Chevron Launches Oil Production at Tengiz Future Growth Project

Chevron Corporation has officially launched oil production at the Future Growth Project, being developed by the company's wholly-owned affiliate in Kazakhstan, Tengizchevroil LLP, and its 50%-owned JV partner, Kazakh state-owned corporation NC KazMunayGaz. Tengiz's FGP has more than quadrupled field processing and production capacity.

Growing Capacity at Tengiz

FGP marks the third processing plant at Tengiz and expands sour gas injection capabilities. The project at full capacity adds 260,000 barrels a day of crude oil production from the field in its total to one million barrels of oil equivalent per day. The achievement results from the 2024 execution of the successful Wellhead Pressure Management Project which optimized field operation and plant efficiency.

Strategic Growth for Chevron

The Tengiz oil field is the world's deepest producing supergiant oil field, located on the west of Kazakhstan, and it is also the largest single-trap producing reservoir. The development projects at Tengiz, including FGP and WPMP, have modernized the gathering and processing infrastructure at this vital site.

“This milestone concludes a multiyear project that completely revamped the gathering and processing capacity of one of the world’s largest oil fields that will provide significant economic benefit for the Republic of Kazakhstan,” noted Clay Neff, president of Chevron International Exploration & Production. “This accomplishment was possible due to our strong partnership with Kazakhstan, our contractors, and the local workforce.”

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Infrastructure Enhancements

The FGP and WPMP programs have brought considerable infrastructure upgrades, such as five Frame 9 gas turbine generators, four large compression trains with additional pumping capacity, a centralized control center, and sour gas handling and reinjection systems that will maintain field pressure over the long term.

Tengizchevroil LLP operates as a partnership, with Chevron holding a 50% stake, ExxonMobil owning 25%, KazMunayGas holding 20%, and Lukoil owning 5%.