Gazprom Neft and Schlumberger sign well logging agreement

Gazprom Neft and Schlumberger have signed an agreement with regards to technological cooperation in well logging.

Under the agreement, the companies will join the expert potential of Schlumberger and hands-on experience of Gazprom Neft subsidiary, Gazpromneft-Noyabrskneftegazgeofizika (Gazpromneft-NNGGF).

The deal will also combine the knowledge of Gazprom Neft’s R&D centres in order to integrate the latest logging technologies into the expert geophysics company.

A specialist in geophysical, hydrodynamic studies and logging, Gazpromneft-NNGGF has seven local units.

Schlumberger will offer engineering support to its partners and train the staff of its operating units.

Gazprom Neft first deputy CEO Vadim Yakovlev said: “Gazprom Neft is committed to developing its scientific, intellectual, staffing and technological capabilities, supporting a collaborative ecosystem and building an inclusive innovation-focused environment.”

The latest deal is a follow-up to the technological cooperation agreement signed by Gazprom Neft and Schlumberger in 2011.

The agreement was aimed at increasing the efficiency of hydrocarbon exploration and production at Gazprom Neft’s deposits in Russia, as well as globally.

A coordination committee comprising representatives from both companies was created after the signing of the agreement.

Established in 2007, Gazpromneft-Nefteservice currently manages Gazpromneft-NNGGF, Noyabrskenergoneft and Noyabrskteploneft.

Gazprom Neft comprises more than 70 production, refining and sales subsidiaries throughout Russia, the CIS, and abroad. It also has hydrocarbon proved and probable reserves of 2.84 billion tons of oil equivalent according to SPE-PRMS standards.

Last month, Schlumberger and Rockwell Automation entered an agreement to create a new joint venture, Sensia, the first fully integrated digital oilfield automation solutions provider.