Field Zharkum was discovered in 1973, by drilling well №1, later wells №2 and №3 were drilled. CDP-2D seismic survey research was conducted by technology of high-resolution seismic survey. Based on the seismic data “Re-exploration of field Zharkum project” was developed and two exploration wells (№ 4, 5) were drilled.

Well №1Г was restored in 2006, gas production rate were 140 thousand m³ (C₁V₁), well №2Г was restored, gas production rate was C₁V₁ -24 thousand m³. ​​Hydraulic fracturing of the well № 4 was made and gas production rate was 25 thousand m³ (C₁sr).

The hydrocarbon reserves were counted by the results of the hydraulic fracturing in 2010 and 1,273 billion m³ of gas of C₁ approved in the SRC RK, with 833 million m³ extractive reserves of dry gas.

“The project of experimental-industrial exploitation of well Zharkum” was performed in 2013, the project work is carried out: the construction of a gas pipeline Amangeldy-Zharkum and develop the field Zharkum.  The start of experimental-industrial exploitation of field is planned in 2014.