Gazprom to start Achimov strata development at Yamburgskoye field

Gazpromneft-Zapolyarye has concluded agreements to start developing Achimov strata at the Yamburgskoye oil and gas condensate field, as well as oil-rim deposits at the Pestsovoye and En-Yakhinskoye fields in Russia.

The Pestsovoye and En-Yakhinskoye fields are owned by parent company Gazprom Neft.

The long-term risk-based operator agreements were concluded with Gazprom PJSC subsidiaries.

Gazprom Neft has now started the implementation of large-scale projects involving the development of Achimov oil deposits at the Yamburgskoye field.

Oil-rim deposits at the Petsovoye and En-Yakhinskoye fields in the Nadym-Pur-Tazovskoye region of the Yamalo-Nenets Autonomous Okrug will also be developed as part of the projects.

Gazprom Neft initiated preparations for developing these assets last year and re-tested two exploratory wells at the Yamburg field and obtained commercial oil inflows.

Gazprom Neft first deputy CEO Vadim Yakovlev said: “The key to these kinds of reserves — the development of which was, for a long time, considered unviable — lies in modern drilling technologies, and, specifically, in building wells of complex design.

“About 50% of Gazprom Neft’s total production will be produced in the Yamalo-Nenets Autonomous Okrug as soon as 2020.”

Drilling of high-tech horizontal wells will begin this year, along with multi-stage fracking. The company will also decide on the project implementation terms later this year.

Commercial production at the Yamburg field’s Achimov deposits is expected to start in 2024, after getting clarification of the geological structure and completing hydrocarbon treatment and transportation infrastructure.

Daily production volumes are expected to reach up to eight million tonnes of oil equivalent (Mtoe).

With the implementation of this project, Gazprom will develop new technologies for subsequent oil reserve development at Western Siberian Achimov deposits.

Oil-rim deposits development at the Petsovoye and En-Yakhinskoye fields is expected to commence at the end of 2021, with an estimated annual production volumes of 2Mtoe.

Earlier this month, Gazprom Neft Middle East augmented the capacity at its Sarqala field in the Kurdistan region of Iraq with the commissioning of a third production well.