Page 12 - FSUOGM Week 25

FSUOGM
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advancement in the industries they operate in, supporting circular economy. ey have also been our long-term business partner,” said Achim Sties, Senior Vice President, Performance Chemicals Europe, BASF SE. e companies plan to also jointly develop new high-performance additive solutions, focusing on highly demanding converting conditions for polymers and speci cally targeting long term durable goods. ey will promote these new solutions at joint technical events to educate Sibur’s customers and industry players.
“At BASF, we are committed to developing additive solutions that perform economically and last longer. I am convinced that this extended partnership with Sibur will accelerate the goals of both companies to drive long term success through innovative solutions by leveraging on the strong additives know-how of BASF and extensive synthetic polymer experience of Sibur.”
Sibur (Russia), June 21 2019
Lukoil reports progress in the Caspian
Lukoil is successfully evolving its priority projects in the north of the Caspian Sea. e company continues to construct facilities at Vladimir Filanovsky, Yury Korchagin and Rakushechnoye elds.
us, the company has commissioned the eighth and ninth production wells at V. Filanovsky eld as part of Phase 2 of the project development. e former has the
bottom hole as deep as 5,153 meters and a 3,439-meter long horizontal section. e bottom hole of the latter is 2,540 meters deep; its horizontal section is 629 meters long. Both wells are monobore wells with a daily initial ow rate exceeding 1,000 metric tons each. e eld’s production is maintained at the planned level of 6mn tonnes per year since 2018.
As part of Phase 2 of the construction plan for Yury Korchagin eld, the company has completed the fourth well at the wellhead platform with a bottom hole 6,390 meters deep and a horizontal section 4,276 meters long. An intelligent completion system run down the hole of the well, allows real-time control of operation depending on actual conditions, which contributes to higher e ciency of the recovery of hydrocarbons. As a result of the drilling program implemented as part of Phase 2 of the Yury Korchagin development plan, production of oil went up 27% in the rst quarter of 2019 as against the same period of the previous year.
As for Rakushechnoye eld, the company performs construction and assembly works, develops technical documentation, procures equipment and materials, and performs hull works on the topsides and substructures of
the xed ice resistant platform and of the accommodation platform. Commercial production of oil at Rakushechnoye eld is to begin in 2023. e planned annual production rate is estimated 1.2mn tonnes of oil.
Lukoil (Russia), June 26 2019
Gazprom Neft confirms
commercial output at
Chonsky project
Gazprom Ne subsidiary Gazpromne -GEO has drilled a second horizontal well at the Ignyalinskoye eld in the Irkutsk region. Commercial in ow is more than double the ow rate at the rst well, constructed last year. e project to develop the Chonsky elds will move into pilot development in 2020.
A second horizontal well has been drilled at the Ignyalinsky licence block during work on preparing reserves at the Chonsky group of elds for development. Ten-stage hydraulic fracking has resulted in commercial oil in ows of more than 250 tonnes per day. is is more than twice the ow-rate achieved
at the rst well, constructed in 2018, where daily production has been running at about 120 tonnes. e outcomes of drilling the new well con rm the e ectiveness of the approaches chosen in developing the Ignyalinskoye oil and gas condensate eld, as well as the commercial outlook for the Chonsky project.
e viable development of the Chonsky group of elds is complicated by their anomalous geological structure and the wide occurrence (bedding) of hydrocarbons. e construction of the second production well at the Ignyalinsky license block had been preceded by extensive interpretation of large volumes of seismic data.
A velocity-depth model of the Ignyalinsky block has been developed by Gazprom
Ne , under a technology partnership with Schlumberger, taking the speci c features and historic technological development
of this historic oil-bearing region into account. Obtaining commercial oil in ows has proved the accuracy of the geological model, re ecting strata construction and the location of key oil-bearing zones in areas under development. Gazprom Ne
is now continuing work on developing a seismic model of carbonate formations at all assets involved in the Chonsky project, as well as a model of terrigenous strata at the Tympuchikansky and Vakunaysky blocks.
Vadim Yakovlev, First Deputy CEO, Gazprom Ne , commented: “Eastern Siberia is a strategic area in Gazprom Ne ’s business development, and developing the Chonsky elds — where reserves in place stand at more than one billion tonnes of oil — is one of the company’s key projects here. Obtaining the second commercial in ow here con rms the economic viability of this project.
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Week 25 26•June•2019