Kazgermunai continues systematic work to replenish reserves and prolong the life of its fields
20 february 2026
With reserves depleted at 89%, the Company implements a set of measures for additional exploration and search for new promising blocks.
As of 01.01.2026, due to the positive results of geological exploration, the reserves at the fields were recalculated:
- Central Akshabulak
- South Akshabulak
Results:
– Increase in recoverable C1 oil reserves: 447 thousand tons
– Actual oil production in 2025: 906 thousand tons
– Degree of replenishment of production: 50%
– Stock replenishment ratio: 0.5
Central Akshabulak
In 2025, a set of measures was implemented for additional exploration of transit horizons using hydraulic fracturing. Stocks have been transferred from category C2 to C1.
Increase – 226 thousand tons.
South Akshabulak
After the recalculation in 2021, 3 appraisal wells were drilled with core sampling and special studies, as well as 12 production wells. The geological structure of the fields has been clarified.
The increase – 221 thousand tons.
The consistent work on additional exploration of mature assets demonstrates the potential of the fields and confirms the sustainability of the Company's production strategy.
Kazgermunai systematically invests in geology, technology and human capital, forming a solid foundation for long-term development.
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