Petrodata to manage oil and gas data in Kazakhstan

Oct 19, 2004 02:00 AM

The Kazakh Oil and Gas Institute and the US company Halliburton signed an agreement in Astana to set up an equal joint company Petrodata Kazakhstan to act as the technical operator for a data bank that is being set up on oil and gas projects.
"The main task of the national data bank will be to manage data on oil and gas projects being implemented in Kazakhstan," Bolat Uzhkenov, chairman of the Kazakh geology and natural resource protection committee at the Kazakh Energy Ministry, said.

He said that in October 2003 the committee and a number of oil companies working in Kazakhstan signed an agreement to set up a national data bank.
These include Petrom, Yukos, Kazger Munai, KPO, Agip KCO, CNPC-Aktobemunaigaz, PetroKazakhstan, FIOC, ChevronTexaco, Turgai Petroleum and KazMunaiGaz.

Uzhkenov said that the participating oil companies would finance the national data bank. In turn, the Kazakh government will provide "historical information, stored in the funds and archives of the geology committee." It is also planned to integrate the data bank with the KazMunaiGaz corporate database.
Uzhkenov said that all the information accumulated in the national data bank will be provided to participating oil companies on a commercial basis.

The central server for the databank will be located in Astana, and regional servers -- "in the southern and western regions."
The Kazakh Oil and Gas Institute said that the data bank is being set up using PetroBank technology, developed by Halliburton.

Source: Interfax
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