New oilfield discovered in Kazakhstan

NUR-SULTAN, Kazakhstan – A fountain oil flow fountain appeared during geological exploration at the Bekturly Vostochny exploration block in the Mangistau region in western Kazakhstan, Kazakhstan’s state oil and gas KazMunayGas (KMG) said on June 23.The fountain oil inflow erupts at a rate of up to 100 cubic metres per day and was obtained according to the results of high-tech seismic...