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New oil field discovered in South Kazakhstan

New oil field discovered in South Kazakhstan

Nur-Sultan, November 20 - Neftegaz.RU. A new oil field was discovered in southern Kazakhstan, the spokeswoman for the Kazakh Ministry of Ecology, Geology and Natural Resources, Samal Ibraeva, told New Europe on 19 November.

According to Ibraeva, oil seepage was found at a shallow depth in the Turkestan region in southern Kazakhstan. The expedition, which worked in this mountainous area, studied the issue of the presence of bauxite, lead and zinc deposits in the Leontief depression, south of Kazakhstan.

The expedition drilled 39 wells to a depth of 300 metres, oil was found in 11 wells at different distances from the surface.

“Such evidence of the presence of oil was 1st discovered in the mountains of Kazakhstan, which pleases us with its future prospects for the search and development of new deposits in the Syrdarya and Shu-Sarysuyskaya depressions (South of Kazakhstan),” Ibraeva said, adding that research will not stop in the area.

Kazakhstan is an oil producing country. Today’s annual oil production is 90 million tonnes in Kazakhstan. The republic has a goal to reach the mark of 100 million in the coming years. Kazakhstan has large oil fields like Kashagan, Tengiz and Karachaganak. All oil and gas fields are located in the West of the country.

To read the news in Russian.

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