Yamal oil company reports on increase in production

In the first six months of 2015, Gazpromneft-Noyabrskneftegaz produced 3.485 million tons of oil. It is by over 32 thousand tons more than in the same period of 2014. Thus, the company continued a tendency to increase the production, developed last year, the company reports.

This was contributed by the systematic and effective work using the basic foundations plus the amount of active operational drilling. Thus, the additional effect of the launch of new wells at the company’s fields amounted to 146.341 thousand tons of oil in the first half of the year. The positive impact on the dynamics of the production was also had by a successful implementation of a number of geological and technical measures. For example, the number of wells, in which a hydraulic fracturing was carried out in the first six months of 2015, increased by 10% and amounted to 139, the company said.

Full text available to premium subscribers only.

Buy full access for 24 hours now

or

Request a quote to subscribe for a longer period

Oil and Gas, Metals and Mining, News from Russia and neighbouring countries
42a Pushkina Street; Ufa, Bashkortostan 450076; Russia
E 54° 43.48836" N 55° 55.52346"
Telephone: +7 927 303 00 25

Theme by Danetsoft and Danang Probo Sayekti inspired by Maksimer