Kazakhstan Oil and Gas Exploration and Production Industry Investment Opportunities, Analysis and Forecasts to 2012

SUMMARY

Summary

This profile is the essential source for top-level industry data and information relating to the Exploration & Production industry in Kazakhstan. It provides asset level information relating to the active and planned oil and gas fields and exploration blocks in Kazakhstan. The profiles of the major companies operating in the upstream industry of Kazakhstan are also included in the report. The latest news and deals pertaining to the sector are also provided and analyzed.

Scope

• Updated information relating to all active and planned exploration blocks.
• Provides historical and forecast data and information for all the major operating and planned crude oil and natural gas fields.
• Details operators and equity partners of oil and gas fields and exploration blocks.
• Includes information relating to license round details, start and end dates, acreage, location, and reserves.
• Information on the top companies in the sector including business description, strategic analysis, and financial information.
• Product and brand updates, strategy changes, R&D projects, corporate expansions and contractions and regulatory changes.
• Key mergers and acquisitions, partnerships, private equity investments and IPOs.

Reasons to buy

• Obtain the most up to date information available on exploration licenses and oil and gas fields.
• Identify growth markets and opportunities in the industry.
• Facilitate market analysis and forecasting of future industry trends.
• Facilitate decision making on the basis of strong historic and forecast data data.
• Assess your competitor's exploration and production asset portfolio.
• Understand and respond to your competitors business structure, strategy and prospects.
• Develop strategies based on the latest operational, financial, and regulatory events.
• Do deals with an understanding of how competitors are financed, and the mergers and partnerships that have shaped the market.
• Identify and analyze the strengths and weaknesses of the leading companies in each the country.

