Services That You Satisfied
Our primary activities are the exploration and production of oil and natural gas. To ensure we can satisfy the rising demand for energy, we work to expand output and enhance our reserves. The main elements of our business are the oil and natural gas exploration and production activities, which include offshore and onshore exploration, appraisal, development, production, and incorporation of oil and natural gas reserves.
We overcome obstacles that once appeared insurmountable thanks to technology and the tenacity of our staff. Production in deep pre-salt seas is now a firmly established fact. On the other hand, Tasbulat Oil Corporation LLP believes that there are large potential resources at that depth, particularly in the subsalt layers.
In the future, when we gain access to new acreage and conduct exploration, we will concentrate on regions where there is already activity and infrastructure in place. This will ensure a quicker period from discovery to production so that we can profit from prior investments. There won't be much exploring of the frontier.
Transportation is an essential part of our operations. Transport is one of the core parts of our business. For the delivery of energy to our customers throughout the world, Tasbulat Oil Corporation LLP are managing systems with safety, reliability, flexibility and efficiency. We plan the movement of oil and gas from production hubs to significant consuming centers. In order to transfer freight as quickly, cheaply, and naturally in the best safety conditions possible, we pick and hire the safest vessels. We run a system of 15,000 km of pipelines, our own oil tankers or vessels, onshore and waterway terminals, where we keep products before we ship them to the refineries or export them.
Kazakhstan has a rapidly increasing and diverse export market while depending on its neighbors to ship its oil abroad. Because of our close ties to our parent firm, the Business has obtained access to the oil transport infrastructure of Tasbulat Oil Corporation LLP. In 2016, Tasbulat Oil Corporation LLP exported 59% of the crude oil made on its principal assets, UMG and EMG. In this period, the CPC pipeline exported 28% and the UAS pipeline 37% of the company's sales of crude oil.
Tasbulat Oil Corporation LLP accomplished its key objectives and kept up its lead among Kazakhstan’s major oil companies in terms of demonstrated hydrocarbon reserves. It demonstrated HC saves of 421 million boe (278 million toe) as of October 31, 2010, concurring to SEC classification. From 2017 to 2018, HC saves expanded by 87 million boe (61 million toe).
The estimate for all 3P reserves boosted by more than 1 billion boe. (1,000,000 toes) Due to effective prospecting, exploration and development drilling, and cutting-edge techniques for oil recovery enhancement, the total production replenishment was achieved. Deposits of difficult-to-recovery reserves are included in this. The two fields that were developed as part of the Company's operations, the Tasbulat Oil Corporation LLP fields and the East Kazakhstan fields, experienced the biggest reserve additions.
Tasbulat Oil Corporation LLP is continuously looking at total customer satisfaction during the development of its products from well to service station.
However, the price of these products is not exclusively determined by the company. A number of factors that affect the final price for consumers are taxes and trade margins. The following items explain how the price composition, the trade chain, and the pricing comparisons for the customers in several countries work. Tasbulat Oil Corporation LLP will develop and guide this process