3 November 2017, 16:30
RussNeft will add about 450 tonnes of oil production in 2017 due to well intervention works, the Company states.
Following the results of the 9 months of 2017, AO Varioganneft, OAO Saratovneftegaz, and OAO Ulyanovskneft are the leaders in the well intervention efficiency growth.
The well intervention specific efficiency is expected to increase 48% in Varioganneft and 14% in Volga river group against the same parameter last year.
PJSC “RussNeft” well intervention portfolio prioritizes production intensification methods at brown fields and hydro-cracking in the first place.The well intervention activities include works on wells to adjust the field development and ensure the planned oil production levels. The well intervention works are hydro-cracking, side tracking, dual completion, shift to an overlying formation and some other activities. RNS