TABLE OF CONTENTS

1 Table of Contents 2
1.1 List of Tables 8
1.2 List of Figures 10
2 Introduction 11
2.1 What Is This Report About? 11
2.2 How To Use This Report 11
2.3 Market Definition 11
3 Kazakhstan, Country Snapshot 12
3.1 Kazakhstan, Key Data 12
3.2 Kazakhstan, Exploration And Production Assets Map 13
3.3 Kazakhstan, Crude Oil & Natural Gas Reserves 14
4 Kazakhstan, Crude Oil And Natural Gas Production 16
4.1 Kazakhstan, Historical Crude Oil Production 16
4.2 Kazakhstan, Historical Natural Gas Production 17
4.3 Kazakhstan, Crude Oil And Natural Gas Producing Asset Details 18
4.4 Kazakhstan, Crude Oil Production Assets By Area 19
4.5 Kazakhstan, Natural Gas Production Assets By Area 20
4.6 Kazakhstan, Planned Production Assets Details 21
4.7 Kazakhstan, Crude Oil Production By Company 21
4.8 Kazakhstan, Natural Gas Production By Company 22
5 Kazakhstan, Crude Oil And Natural Gas Forecasts 23
5.1 Kazakhstan, Forecasted Crude Oil Production 23
5.2 Kazakhstan, Forecasted Natural Gas Production 23
6 Kazakhstan, Exploration Block Details 24
6.1 Kazakhstan, Total Number of Active Exploration Blocks 24
6.2 Kazakhstan, Total Number of Active Exploration Blocks By Company 25
6.3 Kazakhstan, Exploration Blocks Details 25
7 BG Group plc 28
7.1 BG Group plc, Key Information 28
7.2 BG Group plc, Company Overview 28
7.3 BG Group plc, Business Description 28
7.3.1 BG Group plc, Business Description, Business Overview 28
7.3.2 BG Group plc, Business Description, Exploration and Production 28
7.3.3 BG Group plc, Business Description, Liquefied Natural Gas 30
7.3.4 BG Group plc, Business Description, Power and Other activities 30
7.3.5 BG Group plc, Business Description, Transmission and Distribution 31
7.3.6 BG Group plc, Business Description, Major Products and Services 32
7.4 BG Group plc, Value Chain Analysis 34
7.4.1 BG Group plc, Value Chain Analysis, Upstream 34
7.4.2 BG Group plc, Value Chain Analysis, Midstream 35
7.4.3 BG Group plc, Value Chain Analysis, Downstream 35
7.5 BG Group plc, SWOT Analysis 36
7.5.1 BG Group plc, SWOT Analysis, Overview 36
7.5.2 BG Group plc, SWOT Analysis, Strengths 36
7.5.3 BG Group plc, SWOT Analysis, Weaknesses 38
7.5.4 BG Group plc, SWOT Analysis, Opportunities 38
7.5.5 BG Group plc, SWOT Analysis, Threats 39
7.6 BG Group plc, Revenue Analysis 39
7.6.1 BG Group plc, Revenue Analysis, Revenue by Segment 39
7.6.2 BG Group plc, Revenue Analysis, Revenue by Geography 40
7.7 BG Group plc, Financial and Operational Review 42
7.7.1 BG Group plc, Financial and Operational Review, Financial Statements 42
7.7.2 BG Group plc, Financial and Operational Review, Financial Ratios 43
7.8 BG Group plc, Operational Indicators 44
8 Chevron Corporation 45
8.1 Chevron Corporation, Key Information 45
8.2 Chevron Corporation, Company Overview 45
8.3 Chevron Corporation, Business Description 45
8.3.1 Chevron Corporation, Business Description, Business Overview 45
8.3.2 Chevron Corporation, Business Description, Chemicals 46
8.3.3 Chevron Corporation, Business Description, Downstream Segment 47
8.3.4 Chevron Corporation, Business Description, Others Segment 48
8.3.5 Chevron Corporation, Business Description, Upstream Segment 49
8.3.6 Chevron Corporation, Business Description, Major Products and Services 50
8.4 Chevron Corporation, Value Chain Analysis 52
8.4.1 Chevron Corporation, Value Chain Analysis, Upstream 53
8.4.2 Chevron Corporation, Value Chain Analysis, Midstream 54
8.4.3 Chevron Corporation, Value Chain Analysis, Retail 54
8.4.4 Chevron Corporation, Value Chain Analysis, Power Generation 55
8.4.5 Chevron Corporation, Value Chain Analysis, Transformation 56
8.5 Chevron Corporation, SWOT Analysis 57
8.5.1 Chevron Corporation, SWOT Analysis, Overview 57
8.5.2 Chevron Corporation, SWOT Analysis, Strengths 57
8.5.3 Chevron Corporation, SWOT Analysis, Weaknesses 58
8.5.4 Chevron Corporation, SWOT Analysis, Opportunities 59
8.5.5 Chevron Corporation, SWOT Analysis, Threats 60
8.6 Chevron Corporation, Revenue Analysis 62
8.6.1 Chevron Corporation, Revenue Analysis, Revenue by Segment 62
8.6.2 Chevron Corporation, Revenue Analysis, Revenue by Geography 63
8.7 Chevron Corporation, Financial and Operational Review 64
8.7.1 Chevron Corporation, Financial and Operational Review, Financial Statements 64
8.7.2 Chevron Corporation, Financial and Operational Review, Financial Ratios 65
