OUR SERVICES
Exploration and Reserves
TOO "Sheber Oyl" continues to achieve strong results from its exploration efforts. In 2016, the company successfully completed the construction of 20 prospecting wells, with a 59% success rate overall. In the Almaty region, including the Bolshekhetskaya Depression and parts of the Caspian Sea, the success rate reached 60%.
These efforts led to the discovery of 5 new fields and 51 additional deposits. This consistent success is largely attributed to the company's use of advanced exploration technologies and strategic selection of high-potential areas based on thorough geological research and data analysis.
With unmatched operational experience in the Almaty region, Sheber Oyl is well-positioned to reduce risks associated with developing new fields and to accelerate project timelines. The company also benefits from proximity to export markets and its own transportation infrastructure, which together help minimize logistical costs and improve operational efficiency. In 2016, the company finalized its Exploration and Development Concept for newly discovered fields from 2015.
Reserves
As of the end of 2016, TOO "Sheber Oyl" reported SEC-proved hydrocarbon reserves of 100 million barrels of oil equivalent (boe), of which 50 million boe were crude oil. This gives the company a reserves life of 10 years, significantly above the industry average of 5 years among Kazakhstan’s largest private oil and gas firms.
Sheber Oyl holds approximately 50% of its proved reserves within the Almaty region, reinforcing the strategic importance of this area. Additionally, offshore fields and high-viscosity oil represent around 5% of the total proved reserves.
About half of the company's international proved reserves are located in Uzbekistan, where Sheber Oyl is actively engaged in developing large-scale gas projects, further strengthening its global asset portfolio and long-term growth potential.