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 >>

Brazil Confident New Rules Will Protect Oil Rights
  Brazil >>  9/16/2014 - Brazilian regulators were confident that new regulations will trump provisions of the country's 2010 oil law that threaten to strip oil companies such...
Ophir Finds Gas Discovery in Block R
  Equatorial Guinea >>  9/16/2014 - Ophir Energy plc announces that the Silenus East-1 well in Block R, Equatorial Guinea has resulted in a new gas discovery. The Silenus East-1 well was...

Tethys Petroleum Limited Provided an Operational & Corporate Update
  Kazakhstan >>  9/16/2014 -  Operations

In Kazakhstan, work continues on the gas project with the dehydration equipment having now been successfully tested in ...

Brazil to Hold Oil Rights Auction in 1st Half of 2015
  Brazil >>  9/15/2014 - Brazil will hold a 13th round of oil rights auctions in the first half of next year in a sale that will include new areas in the country's promising E...

SOCAR Issues Tender for 600bcm of Two Caspian Sea Gas Deposits
  Azerbaijan >>  9/10/2014 - Azerbaijan state energy company SOCAR has issued a tender for the joint exploration of two major gas deposits in the Caspian Sea with total preliminar...
Block 09/05 Exploration Drilling Update
  China >>  9/10/2014 - Roc Oil Company, a wholly owned subsidiary of Roc Oil Company Limited, as operator of Block 09/05, Bohai Bay, Offshore China has drilled the QK11-1-1 ...



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 |

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