Welcome To
an independent oil and gas company engaged in the exploration, development
And Production Of Natural Gas In The Republic Of Kazakhstan
Dynamic development in oil and gas production
With our state-of-the-art infrastructure, NEFTEPRODUKT COMPANY, LLP have consistently demonstrated its commitment to being “best in class” in all aspects of its operations, including the responsible development of its natural resources.
Oil And Natural Gas Development
We are also an oil & gas operating company with wells in our Kazakhstan Oil & Gas fields. The increased oil and natural gas development has helped drive overall crude oil and natural gas production growth in the Permian Basin during the past decades. Drilling and completion operations within the offshore locations have been responsible for much of the crude oil and natural gas production growth in our company since 2006. As of September 2020, the NEFTEPRODUKT COMPANY, LLP accounted for about 1.7 million barrels of crude oil per day (b/d) and 4 billion cubic feet of natural gas per day (Bcf/d).
Exploration, Development And Production
Our oil and natural gas exploration, development and production operations are subject to stringent environmental laws and regulations, including those relating to waste handling, remediation of hazardous substances, water discharge and air emissions, and our employees undertake significant training and education each year with regard to regulatory compliance, industry standards and innovative opportunities to effectively manage the challenges of developing our resources.
The Upstream Segment
Our mission is to exploit producing oil & gas fields in the Republic Of Kazakhstan and abroad, ensuring a maximum effective and integrated recovery of hydrocarbon resources. Our Development Strategy until 2030 was approved by the Board of Directors in 2020, According to the strategy, the Company is mainly focused on the Upstream segment, focuses on the fields where the Company can expand existing competencies, namely, the fields with an out-of-balance development system and the fields with complex reservoirs similar to those developed in the regions of presence.
