Borankol oil field

Last updated
Borankol Oil Field
Country Kazakhstan
Region Mangystau Province
Offshore/onshoreonshore
Operator Ascom Group
Field history
Discovery2000
Start of development2000
Start of production2000
Production
Current production of oil10,000 barrels per day (~5.0×10^5 t/a)
Estimated oil in place3 million tonnes
(~ 3.39×10^6 m3 or 21.3 million  bbl)

Borankol Oil Field is an oil field located in Mangystau Province. It was discovered in 1998 and developed by Ascom Group. In 2010, the Republic of Kazakhstan cancelled the Subsoil Use Contracts for Borankol and the neighbouring Tolkyn gas field. [1] The total proven reserves of the Borankol oil field are around 21.3 million barrels (3×106tonnes), and production is centered on 10,000 barrels per day (1,600 m3/d). [2]

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References

  1. "Quarrel between Moldova's richest man and former President spills across borders, as energy company sues Kazakhstan for a Billion Dollars in nationalization fight". 15 September 2010.
  2. "КаzMunayGas". petroleumjournal.kz. 2009. Retrieved 2011-01-06.