Maersk Oil Kazakhstan GmbH

Maersk Oil Kazakhstan GmbH

In 2002, Maersk Oil acquired a 60% interest and operatorship of the Dunga Block with Partex Corporation (20%) and Oman Oil Company Limited (20%). The acreage is operated under a Production Sharing Contract signed in 1994. The Dunga Phase I development proceeded in 2007 and Phase II was approved in 2011. Average oil production from the Dunga field is currently around 7,000 barrels of oil a day, reaching 35,000 bopd at peak production.

Phase II started in 2012. Maersk Oil and its partners will drill 198 vertical wells, with first oil from this phase by the end of 2012. An exploration/appraisal well was spudded in early 2012 and more are expected in few years to come.

The Dunga field is an existing onshore development the 281 km2 onshore block is situated some 50 km north of Aktau, western Kazakhstan.

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