Commercial Production at Slavineft's Kuyumbinskoye Field in Krasnoyarsk Region Will Start in 2017

11.10.2013

Commercial Production at Slavineft's Kuyumbinskoye Field in Krasnoyarsk Region Will Start in 2017

The Kuyumbinskoye oil and gas field situated in the Krasnoyarsk Region, whose license is owned by OOO Slavneft-Krasnoyarskneftegaz will be put to commercial production in 2017.
 
At the first stage of operation in 2017, the total of 295 ths tons of oil will be produced, according to the plan. It is expected that the annual oil production volumes will gradually increase to reach as much as 10.8 mln tons in 2029 as the new deposits of the Kuyumbinskiy and other license areas of Slavneft-Krasnoyarskneftegaz are put to production.
 
From 2010, active operational infrastructure setup and preparation of hydrocarbon reserves for production have been performed at the Kuyumbinskoye field. Over the recent period, the tank farm with the capacity 30 ths tons has been built and the pilot program has been successfully performed at the oilfield: 7 production wells were drilled (4 wells with horizontal tailing-in, 2 low-angle wells and 1 directional well). The wells are operated with free flow and the oil rate of 50-80 tpd with minimum underbalance. 2 more horizontal wells will be put to production before the end of year, and from 2014 to 2015, 16 wells will be constructed including 2 wells bilateral horizontal wells.
 
SN-KNG performs exploration activities at 5 license areas of the Evenki municipal area of the Krasnoyarsk Region, including: the Abrakupchinsky, Kordinsky, Podporozhny, Kuyumbinsky and Tersko-Kamovsky license areas. The territory of SN-KNG’s operations covers the total of 18 thousand square kilometers. The Company’s key discovered fields are located at the Kuyumbinskiy and Tersko-Kamovskiy license areas located at Yurubcheno-Tokhomskaya oil and gas accumulation zone.
 
OOO Slavneft-Krasnoyarskneftegaz is one of the industry leaders in terms of hydrocarbon reserves increment in Eastern Siberia. As of January 1, 2013, С1+С2 remaining recoverable reserves on the books of OOO Slavneft-Krasnoyarskneftegaz amounted to 504.7 mln tons (including С1 - 152.9 mln tons, С2 - 351.9 mln tons).
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