Oil and Gas Production
The company's commitment to innovation is evident in the development, manufacturing, and marketing of performance-enhancing additives for lubricating oils and fuels. Leveraging technological expertise gained from previous production cuts, TOO-EDL OIL GAS employs strategic instruments like limiting flow rates and optimizing well interventions for flexible production management.
Despite external constraints, the company maintains a leadership role in the Kazakhstan oil industry, launching high-margin projects and achieving significant production growth. In 2020, its share in total liquid hydrocarbon production from major projects reached 19.9 mmt, showcasing a 4.8% YoY increase. Strategic focus on high-tech wells, including horizontal and multilateral wells, and the implementation of advanced technologies contribute to the company's success in improving well productivity and economic efficiency.
In 2021, TOO-EDL OIL GAS continued its emphasis on high-tech well construction, with 70% being horizontal wells and 1.4 thousand drilled using multi-stage hydraulic fracturing techniques. The application of multilateral wells and side-tracking operations further enhanced recovery and incremental production. Infill drilling and advanced planning technologies also played a crucial role, contributing to an average annual flow rate of 38.4 tpd and 18.4 mmt of incremental production.
With a commitment to technological advancements and efficient reserve recovery, TOO-EDL OIL GAS is poised for continued success in meeting production goals and maintaining a prominent position in the global energy landscape.