8.8 Chevron Corporation, Operational Indicators 66
9 LUKOIL Oil Company 67
9.1 LUKOIL Oil Company, Key Information 67
9.2 LUKOIL Oil Company, Company Overview 67
9.3 LUKOIL Oil Company, Business Description 67
9.3.1 LUKOIL Oil Company, Business Description, Business Overview 67
9.3.2 LUKOIL Oil Company, Business Description, Chemicals 68
9.3.3 LUKOIL Oil Company, Business Description, Exploration and Production 68
9.3.4 LUKOIL Oil Company, Business Description, Refining, Marketing and Distribution 70
9.3.5 LUKOIL Oil Company, Business Description, Major Products and Services 71
9.4 LUKOIL Oil Company, Value Chain Analysis 72
9.4.1 LUKOIL Oil Company, Value Chain Analysis, Upstream 73
9.4.2 LUKOIL Oil Company, Value Chain Analysis, Midstream 74
9.4.3 LUKOIL Oil Company, Value Chain Analysis, Downstream 74
9.4.4 LUKOIL Oil Company, Value Chain Analysis, Retail 75
9.5 LUKOIL Oil Company, SWOT Analysis 76
9.5.1 LUKOIL Oil Company, SWOT Analysis, Overview 76
9.5.2 LUKOIL Oil Company, SWOT Analysis, Strengths 76
9.5.3 LUKOIL Oil Company, SWOT Analysis, Weaknesses 77
9.5.4 LUKOIL Oil Company, SWOT Analysis, Opportunities 78
9.5.5 LUKOIL Oil Company, SWOT Analysis, Threats 79
9.6 LUKOIL Oil Company, Revenue Analysis 80
9.6.1 LUKOIL Oil Company, Revenue Analysis, Revenue by Segment 80
9.6.2 LUKOIL Oil Company, Revenue Analysis, Revenue by Geography 80
9.7 LUKOIL Oil Company, Financial and Operational Review 82
9.7.1 LUKOIL Oil Company, Financial and Operational Review, Financial Statements 82
9.7.2 LUKOIL Oil Company, Financial and Operational Review, Financial Ratios 83
9.8 LUKOIL Oil Company, Operational Indicators 84
10 Kazakhstan Exploration and Production Sector, Financial Deals Landscape 85
10.1 Acquisition 85
10.1.1 KazMunaiGas Intends To Acquire Minority Interest In MangistauMunaiGas 85
10.1.2 Petrolinvest To Acquire Stakes In Too Emba Jug, Occidental Resources And Capital Energy 86
10.1.3 Max Petroleum To Acquire 20% Interest In Madiran Investment From Horizon Services 88
10.2 Asset Transactions 90
10.2.1 Arawak Acquires Tamdykol Exploration Block In Kazakhstan 90
10.2.2 Kazakhmys Acquires Ekibastuz Power Plant And Maikuben West Coal Mine From AES 91
10.2.3 Eni And Partners To Sell Their 8.3% Stake In Kashagan Oil Field To KazMunaiGaz National 94
11 Kazakhstan Exploration and Production Sector, Recent Developments 96
11.1 Government and Public Interest 96
11.1.1 May 07, 2008: Russia, Kazakhstan To Advance CPC Capacity 96
11.1.2 May 05, 2008: Kazakhstan Raises Oil Output By 6.3% In First Four Months 96
11.1.3 Apr 15, 2008: Kazakhstan To Support China For Developing Oil And Gas Resources In Caspian Sea 96
11.2 Operations Updates 97
11.2.1 May 30, 2008: Total Expects Kashagan Oil Production Starting In Next Few Years 97
11.2.2 May 19, 2008: Roxi Provides Operational Update 98
11.2.3 May 16, 2008: Tethys Updates On First Kul-Bas Exploration Well 100
11.2.4 Apr 28, 2008: KMG EP Provides Operational Update 101
11.2.5 Apr 23, 2008: Arawak Provides Operational Update 102
11.2.6 Apr 14, 2008: Max Petroleum Announces Strategic Plan, Provides Operational Update 103
11.2.7 Apr 11, 2008: Tethys Commences Of First Exploration Well On Kul-Bas Block 106
11.2.8 Mar 20, 2008: Caspian Drills First Exploration Well, Baktygaryn #703 106
11.2.9 Mar 11, 2008: Chevron To Increase Refining Scale And Flexibility 107
11.2.10 Jan 22, 2008: KazMunaiGas Announces 2007 Production Results 109
11.2.11 Jan 02, 2008: Max Petroleum Resumes Production At Zhana Makat Field 110
11.2.12 Dec 19, 2007: Tethys Begins Production From Kyzyloi Gas Field, Kazakhstan 110
11.2.13 Dec 17, 2007: Max Petroleum Temporarily Suspends Production At Zhana Makat Field 111
11.3 Financial Announcements 111
11.3.1 Apr 11, 2008: KazMunaiGas Board Recommends Annual Dividend 111
11.4 Other Significant Developments 111
11.4.1 Apr 25, 2008: Victoria Faces Civil Claim Over Kemerkol Subsoil Licence 111
11.4.2 May 21, 2008: BMB Announces Management Changes 112
12 Appendix 113
12.1 Methodology 113
12.1.1 Coverage 114
12.1.2 Secondary Research 114
12.1.3 Primary Research 115
12.1.4 Forecasts 115
12.2 Key Economic Assumptions 117
12.3 Expert Panel Validation 118
12.4 Definitions 118
12.5 Unit of Measure 119
12.6 Contact Us 120
12.7 Global Markets Direct Consulting 120
12.8 Disclaimer 120

