Buzachi Operating Ltd

News

Installed vapor recovery units, enhancing environmental compliance

Emission Controls

Employees rescued stranded seal, demonstrating commitment

Seal Rescue

Achieved 5-millionth ton of crude oil production milestone

Milestone

News

News Updates: Check the latest news about Buzachi Operating Ltd.

North Buzachi oil field

Buzachi Operating Ltd. manages the North Buzachi oil field, located in Kazakhstan’s Mangystau Region, producing heavy, high-sulfur crude oil near the Caspian Sea since 1975.

Severo-Buzachi

Our field lies within the North Ustyurt Basin, on the Buzachi Peninsula near the northeastern coast of the Caspian Sea, approximately 250 kilometers north of Aktau.

STRATEGIC FOCUS

Advanced polymer flooding adopted to improve sweep AND field longevity

Aligned operations with Kazakhstan’s decarbonization trading goals.

Streamlined logistics upgrades to support increased production.

MILESTONES

May 2001

Company established as a joint venture between CNPC and Sinopec.

July 2003

Achieved first commercial oil production at North Buzachi.

September 2004

Completed construction of a central processing facility at field site.

June 2005

Expanded pipeline infrastructure connecting fields to export terminals.

August 2006

Implemented enhanced oil recovery techniques to boost output.

April 2011

Achieved ISO 14001 environmental management certification.

July 2012

Production peaked at 40,000 barrels per day.

February 2015

Celebrated 50 million barrels cumulative production.

May 2021

Implemented carbon emission reduction strategies.

January 2025

Celebrated 100 million barrels cumulative production milestone.

May 2001

Company established as a joint venture between CNPC and Sinopec.

July 2003

Achieved first commercial oil production at North Buzachi.

September 2004

Completed construction of a central processing facility at field site.

June 2005

Expanded pipeline infrastructure connecting fields to export terminals.

August 2006

Implemented enhanced oil recovery techniques to boost output.

April 2011

Achieved ISO 14001 environmental management certification.

July 2012

Production peaked at 40,000 barrels per day.

February 2015

Celebrated 50 million barrels cumulative production.

May 2021

Implemented carbon emission reduction strategies.

January 2025

Celebrated 100 million barrels cumulative production milestone.

May 2001

Company established as a joint venture between CNPC and Sinopec.

July 2003

Achieved first commercial oil production at North Buzachi.

September 2004

Completed construction of a central processing facility at field site.

June 2005

Expanded pipeline infrastructure connecting fields to export terminals.

August 2006

Implemented enhanced oil recovery techniques to boost output.

April 2011

Achieved ISO 14001 environmental management certification.

July 2012

Production peaked at 40,000 barrels per day.

February 2015

Celebrated 50 million barrels cumulative production.

May 2021

Implemented carbon emission reduction strategies.

January 2025

Celebrated 100 million barrels cumulative production milestone.

2001

2003

2004

2005

2006

2011

2012

2015

2021

2025

ABOUT US

Buzachi Operating Ltd. is a joint venture oil and gas company operating the North Buzachi oil field on Kazakhstan’s Buzachi Peninsula. Formed in 2004, it is equally owned by China National Petroleum Corporation (CNPC) and Sinopec.

The North Buzachi field, discovered in 1975, contains heavy, high-sulfur crude oil located 300–550 meters below the surface. This shallow depth facilitates cost-effective directional drilling and water-flooding programs. Production peaked in 2012 at approximately 40,000 barrels per day and currently averages around 20,000 barrels per day, , accounting for about 1% of Kazakhstan’s daily oil output.

16.88%

16.81%

7.56%

16.81%

8.33%