Identifying and Evaluating Energy Resources Worldwide
Munay Pererabotka Refinery is a global leader in oil and gas production, emphasizing the delivery of safe and reliable fuel products worldwide. With a comprehensive presence across the energy industry, from exploration to manufacturing and retail, the company relies on its global production resources to address complex energy challenges. The acquisition of key assets has further solidified its position as a leading supplier of oil and gas products globally.
The company's commitment to innovation is evident in the development, manufacturing, and marketing of performance-enhancing additives for lubricating oils and fuels. Leveraging technological expertise gained from previous production cuts, Munay Pererabotka Refinery employs strategic instruments like limiting flow rates and optimizing well interventions for flexible production management.
Despite external constraints, the company maintains a leadership role in the Kazakhstan oil industry, launching high-margin projects and achieving significant production growth. In 2020, its share in total liquid hydrocarbon production from major projects reached 19.9 mmt, showcasing a 4.8% YoY increase. Strategic focus on high-tech wells, including horizontal and multilateral wells, and the implementation of advanced technologies contribute to the company's success in improving well productivity and economic efficiency.
In 2021, Munay Pererabotka Refinery continued its emphasis on high-tech well construction, with 70% being horizontal wells and 1.4 thousand drilled using multi-stage hydraulic fracturing techniques. The application of multilateral wells and sidetracking operations further enhanced recovery and incremental production. Infill drilling and advanced planning technologies also played a crucial role, contributing to an average annual flow rate of 38.4 tpd and 18.4 mmt of incremental production.
With a commitment to technological advancements and efficient reserve recovery, Munay Pererabotka Refinery is poised for continued success in meeting production goals and maintaining a prominent position in the global energy landscape.
