Exploration
Oil & Gas Exploration
LLP Standard Oil Refinery carries out exploration works with the purpose of expanding the resource base. Exploration activities have been consistently delivering good results driven by the advanced exploration techniques and selection of the most promising areas based on research results. To increase the success of exploration drilling, step-by-step implementation of advanced technologies for processing and interpreting LLP Standard Oil refinery data continued. In particular, innovative approaches to account for inhomogeneities of the upper part of the column are used to minimize the forecast error for structures. Exploration activities consistently yield good results. The Company completed construction of 20 prospecting wells with an 59% success rate. In City of Astana and in the Caspian Sea, 60% of prospecting wells were successful. The Company discovered 5 new fields and 51 deposits. We believe that our success is driven by advanced exploration techniques and selection of the most promising areas based on research results.
The Company has unparalleled expertise in the In City of Astana operations, which allows to minimize risks associated with the development of new fields and shorten new project lead times. Proximity to export markets and own transportation infrastructure reduces the transportation expenses and improves cost efficiency of operations in the region and the Company finalized its Exploration and Development Concept for the BM Oil Company on the fields discovered.
International Projects
Innovation that excites
Most of our international exploration activities were concentrated holding 60% as project operator and INPEX CORPORATION holding 40%). 3D seismic surveys were conducted at within the approved exploration program, with a fourth well drilled to completion at the large discovered field, producing a commercial flow of dcrude oil.
Exploration Growth Projects
With its vast resource base, the Company is especially focused on the development of the new projects to ramp-up exploration. The new projects include both development of new fields and enhancing recovery at mature fields through the use of advanced technologies, increased explore of products, and a higher number of EOR operations.
EXPLORATION SERVICE DETAILS
- International Projects
- Equipment Diverse Imperatives
- Exploration Technology System
- Exploration Growth System
EXPLORATION SERVICE DETAILS
Offer the cleanest line of services with latest technology, equipment. The approaches and technology applied by LLP Standard Oil for the development of Saratov Region fields secured the Company’s leadership in efficient commissioning of new wells and never ending customer support we are able to guarantee a very high level of satisfaction for our clients. We believe that our success is driven by advanced exploration techniques to increase our business model and driven the principle of efficient vertical integration to create added value and make our business highly resilient in selection of the most promising areas based on research results. With the help of technology, we find out how the World Energy Model can explore different plausible future energy scenarios always.