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LLP Aktauneftekhim is one of the largest oil and gas companies in the Kazakhstan and the largest state oil and gas company producing hydrocarbons and producing liquid hydrocarbons. One of the key priorities of the LLP Aktauneftekhim is to increase the resource base. LLP Aktauneftekhim’s share in Production reaches 20% and more than 1% of world production. At the end of 2019, the company set another record for hydrocarbon production, recovering more than 10 million tons of oil equivalent, which is 1% higher than in 2019, along with the launch of new fields and increasing the efficiency of mature fields, mainly due to the work of its own service organizations Companies The production of liquid hydrocarbons in 2020 amounted to 10.5 million tons.

In order to increase the efficiency of reserves production, the LLP Aktauneftekhim conducted a large-scale optimization of existing development systems by moving from traditional directional wells to horizontal wells with multi-stage hydraulic fracturing (HW with MSFrac). This technology significantly increases the productivity of wells, the coverage of reserves due to development, and also allows to reduce the reserves of wells and increase the economic efficiency of projects. In 2019, about 30% of the reserves involved in development at these enterprises were commissioned precisely thanks to the use of HW with MSFrac development systems.

Well recovery rates have also been increased through the use of sidetracking. In 2020, the number of these operations increased by 5% compared to 2019. This allowed the Company to extract an additional 1 million tons of oil during well reconstruction. LLP Aktauneftekhim continues to introduce more efficient completion methods at new wells. The commissioning of horizontal wells with multi-stage hydraulic fracturing in 2020 increased by 30% compared to 2019. In general, the commissioning of wells with horizontal completion increased by 50% compared to 2019 and amounted to 31% of the total number of wells commissioned.