Kazakhstan
KuatAmlonMunay (KAM) JV.
Successful appraisal and development of Konys and Bektas oil fields in Central Kazakhstan with 83 million barrels of oil and 5 billion m3 of gas reserves. From 1995 to 2009, JV KAM under Kuat operatorship built field camp, 55 km road, oil CPF, 70 km long oil pipeline, oil railway loading terminal, Gas Turbines, 150 wells were drilled mainly by own drilling rig and crew. By 2009, JV KAM reached 15,000 bbpd oil production making it the largest independent oil producer at that time in Central Asia before it was sold to CNPC-Zhenhua Oil consortium.
TarbagatayMunay JV (TBM)
Kuat Energy Group since 1996 invested its own funds for exploration of oil and gas
in the 8,329 km2frontier block in the East Kazakhstan at the border with China and
successfully discovered a few heavy oil fields and a stranded small gas field in 90km
from the Chinese border.
While exiting from the project as a shareholder in 2009, the Group remained as an Operator of the project and through unconventional thinking helped to unlock value of the stranded small gas field by an integrated upstream-downstream development which included building 0.5 BCMA LNG plant on another side of the
China-Kazakhstan border and building first private export transborder gas pipeline in Central Asia, which led to start of gas export to China in 2013.
Under the Kuat Energy Group operatorship extensive exploration activities were
conducted (517km² 3D seismic and 2,366km 2D– onshore and offshore), significant
oil and gas discoveries were made, facilities and infrastructure were built
(basecamp for 260 people, Gas CPF, 92 km gas pipeline, Oil Gathering Station), 57 wells were drilled mainly by own drilling rig and crew
Turkmenistan
In Turkmenistan, Berlanga Turkmenistan B.V. negotiated a PSA for one of the offshore blocks in the Caspian Sea. Unfortunately, due to the long-standing border dispute, the group had to withdraw from the country and close its branch.
Myanmar
In 2013, the Group was qualified and participated in onshore and offshore bidding rounds in Myanmar.
In April 2020, the group drilled its first offshore exploration well.
The group is planning to drill its first onshore exploration well in Myanmar in 2027.
Thailand
In February 2015, subsidiary of Kuat Energy completed the acquisition of 20% interest in three onshore concessions (L44/43, L33/43 & SW1) in Thailand, with production reaching 1,500 bbl/d of light crude oil at peak production. The three onshore concessions are located in the Phetchabun Basin, a Tertiary rift basin in the interior of Thailand.
