Tengiz / Korolev (TCO) — oil & ngl project
Data compiled from public filings — information only, not investment advice. AI‑assisted; see methodology.
Project information
As at 31 December 2025
Description
As at 31 December 2025
Tengizchevroil (TCO) affiliate — Chevron 50% interest — operating the Tengiz and Korolev crude oil fields in western Kazakhstan under a concession expiring in 2033. In 2025, TCO completed the Future Growth Project (FGP) at Tengiz, increasing crude oil production by 260,000 b/d to total gross output of one million oil-equivalent barrels per day. Most 2025 crude exports moved through the Caspian Pipeline Consortium (Chevron 15% interest in CPC; CPC transported an average 1.5 MMbbl/d in 2025).
Oil & Gas metrics
Multiple effective dates · 1P
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Reserves & resources — detail
As at 31 December 2025
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