Exploration: News for Oil & Gas and Hydrocarbon Industries  Membership Services »
Gulf Oil and Gas grow your business
Home News Events Projects Tenders Unconventionals Community | My Account
Products and vendors Services and providers Jobs

TNK-BP to Invest 2.5B Rubles to Develop Yuzhno-Petyogskoe

Source: www.gulfoilandgas.com 4/13/2012, Location: Asia

Share |

TNK-BP informs that LLC “TNK-Uvat” (a member of the TNK-BP Group) is commencing development of Yuzhno-Petyogskoe field in the southern Tyumen Region and plans to commission the field before the end of 2013. The company will allocate ca. 2.5 bln rubles for exploration and production infrastructure construction this year.

Yuzhno-Petyogskoe is located in the territory of Keumskiy license area and is part of a group of fields covered by the Company’s Uvat project within Tyamkinskiy hub. The field was discovered in the course of exploration in March 2008. In 2011, the geologists made frac tests and obtained a commercial oil influx at a rate of 350 tonnes of oil per day on one of the wells, which gave an impetus to the commencement of active field development. Yuzhno-Petyogskoe has 24.2 mln tonnes of C1+C2 reserves under the Russian classification.

They already constructed a pad for the first well cluster, delivered a drilling rig, prepared a materials storage site and a helipad for MI-26 and constructed a temporary camp to commence oil production in the field.

‘We are going to drill nine development wells and one exploration well, construct an oil pipeline to the central processing facility, substations and 33 km of power transmission lines in the field this year’, said Yury Masalkin, General Director, LLC “TNK-Uvat”.

Exploration News in Russia >>

Africa Oil Operations and Development Update
  Kenya >>  7/29/2015 - Africa Oil Corp is pleased to provide the following update on its operations in Kenya. ...
Statoil Finds More oil from Gullfaks
  Norway >>  7/29/2015 - Production from the Gullfaks South (GSO) fast-track project for improved oil recovery in the North Sea started on 27 July. GSO will increase the outpu...

Ecopetrol Finds Important Discovery in Colombia
  Colombia >>  7/28/2015 - Ecopetrol S.A informs that at a depth of 3720 meters, the Kronos-1 well verified the presence of hydrocarbons in ultra-deepwater of Colombian south Ca...
Pura Vida's MZ-1 Well Fails to Encounter Hydrocarbons
  Morocco >>  7/28/2015 - Pura Vida Energy NL advises that the MZ-1 exploration well has reached a depth of 4,653 metres within the Lower Cretaceous and that wireline logs have...

Oil & Gas UK Comments on 2Q of 28th Offshore Licence Round
  United Kingdom >>  7/27/2015 - Following the news from the Oil and Gas Authority (OGA) that that 41 new offshore oil and gas exploration licences were awarded today (Monday 27 Jul...
Global Petroleum Provides Acquisition Update & Corporate Cost Reduction
  Namibia >>  7/24/2015 - Global Petroleum Limited announces an update in relation to the Company's assets, its acquisition strategy, and a programme to reduce corporate costs ...



Related Categories: Camp Building  Cleaning Equipment, Services  Communication  Corrosion Products/Services  Development  Exploration  Food Supplies  General  Labor Services  Land & Leasing  Mine Clearance  Oil & Gas Companies  Production  Service Companies  Skilled Labors  Transportation, 4X4 Trucks  Unskilled Labors  Utility Systems  Waste Disposal  Water Supply Services  Welding Products/Services 

Related Articles: Camp Building  Cleaning Equipment, Services  Communication  Corrosion Products/Services  Development  Exploration  General  Labor Services  Land & Leasing  Mine Clearance  Oil & Gas Companies  Production  Service Companies  Transportation, 4X4 Trucks  Utility Systems  Water Supply Services  Welding Products/Services 


Russia Oil & Gas 1 >>  2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | 11 | 12 | 13 | 14 | 15 | 16 | 17 | 18 | 19 | 20 | 21 | 22 | 23 | 24 | 25 |

More News

Oil & Gas Projects in Russia >>

Oil & Gas Companies in Russia >>

Related Links

Countries Quick Links

AZ BD BN CN GE HK ID IN IR JP KR KZ MM MN MY PG PH PK RU SG TH TJ TM TW UA UZ VN
Gulf Oil and Gas B2B marketplace:   About -  Advertising -  Competitive Intelligence -  Talent Solutions -  Membership Services Follow us on Facebook
Copyright © Universal Solutions All rights reserved. Privacy Policy. - Contact Us  Gulfoilandgas rss feed