The purpose of the contract is to involve the new equipment and technologies proven in the fields of JSC TATNEFT. This allows increasing crude oil production in the south-eastern part of Goturdepe oilfield. The oil bearing deposits here have a complex tectonic structure with the presence of geological faults. In addition, crude oil production in this area is complicated by the high gas/oil ratio, paraffin deposits in the tubing string, sand plugs formation, corrosiveness of the products lifted, non-standard design of wells and a variety of complications during operation of downhole equipment.

TATNEFT Company possesses necessary equipment, expertise and a wide range of different technologies to solve the problems mentioned above. The plans envisage application of a sidetracking technology, patches for production casing failures isolation, etc.

Two crews have worked over 16 wells and put 10 wells into operation which produced more than 20,000 tons of additional oil.

The partnership in the area of crude oil and gas production between JSC TATNEFT and the State Concern Turkmenneft at Goturdepe field leads to strengthening of friendship and development of mutually beneficial cooperation of Tatarstan’s and the Republic of Turkmenistan’s oilmen.

The relationship between JSC TATNEFT and Turkmenneft State Company develops in the framework of cooperation formalized in the relevant Agreement between the Republic of Tatarstan and Turkmenistan dated June 28, 2008 and the Protocol on cooperation in the oil and gas sector, signed by JSC TATNEFT and Turkmenneft State Concern in July 2008.