Exploration and Production
At TOO "MOSKOW-OIL" One of the company’s strategic goals is to bolster and
broaden its resource base. The stable resource base allows production to continue and
hydrocarbon output targets to be fulfilled. Through extensive exploration and license
portfolio expansion, the Company consistently replenishes its oil and gas reserves.
Kazakhstan is home to the Company’s licensing blocks and fields. Utilizing cutting-edge
equipment and technology for exploration, along with supporting operations through research
and development and design centers, are all top priorities for the company because they
boost productivity.
TOO "MOSKOW-OIL" is also an oil field management company based in Kazakhstan. The Company is
committed to upholding upstream production levels that allow it to reconcile rationalization
of mineral resources with economic efficiency. TOO "MOSKOW-OIL" keeps field production levels at
mature levels while aggressively developing reserves that are challenging to recover. In
addition to actively developing desirable areas, the Corporation is actively establishing
new oil production hubs. The company has sustained its oil output over the last few years by
focusing on improving its oil recovery factor, which is already among the highest in the
country.