The Korolev Oil Field is an oil field located in Mangystau Province. It was discovered in 1986 and developed by Tengizchevroil. The oil field is operated and owned by Tengizchevroil. The total proven reserves of the Korolev oil field are around 1.5 Billion barrels (201×106tonnes), and production is centered on 60,000 barrels per day (9,500 m3/d).[1][2]

Korolev Oil Field
CountryKazakhstan
RegionMangystau Province
Offshore/onshoreonshore
OperatorTengizchevroil
Field history
Discovery1986
Start of development1986
Start of production1993
Production
Current production of oil60,000 barrels per day (~3.0×10^6 t/a)
Estimated oil in place201 million tonnes
(~ 240×10^6 m3 or 1500 million bbl)

References

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  1. ^ "Korolev Field, Kazakhstan - Reservoir Modeling and the Evaluation of Key Static and Dynamic Uncertainties". search4oil.com. 2012. Retrieved 2013-05-20.
  2. ^ "Chevron and Khazakhstan sign joint venture foundation agreement". thefreelibrary.com. 1992. Retrieved 2013-05-20.