Kazakhstan to Step Up Search for New Oil and Gas Fields
Kazakhstan plans to increase exploration and appraisal drilling to discover new fields and replenish the country’s resource base. Prospects for exploratory drilling and the industry’s development were discussed at the KAZDRILLING conference in Atyrau, the Energy Ministry said.
The ministry forecasts that about 80 exploration and appraisal wells will be drilled in 2026, with the annual number potentially rising to 120 in 2027 and 2028.
Particular attention will be given to underexplored sedimentary basins with significant oil and gas potential. To attract investors, authorities have streamlined the process for awarding rights to these areas. Once an application is submitted, the Energy Ministry must hold an auction within 10 business days.
Investors must conduct seismic surveys covering at least 30% of the licensed area during the first three years before proceeding with exploratory drilling.
The Energy Ministry also intends to develop the domestic drilling services market and increase the use of Kazakh-made products. Zhigermunaiservice’s plant in Atyrau already manufactures drill bits, calibrators and other drilling equipment.
"Our goal is to create a sustainable and competitive drilling services market. This should result in new geological discoveries, replenished reserves, growth in domestic manufacturing, the creation of skilled jobs and increased tax revenue," Vice Energy Minister Yerlan Akbarov said.
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