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 >>

Gran Tierra Energy Provides Operations Update in Colombia
  Colombia >>  1/20/2015 - Gran Tierra Energy Inc., a company focused on oil exploration and production in South America, provided an operations update. ...
Lundin Petroleum Spuds Exploration Well on the Zulu Prospect
  Norway >>  1/20/2015 - Lundin Petroleum AB (Lundin Petroleum), through its wholly owned subsidiary Lundin Norway AS (Lundin Norway), is pleased to announce that drilling of ...

Eni Wins Three-Year Extension on Block 15/06 Exploration Period
  Angola >>  1/19/2015 - Eni obtained a three-year extension from the Angolan authorities to the exploration period of the prolific Block 15/06, located in Angola’s offshore, ...
Iran Begins Talks with 3 Oil Giants
  Iran >>  1/17/2015 - Despite the sanctions remaining in place for oil and gas, Iran began a new round of talks with three oil and gas giants in Japan and South Korea. ...

Crown Point Provides Positive Exploration Results
  Argentina >>  1/12/2015 - Crown Point Energy Inc. announced positive preliminary results for the second of two oil and gas exploration wells at its 25.78%-owned Tierra del Fueg...
Canacol Provides Update and Oil Discovery
  Colombia >>  1/12/2015 - Canacol Energy Ltd. announces that due to the recently announced acquisition of the VIM 5 and 19 Exploration and Production (“E&P”) contracts in Colom...



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 |

More News

Oil & Gas Projects in Russia >>

Oil & Gas Companies in Russia >>

Related Links

Countries Quick Links

AZ BD BN 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 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