Gazprom Neft minimize its non-traditional oil manufacturing prices in 2020, taking this all the way down to RUB13,000 per tonne and delivering a 20% discount on 2019 prices. Production prices are anticipated to achieve RUB8,500 per tonne by the tip of 2021, permitting the corporate to begin business manufacturing of Bazhenov strata at fields with developed infrastructure already in place.
Gazpromneft-Technology Partnerships (the corporate’s industrial integration hub, beforehand often called the Bazhen Technology Centre) delivered a 78% year-on-year enhance in manufacturing at Bazhenov strata in 2020, reaching 100,000 tonnes — new technological options for growing non-traditional hydrocarbons having allowed the enterprise to greater than halve the prices of manufacturing Bazhenov oil, from RUB30,000 at first of the venture in 2017 to RUB13,000 by 2021.
2020 additionally noticed the development of a high-tech properly involving a two-kilometre horizontal shaft, 30-stage hydraulic fracking, and high-speed fluid injection (of as much as 16 cubic metres per minute) on the Palyanovskoye area within the Khanty-Mansi Autonomous Okrug—Yugra — this primary time all operations on such complicated building have been undertaken utilizing completely Russian-produced tools.
Gazprom Neft is anticipating to finish its testing of a variety of options for the viable manufacturing of Bazhenov oil in 2021. Eight wells are to be drilled on the Palyanovskoye area for closing affirmation of the effectiveness of economic know-how for growing non-traditional reserves. Completing this experiment, and decreasing non-traditional oil manufacturing prices to RUB8,500 per tonne, will make it doable for viable manufacturing of Bazhenov hydrocarbons to begin at West Siberian fields with infrastructure already in place.
Alexey Vashkevich Director for Technological Development, Gazprom Neft stated: “We have come a great distance in with the ability to create the impetus for growing “hard-to-recover“’ oil, in addition to halving manufacturing prices — at a time, furthermore, when import-substitution ranges in constructing the high-tech wells essential for growing non-traditional reserves reached greater than 95%. Many of the options developed with our involvement are unparalleled all through the business. Deploying a business know-how for growing the Bazhenov Formation won’t solely make it doable to provide an additional a million tonnes per yr from these reserves by 2025, however will even open up entry to different tight reserves in Western Siberia.“
The Bazhenov Formation or Bazhenov Shale is a geological stratum within the West Siberian basin. It was shaped from sediment deposited in a deep-water sea in Tithonian–early Berriasian time. According to U.S. Energy Information Administration estimates printed in June 2013, the full Bazhenov shale potential space has a useful resource of a risked tight oil in-place of 1,243 billion barrels.
(Source and Image: Gazprom Neft – Drilling the Bazhenov strata in Western Siberia)

The publish GAZPROM NEFT DOUBLES PRODUCTION OF BAZHENOV TIGHT OIL IN WESTERN SIBERIA appeared first on Energy Global News.

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