“Dear participants of today’s conference! Allow me to welcome you, to thank for the fact that you have responded to the invitation and are present here today. This is the second KDR Roundtable, with last year’s event being held under the slogan "we will not drill uneconomical wells"

We will not drill uneconomical wells that are unecomical at the project level, and the motto of today's conference is “do not to drill unecomical wells at the project level”.”

Sauat Mynbayev, President, JSC NC KazMunayGas, KDR Opening address 2016

With the second ­largest oil reserves as well as the second ­largest oil production among the former Soviet Republics after Russia, Kazakhstan is at the forefront of the oil and gas sector in the Caspian region. The 2nd KDR, Kazakh Drilling Roundtable, took place in Astana on the 16th of September 2016. It was fully supported under the Platinum Sponsorship and General Event Partnership of JSC NC KazMunayGas. The KDR was a great opportunity for operators and service companies to share knowledge and experience and develop a better understanding of the technology challenges faced by the industry.

As the second in a planned series of specialized roundtable, oil and gas events, to be held in Kazakhstan in association with JSC NC KazMunayGas, the KDR sets benchmarks for the future development of the industry and allows international companies to build long lasting business relationships with the key players in the Kazakh Oil and Gas sectors.

The KDR is an oil and gas event in Kazakhstan which is designed to specifically target the drilling industry.

KDR 2017 News

Caspian Sunrise: Well 144 Spudded on the MJF Structure

Caspian Sunrise: Well 144 Spudded on the MJF Structure

Caspian Sunrise PLC (formerly Roxi Petroleum plc) (“Caspian Sunrise”), the Central Asian oil and gas company, with a focus on Kazakhstan, is pleased to update the market with news from its BNG Contract Area...

Henderson Rigs & Equipment Acquires AXON Drilling Products

Henderson Rigs & Equipment Acquires AXON Drilling Products

Henderson Rigs & Equipment (Henderson), a leader in capital drilling equipment, is proud to announce the acquisition of AXON Drilling Products (ADP), formerly a division of AXON Energy Products. ADP is a recognized provider of top-quality drilling...

JSC KazMunaiGas: Operating Results for First Quarter of 2017

JSC KazMunaiGas: Operating Results for First Quarter of 2017

Overall, KMG EP, including its stakes in Kazgermunai (“KGM”), CCEL (“Karazhanbasmunai”) and PetroKazakhstan Inc. (“PKI”), produced 2,904 thousand tonnes of crude oil (238 kbopd) for the first quarter of 2017, a 5% decrease...

KazMunaiGas Exploration Production: CAPEX Up 12% in 2017

KazMunaiGas Exploration Production: CAPEX Up 12% in 2017

JSC KazMunaiGas Exploration Production held its regular Board of Directors meeting. During the meeting, the Board recommended a dividend payment on 2016 earnings, approved the revision of the 2017 capital expenditure plan and approved increase of processing fees starting from 1 April 2017...

Tethys Petroleum: 2016 Results and Outlook

Tethys Petroleum: 2016 Results and Outlook

Tethys Petroleum Limited today announced its Annual Results for the year ended December 31, 2016. Corporate Highlights – 2016: Conversion of USD6.3m of loans by Olisol Petroleum Limited...

Baker Hughes: Launches TerrAdapt Adaptive Drill Bit

Baker Hughes: Launches TerrAdapt Adaptive Drill Bit

Baker Hughes announced today the commercial release of its TerrAdapt™ adaptive drill bit, which can deliver dramatic improvements in drilling economics by using automation to mitigate downhole dysfunctions that cause inefficient drilling and costly tool failures...

NCOC: To Double Kashagan Production

NCOC: To Double Kashagan Production

Oil production on Kazakhstan’s Kashagan field will grow twofold to 370,000 barrels per day, the oilfield operator North Caspian Operating Company (NCOC) told TASS.

Paradigm: NCOC Extends Agreement for Managed Services

Paradigm: NCOC Extends Agreement for Managed Services

Paradigm® announced today that North Caspian Operating Company N.V. has extended its agreement with Paradigm for the provision of Technical Information Management (IM) and Computing Support and Consultancy in Kazakhstan...

KMG EP: 2016 Results - Total Production Down 2%

KMG EP: 2016 Results - Total Production Down 2%

JSC KazMunaiGas Exploration Production announces its operating results for the year 2016. Overall, KMG EP, including its stakes in Kazgermunai, CCEL and PetroKazakhstan Inc., produced 12,154 thousand tonnes of crude oil...