Offshore North Caspian Sea Contract Area (Kashagan Oil Field and others)
|Project status||Venture company
|Offshore North Caspian Sea||In production||INPEX North Caspian Sea, Ltd.
(August 6, 1998)
|INPEX North Caspian Sea 7.56%
In September 1998, INPEX acquired an interest in the Offshore North Caspian Sea Contract Area in Kazakhstan’s territorial waters. The Kashagan Oil Field is located within this area in the Caspian Sea where the water reaches depths of 3–4 meters, approximately 75 kilometers southeast of Atyrau, Kazakhstan. The shipment of crude oil commenced in October 2016. INPEX and its partners have achieved the project’s initial production volume target of 370 thousand barrels per day and are currently working to increase the daily production volume to 450 thousand barrels.
ACG Oil Fields
|Project status||Production volume**||Venture company
|ACG||In production||Crude oil: 458 Kbbld||INPEX Southwest Caspian Sea, Ltd.
(January 29, 1999)
|INPEX Southwest Caspian Sea 9.31%
- ** Production volume on the basis of all fields and average rate of fiscal year ended December 31, 2021
INPEX acquired an interest in the Deepwater Gunashli (ACG) Oil Fields in the south Caspian Sea offshore Azerbaijan in April 2003. At the ACG Oil Fields, oil is being produced at the Chirag, the Central Azeri, the West Azeri, the East Azeri, the Deepwater Gunashli and the West Chirag locations. In September 2021, cumulative crude oil production reached 4.0 billion barrels. INPEX and its partners are working on development to commence production with a new platform in 2023.
Tight Oil Project (Eagle Ford shale play)
|Project status||Production volume*||Venture company
|Eagle Ford shale play, southern Texas, US||In production||Crude oil: 6 Kbbld
Natural gas: 10 MMcf/d
|INPEX Eagle Ford, LLC
(March 5, 2019)
|With the exception of some areas, INPEX holds a 100% interest as the operator|
- * Production volume on the basis of all fields and average rate of fiscal year ended December 31, 2021
INPEX is steadily producing and marketing crude oil and gas in the Eagle Ford Shale Oil Project acquired in the State of Texas in the United States in April 2019. Most of the assets are located in Karnes County, Texas, considered to be a highly productive area for crude oil within the Eagle Ford shale play, which has long hosted a concentration of tight oil and shale gas development activity. INPEX is the operator of the project, with the exception of a portion of the assets.