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    Rosneft Steps Up Investments in Priobskoye Field

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Summary

Rosneft's Yuganskneftegaz opened two new oil and gas production units at the Priobskoye field, with the intention of completing 535 new wells during 2014.

by: Sergio

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Natural Gas & LNG News, News By Country, Russia

Rosneft Steps Up Investments in Priobskoye Field

Rosneft subsidiary Yuganskneftegaz officially opened two new oil and gas production units at the Priobskoye field, with the intention of completing 535 new wells in the next seven months.

‘Production gain is provided not only by increased number of producing wells. The enterprise also applies new technologies of mechanized extraction,’ reads a note released on Friday.  

The field, which was discovered in 1982, is in the Khanty–Mansi Autonomous Okrug of Western Siberia.  

Both Rosneft and Gazprom Neft have interests in the field. Priobskoye started production in 2000.