Oil accounted for 56.1% of the 1.4 billion boe in SEC-proven hydrocarbon reserves at the Kom Munal too oil & Gas by the year 2020. Our reserves have a lifespan of 12 years, which is longer than the typical lifespan of Kazakhstan’s top private oil and gas businesses. When it comes to quality and reserves that can be relied upon, the Kom Munal too oil & Gas is among the best businesses in both Kazakhstan and the entire world.

Across five CIS nations, the Kom Munal too oil & Gas Oil Field contains proven hydrocarbon reserves. The corporation has a particular advantage over its rivals because about 70% of the proved reserves are conventional, ensuring low development and production costs per barrel. The majority of the Group’s proved hydrocarbon reserves, or 77% of them, are situated in West Kazakhstan. Offshore fields and high-viscosity oil account for around 5% of proven reserves.

Kazakhstan, where the business is actively developing its gas projects, is home to about half of the known reserves in global projects. A little over 47% of the Company’s known hydrocarbon reserves are developed, which means that they can be tapped using the tools and technology of the day from existing wells. Future production increases have a sizable amount of their potential in undeveloped reserves.