Chevron, a spin-off company from Standard Oil with its affiliate Tengizchevroil is progressively expanding operation at the Tengiz Field in Kazakhstan.
According to today's reserve, Tengiz is the world's deepest producing super-giant oil field, in which Chevron is planning to use the volumes as commercial gas, propane, butane and sulphur, apart from injecting it to the reservoir.
Due completion, the facility will be able to produce 90,000 bbl/day and once the Tengizchevroil's stabilizes, the end capacity will shoot up to approximately 400,000 bbl/day.
The Tengiz project will also include Chevron's the Sour Gas Injection (SGI) project and the front end of the Second Generation Plant (SGP).
Shareholders for Tengizchevroil are Chevron with 50%, KazMunaiGas with 20%; ExxonMobil Kazakhstan Ventures at 25%; and LUKArco with 5%.
According to today's reserve, Tengiz is the world's deepest producing super-giant oil field, in which Chevron is planning to use the volumes as commercial gas, propane, butane and sulphur, apart from injecting it to the reservoir.
Due completion, the facility will be able to produce 90,000 bbl/day and once the Tengizchevroil's stabilizes, the end capacity will shoot up to approximately 400,000 bbl/day.
The Tengiz project will also include Chevron's the Sour Gas Injection (SGI) project and the front end of the Second Generation Plant (SGP).
Shareholders for Tengizchevroil are Chevron with 50%, KazMunaiGas with 20%; ExxonMobil Kazakhstan Ventures at 25%; and LUKArco with 5%.
No comments:
Post a Comment