Page 11 - FSUOGM Week 12 2021

FSUOGM PROJECTS & COMPANIES FSUOGM

Gazprom Neft expands oil output

at Chayandinskoye

RUSSIA RUSSIA’S Gazprom Neft produced 200,000 Asia-Pacific markets via the Eastern Sibe-
tonnes (4,000 barrels per day) of oil from oil rims ria-Pacific Ocean (ESPO) pipeline. Gazprom
Gazprom Neft is at the Chayandinskoye gas field in 2020, marking Neft is in the process of expanding its facilities,
targeting oil rims at a tenfold increase year on year. in order to boost oil production by almost five
its parent company's Oil rims are thin layers of oil covered by much times by 2023. Its eventual target is to flow 3mn
largest gas fields. larger gas reservoirs. Gazprom Neft is targeting tonnes per year (tpy) of oil equivalent from the
them at some of its parent company Gazprom’s deposit.
largest gas fields, as part of efforts to maximise Gazprom’s deputy director for upstream,
hydrocarbon recovery. Vadim Yakovlev, said Chayandinskoye was an
Chayandinskoye, situated in the Yakutia example of integrated development, where oil,
region, is one of the largest gas fields in Russia gas and condensate are all extracted with maxi-
with 1.2 trillion cubic metres in reserves. Its gas mum efficiency. He noted that Chayandinskoye’s
is pumped to China via the Power of Siberia reserves were not only “colossal” but also posed
pipeline. “geological challenges.” The company’s experi-
Gazprom Neft began drilling wells at ence in producing hard-to-recover oil in West-
Chayandinskoye in 2019, under a risk-service ern Siberia has helped it overcome them, it said.
agreement with Gazprom. The company has “In the future, Chayandinskoye may become
now drilled 17, and plans to sink around 40 more the core of a new production cluster for Gaz-
wells that will be horizontal, using the fishbone prom Neft in Eastern Siberia,” he said.
technique, where multiple offshoots are estab- Chayandinskoye is situated not far from the
lished from one horizontal shaft, giving the well fields that make up Gazprom Neft’s Chonsky
a fishbone appearance. project, which for years the company has been
Oil from Chayandinskoye is supplied to trying to move forward with. ™

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