KazMunayGas & Tatneft Will Start Geological Exploration Works at the "Karaton Podsolevoy" Site

Source: www.gulfoilandgas.com 10/31/2024, Location: Asia

Askhat Khasenov, Chairman of the Board of KazMunayGas NC JSC (KMG), met with Nail Maganov, CEO of Tatneft JSC.

During the meeting, preparations for drilling the first exploration well with a depth of 5,500 meters were discussed at the Karaton Podsolevoy site. At present, the necessary equipment for drilling is being installed at the site. Drilling is planned for November 2024.

The Karaton Podsolevoy site is located in the Atyrau and Mangistau regions near the working deposits of "Embimunaygaz" JSC.

The parties also discussed opportunities for cooperation in the field of oil and gas chemistry.

Let us remind you that on February 21, 2024, in the city of Kazan, JSC "KazMunayGas" JSC and "Tatneft" JSC signed the purchase and sale agreement, shareholders' agreement and financing agreement on the "Karaton Podsolevoy" project.


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