Production

Strengthening and expanding the Company’s resource base is one of its strategic aims. The robust resource basis ensures that production activities are not disrupted and that oil production targets are met. The Company invests heavily in exploration and continues to add to its license portfolio, exhibiting constant replenishment of oil and gas reserves. Bocan Energy Company’s fields and licensing blocks are spread over three oil and gas provinces. When it comes to exploration, the Company prioritizes the use of new technologies and equipment, as well as the support of operations by research and development institutes and design institutes, all of which contribute to Bocan Energy Company’s efficiency.

Bocan Energy is a Kazakhstan oil corporation with operations in Western of Kazakhstan. The Company is devoted to ensuring production levels that allow it to strike a balance between economic efficiency and mineral resource rationalization in the upstream sector. Bocan Energy Company maintains consistent production levels in older fields while pursuing hard-to-recover reserves. Simultaneously, the Company is constructing new oil production hubs and developing appealing places. In recent years, the Company has kept its oil output stable by focusing on enhancing the oil recovery factor, which is one of the highest in the country.

Over the years, Bocan Energy Company has implemented a Manufacturing modernization program, which includes the reconstruction and modernization of its production unit, which has improved product quality and increased its competitive value. It is the most extensive modernization effort in the Kazakhstan oil industry’s history. Due to the temperature and topography of this site, traditional methods of building up roads, drilling wells, constructing pipelines, and constructing field facilities were impractical. The oil-producing sector, in fact, served as a real-world test bed for innovative technologies and methods for developing fields under challenging geological and climatic conditions.

One of the main aims of Bocan Energy Company is to expand the oil business. Our main goal between now and 2030 is to transform into a next-generation firm that will serve as an example of efficiency, technological effectiveness, and safety for other oil companies around the world. Bocan Energy will employ optimal optimization methods, lower the cost of existing technologies, and introduce and adapt new technologies on a broad scale to extract the remaining reserves from the current resource base at the lowest feasible cost to achieve these goals.