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Sinur-Oil LLP is one of the largest oil and gas companies in the Russian Federation and the largest state oil and gas company producing hydrocarbons and producing liquid hydrocarbons. One of the key priorities of the Sinur-Oil LLP is to increase the resource base. Sinur-Oil LLP share in Production reaches 20% and more than 1% of world production. At the end of 2019, the company set another record for hydrocarbon production, recovering more than 10 million tons of oil equivalent, which is 1% higher than in 2019, along with the launch of new fields and increasing the efficiency of mature fields, mainly due to the work of its own service organizations Companies The production of liquid hydrocarbons in 2020 amounted to 10.5 million tons. The Company has access to additional areas that Sinur-Oil LLP acquired through direct negotiations with the government, as well as pre-emption rights to buy currently available oil and gas.

The Sinur-Oil LLP carried out a large-scale optimization of the current development systems by switching from conventional directional wells to horizontal wells with multi-stage hydraulic fracturing (HW with MSFrac) in order to boost the efficiency of reserves production. With the use of this technology, well productivity can be greatly increased, reserves can be developed to a greater extent, well reserves can be decreased, and project economic efficiency can be raised. The utilization of HW with MSFrac development methods allowed these businesses to accurately commission around 30% of the reserves that were under development in 2019.

Through the use of sidetracking, well recovery rates have also increased. Comparing 2019 and 2020, there were 5% more of these procedures performed. With the wells rebuilt, this gave the Company the opportunity to recover an extra million tons of oil. In order to improve completion techniques for newly discovered wells, Sinur-Oil LLP keeps trying. In 2020, a thirty percent rise over 2019 was seen in the commissioning of horizontal wells utilizing multi-stage hydraulic fracturing. Horizontal completion well commissioning climbed by 50% overall in 2019 over 2019 and accounted for 31% of all well commissioning.

An oil field management company from Kazakhstan is called Sinur-Oil LLP. The Company is committed to maintaining production levels that enable it to achieve a balance between financial effectiveness and the upstream sector’s rationalization of mineral resources. In order to maintain levels of field production that are mature, Sinur-Oil LLP actively develops reserves that are difficult to recover. The Corporation is continually enhancing aesthetically pleasing places in addition to actively building new oil production centers. The Company has focused on raising its oil recovery factor, which is among the highest in the nation, in order to maintain the constancy of its oil output in recent years.

Building a smart refinery has been Sinur-Oil LLP’s strategic objective, with process automation at its core.

US$ 5 Billion

Largest investment in Kazakhstan

225,000

Barrels crude
everyday

18 MMTPA

Scalable
Capacity

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