. Military Space News .
OIL AND GAS
Tests slated for giant Kashagan oil field
by Daniel J. Graeber
Astana, Kazakhstan (UPI) Dec 29, 2015


disclaimer: image is for illustration purposes only

Test runs for production from the Kashagan oil field, the largest in the world, should be conducted before the end of the year, a Kazakh minister said.

The Kashagan field in the Kazakh waters of the Caspian Sea is considered the largest complex of its kind in the world. Kazakh Economy Minister Erbolat Dosayev was quoted by online news service New Europe as saying work is ahead of schedule for the test runs for production.

"We hope the test runs will be made at the end of December this year and we can receive the first oil," he said. "However, the planned oil production at the field will begin in 2017."

Production at Kashagan, which holds an estimated 16 billion barrels of oil, was halted in October 2013, less than a month after it started, when a pipeline associated with the field cracked open.

In early 2014, the U.S. Energy Information Administration said it expected Kashagan to return to service at some point this year, but below its initial production target of 370,000 barrels per day "because technical challenges and high development costs may limit its expansion."

Two months after the EIA report, experts reviewing pipeline issues at the field said it may cost as much as 15 times more than initially expected to restart the field.

The government in Kazakhstan said it expects oil production to reach 630 million barrels in 2016 and 760 million barrels by 2020. Production last year was 590 million barrels.

Early this year, Kazakh Deputy Energy Minister Uzakbai Karabalin said work was ongoing to overhaul the field's pipeline infrastructure. Most of the work was expected in the latter half of 2015, with a resumption of operations expected by 2016, a year earlier than outlined Tuesday by the minister of the economy.


Thanks for being here;
We need your help. The Space Media Network continues to grow but revenues have never been harder to maintain.

With the rise of Ad Blockers, and Facebook - our traditional revenue sources via quality network advertising continues to decline. And unlike so many other news sites, we don't have a paywall - with those annoying usernames and passwords.

Our news coverage takes time and effort to publish 365 days a year.

If you find our news sites informative and useful then please consider becoming a regular supporter or for now make a one off contribution.
SpaceMediaNetwork Contributor
$5 Billed Once


credit card or paypal
SpaceMediaNetwork Monthly Supporter
$5 Billed Monthly


paypal only


.


Related Links
All About Oil and Gas News at OilGasDaily.com






Comment on this article via your Facebook, Yahoo, AOL, Hotmail login.

Share this article via these popular social media networks
del.icio.usdel.icio.us DiggDigg RedditReddit GoogleGoogle

Previous Report
OIL AND GAS
U.S. gas prices inflated by refinery issues
Washington (UPI) Dec 29, 2015
Refinery issues are again keeping gas prices higher for U.S. consumers who are watching crude oil fall to historic lows, retail market analysts said. Motor club AAA reports a national average retail price for a gallon of regular unleaded gasoline at a fraction of a penny above the $2 mark, only marginally higher than the national average for Monday, but unchanged from this time last wee ... read more


OIL AND GAS
Germany withdraws Patriot missiles from Turkey

Israeli missile interceptor passes final test

New SBIRS ground system celebrates two major milestones

Aegis Ashore missile defense system goes online in Romania

OIL AND GAS
Poland acquiring air defense system

Iran says it will not accept any missile restrictions

Russian cruise missile crashes on building, no one hurt

Iran missile launch violated UN resolution: UN experts

OIL AND GAS
Army unit retires Hunter unmanned aircraft systems

Italy receives Predator-A drones

New NATO UAV completes flight test

Turkey tests its first armed unmanned aerial vehicle

OIL AND GAS
Elbit upgrades tactical intelligence capabilities for Asian country

New tactical radio order for Harris Corporation

Preparing for the Unexpected in Space

General Dynamics to provide communications for USAFCENT in Asia

OIL AND GAS
Forensic seismology tested on 2006 munitions depot 'cook-off' in Baghdad

German Army orders more Boxer armored vehicles

Lockheed Martin suing over lost combat vehicle contract

Oshkosh resumes JLTV work after Lockheed protest dismissed

OIL AND GAS
Italy's Finmeccanica reorganizes

India to purchase Russian S-400 Triumf defense system

U.S. Army awards $1.05 billion D3I contract

Japan, Indonesia agree on defence technology transfer talks

OIL AND GAS
Okinawa countersues Japanese government over US base move

Japan PM faces make-or-break test three years later

PM Abe's cabinet approves largest defence budget

Japan spots cannon-like equipment on Chinese ship near disputed isles

OIL AND GAS
New acoustic technique reveals structural information in nanoscale materials

Program seeks ability to assemble atom-sized pieces into practical products

Nanodevices at one-hundredth the cost

Scientists blueprint tiny cellular 'nanomachine'









The content herein, unless otherwise known to be public domain, are Copyright 1995-2024 - Space Media Network. All websites are published in Australia and are solely subject to Australian law and governed by Fair Use principals for news reporting and research purposes. AFP, UPI and IANS news wire stories are copyright Agence France-Presse, United Press International and Indo-Asia News Service. ESA news reports are copyright European Space Agency. All NASA sourced material is public domain. Additional copyrights may apply in whole or part to other bona fide parties. All articles labeled "by Staff Writers" include reports supplied to Space Media Network by industry news wires, PR agencies, corporate press officers and the like. Such articles are individually curated and edited by Space Media Network staff on the basis of the report's information value to our industry and professional readership. Advertising does not imply endorsement, agreement or approval of any opinions, statements or information provided by Space Media Network on any Web page published or hosted by Space Media Network. General Data Protection Regulation (GDPR) Statement Our advertisers use various cookies and the like to deliver the best ad banner available at one time. All network advertising suppliers have GDPR policies (Legitimate Interest) that conform with EU regulations for data collection. By using our websites you consent to cookie based advertising. If you do not agree with this then you must stop using the websites from May 25, 2018. Privacy Statement. Additional information can be found here at About Us.