tons, according to preliminary calculations. Russian geologists have assessed recoverable oil resources in amounts ranging from 550 million to 1800 million tons based on the Kurmangazy structure. The second-largest field after Kashagan, with recoverable reserves of 1 billion tons of oil, may appear on the Kazakh shelf if the future exploratory activity supports geologists’ predictions.

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