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 Gulfoilandgas rss feed Follow us on Facebook  Jobs 
Products and vendors Services and providers Oil & Gas Software and publications

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 >>

Sonatrach Makes 18 Hydrocarbon Finds in 2014
  Algeria >>  9/2/2014 - Thirteen finds were made during the six first months of 2014, seven of which are relating to oil and six to gas, in the basins of Berkine, Illizi, and...
Oil and Gas Exploration in the Northwestern Coast
  Egypt >>  9/1/2014 - Three international companies won the international tender raised by the Egyptian Natural Gas Holding Co. (EGAS) last month. This tender is to conduct...

Algeria Delays Oil Bids to September 30
  Algeria >>  8/28/2014 - Algeria has accepted a request by foreign energy companies to push back the opening of bids for its new oil and gas round to the end of September, the...
Ivanhoe Energy to Terminate Ecuador Contract
  Ecuador >>  8/26/2014 - Petroamazonas oil company is in the process of terminating a contract with Canada's Ivanhoe Energy, officials said. Ivanhoe has held a 30-year oil exp...

Shell Announces Marjoram-1 Gas Discovery in Malaysia
  Malaysia >>  8/26/2014 - Shell announces further exploration success in Malaysia with another gas discovery at the Shell-operated deep-water Marjoram-1 well. ...
Circle Oil Finds Discovery on EMD-1 Well
  Tunisia >>  8/26/2014 - Circle Oil Plc, the Middle East and Africa focused oil and gas exploration, development and production company, is pleased to announce the preliminary...



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 |

More News

Oil & Gas Projects in Russia >>

Oil & Gas Companies in Russia >>

Related Links

Countries Quick Links

AZ BD CN GE 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 E-Marketplace - Promote your Business - About Us
Copyright © Universal Solutions All rights reserved. Privacy Policy. - Contact Us