In January-September of 2014, Irkutsk oil company increased production of oil and gas condensate by 34%
Edited by Rhod Mackenzie / 2014-10-10 05:03:51
In January-September 2014, the Irkutsk Oil Company (INC) increased the production of crude oil and gas condensate by 34% as compared with the same period of 2014 to 2.8 million tons.
The production growth still takes place due to the increase of well stock, a switch of the wells to the mechanical method of extraction and the hydraulic fracturing of the formation.
The fracturing technology can significantly increase the productivity of wells.
In 2014, the production of oil and gas condensate is expected to reach 3.6 million tons.
In 2013, about 2.9 million tons of crude oil and gas condensate were produced. In 2014, the production of
