BAKU, Azerbaijan, October 1. Kazakhstan's
QazaqGaz plans to launch advanced geological exploration in three
newly licensed areas by the end of 2026, with around 6,150 linear
kilometers of 2D seismic surveys planned.
This was reported in a statement by the press service of
QazaqGaz.
According to the statement, QazaqGaz Deputy Chairman for
Exploration and Production Asylzhan Dauletov announced this at the
KIOGE international exhibition in Almaty during a session on gas
and gas chemicals.
The company received three licenses for geological study of
subsoil this year. The areas cover the Central geoblock of the
Pre-Caspian Basin, as well as the Shu-Sarysu and Tenyz basins.
The exploration program also includes around 126,000 physical
points for digital geochemical surveys.
“Significant preparatory work has already been completed: the
network of seismic profiles and geochemical surveys has been
planned. The next stage is fieldwork, processing and comprehensive
interpretation of the data obtained,” Dauletov said.
According to him, QazaqGaz is taking an integrated approach
aimed at gradually reducing geological uncertainties. The company
will use seismic and geochemical data together with existing
geological and geophysical information to clarify basin structures,
identify prospective areas and develop a portfolio of targets for
further exploration.
QazaqGaz is also expanding its activities into less-explored
areas that could contribute to the company's resource base in the
long term. The company noted that obtaining a license or conducting
seismic surveys does not in itself constitute a discovery, as
prospective targets must undergo resource, geological risk, and
economic assessments before being considered for detailed studies
and drilling.
Meanwhile, QazaqGaz's geological portfolio currently comprises
28 areas across different regions of Kazakhstan.
The company is presenting projects to potential investors,
providing information on prospective gas areas, signing preliminary
cooperation agreements and discussing various models for joint
implementation and financing of exploration projects.
“We are open to cooperation with both existing partners and new
investors. It is important for us to build long-term partnerships
that bring together Kazakhstan's resource potential, investment and
modern technologies,” Dauletov said.