1.1 List of Tables
Table 1: Kazakhstan, Oil and Gas, Key Statistics, April 2008 12
Table 2: Kazakhstan, Total Crude Oil and Natural Gas Reserves(MMBOE), 2000-2012 15
Table 3: Kazakhstan, Total Crude Oil Production (MMBBLs), 2000-2007 16
Table 4: Kazakhstan, Total Natural Gas Production (BCF), 2000-2007 17
Table 5: Kazakhstan, Oil and Gas Asset Details, April 2008 18
Table 6: Kazakhstan, Oil and Gas Asset Details, April 2008 (Cont'd) 19
Table 7: Kazakhstan Onshore, Total Crude Oil Production (Barrels), by Assets, 2000-2007 19
Table 8: Kazakhstan Offshore, Total Crude Oil Production (Barrels), by Assets, 2000-2007 19
Table 9: Kazakhstan Onshore, Total Natural Gas Production (MMCF), by Assets, 2000-2007 20
Table 10: Kazakhstan, Oil and Gas Planned Asset Details, April 2008 21
Table 11: Kazakhstan, Total Crude Oil Production (MMBBLs), by Company, 2000-2007 21
Table 12: Kazakhstan, Total Crude Oil Production (MMBBLs), by Company, 2000-2007 (Cont'd) 22
Table 13: Kazakhstan, Total Natural Gas Production (MMCF), by Company, 2000-2007 22
Table 14: Kazakhstan, Total Crude Oil Production (MMBBLs), Forecast, 2008-2013 23
Table 15: Kazakhstan, Total Natural Gas Production (BCF), Forecast, 2008-2013 23
Table 16: Kazakhstan, Total Number of Active Exploration Blocks, 2000-2007 24
Table 17: Kazakhstan, Total Number of Active Exploration Blocks By Company, 2000-2007 25
Table 18: Kazakhstan, Oil and Gas Exploration Blocks Details, April 2008 25
Table 19: Kazakhstan, Oil and Gas Exploration Blocks Details, April 2008 (Cont'd) 26
Table 20: BG Group plc,Key Facts, 2006 28
Table 21: BG Group plc, SWOT Analysis , 2006 36
Table 22: BG Group plc, Revenue by Segment, GBP Milllion, 2002-2006 40
Table 23: BG Group plc, Revenue by Geography, GBP Milllion, 2002-2006 41
Table 24: BG Group plc, Financial Statements, GBP Milllion, 2002-2006 42
Table 25: BG Group plc, Financial Ratios, GBP Milllion, 2002-2006 43
Table 26: BG Group plc Operational Indicators, 2002-2006 44
Table 27: Chevron Corporation,Key Facts, 2007 45
Table 28: Chevron Corporation, SWOT Analysis , 2007 57
Table 29: Chevron Corporation, Revenue by Segment, USD Million, 2003-2007 62
Table 30: Chevron Corporation, Revenue by Geography, USD Million, 2003-2007 63
Table 31: Chevron Corporation, Financial Statements, USD Million, 2003-2007 64
Table 32: Chevron Corporation, Financial Ratios, USD Million, 2003-2007 65
Table 33: Chevron Corporation Operational Indicators, 2003-2007 66
Table 34: LUKOIL Oil Company,Key Facts, 2007 67
Table 35: LUKOIL Oil Company, SWOT Analysis , 2007 76
Table 36: LUKOIL Oil Company, Revenue by Segment, USD Million, 2003-2007 80
Table 37: LUKOIL Oil Company, Revenue by Geography, USD Million, 2003-2007 81
Table 38: LUKOIL Oil Company, Financial Statements, USD Million, 2003-2007 82
Table 39: LUKOIL Oil Company, Financial Ratios, USD Million, 2003-2007 83
Table 40: LUKOIL Oil Company Operational Indicators, 2003-2007 84
Table 41: Brent Blend NYMEX Future Prices 117

1.2 List of Figures
Figure 1: Kazakhstan, Exploration and Production Assets Map, April 2008 13
Figure 2: Kazakhstan, Total Crude Oil and Natural Gas Reserves(MMBOE), 2000-2012 14
Figure 3: Kazakhstan, Total Crude Oil Production (MMBBLs), 2000-2007 16
Figure 4: Kazakhstan, Total Natural Gas Production (BCF), 2000-2007 17
Figure 5: Kazakhstan, Total Number of Active Exploration Blocks, 2000-2007 24
Figure 6: BG Group plc, Value Chain Analysis 34
Figure 7: Chevron Corporation, Value Chain Analysis 52
Figure 8: LUKOIL Oil Company, Value Chain Analysis 72
Figure 9: Global Markets Direct Methodology 113