Supported byClarion Energy
HomeGasHungary: MOL initiated...

Hungary: MOL initiated natgas production in Kazakhstan

MOL, a part of the international joint venture Ural Oil and Gas LLP, has started producing gas from the well in the Rozhkovsky field in Kazakhstan.

The successful production launch is the result of close cooperation between Hungarian, Kazakh, and Chinese partners. The gas and condensate project at the Rozhkovsky field is operated by Ural Oil and Gas LLC, a joint venture between Kazakhstan’s KazMunayGas (50 percent), Hungary’s MOL Group (27.5 percent), and China’s FIOC (22.5 percent).

The gas field was discovered in 2008, and following a thorough delineation and planning phase, gas production started on December 19, 2023.

The amount of recoverable gas and condensate from the currently targeted reservoir is equivalent to 158.8 million barrels, of which are 101.5 million barrels of gas and 57.3 million barrels of condensate, according to the Kazakhstan State Mineral Resources Balance.

Of the nine wells drilled during the exploration phase, five were successfully brought to production in 2021. The design, procurement, and construction contract was signed in April 2022, covering all elements of the surface infrastructure.

The first well will start producing 300,000 cubic meters of gas per day, which will be transported to the Chinarevskoye gas plant for processing. MOL expects the initial one-way test production phase at the Rozhkovsky field to contribute around 1,300 barrels per day, equivalent to the group’s production.

Four additional wells are scheduled to come into production in the third quarter of 2024, which could increase the field’s production to 1.5 million cubic meters per day. The second phase will continue with further well works, drilling of new wells, expansion of infrastructure, and an increase in production capacity to 2.5 million cubic meters per day by the end of 2027.

Supported byClarion Owners Engineers
Supported byspot_img
Supported byspot_img

Latest News

Supported byspot_img
Supported bySEE Energy News

Related News

Paks nuclear output cuts linked to low wholesale prices amid Hungary’s solar growth

Hungary’s Paks nuclear plant has reduced generation again after electricity could not be sold economically during low-price hours. The latest curtailment reflects how rising solar output is affecting the country’s baseload market profile. Paks curtailment during low-price hours Paks cut...

Hungary granted temporary EU delay on Serbia gas capacity bundling rules

Hungary has received temporary approval from the European Commission to postpone full implementation of EU gas-capacity rules at its border with Serbia until the 2027/2028 gas year. The derogation relates to requirements that cross-border pipeline capacity be offered as...

MVM begins foundations for 1 GW combined-cycle plant at Tiszaujvaros

Hungarian state-owned utility MVM has started foundation work on a new 1,000 MW combined-cycle gas-fired power plant at the former Tisza II site in Tiszaujvaros. The project is part of Hungary’s broader shift in generation needs as variable renewables...
Supported byVirtu Energy