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OAO Ulyanovskneft commissioned a well with a production rate of over 110 tons of oil per

01.11.2012 "AiF Ulyanovsk"

Ulyanovsk. OAO Ulyanovskneft, subsidiary of OAO NK RussNeft, continues implementation of the 2012 Drilling Program. Thus, well No. 67-3 was commissioned at Vishenskoe field with a daily oil production of over 110 tons.

Vishenskoe field was opened in 1980 and its development started in 1986. It has 12 producing wells. The field production in 2011 was 43,334 tons of oil. Implementation of the production drilling and well intervention program will allow OAO Ulyanovskneft to stabilize the oil production volumes this year and create basis for reaching the target oil production rate and further growth.

OAO Ulyanovskneft schedules to drill 17 new wells in the current year. The estimated production growth due to the stated 2012 activities is around 68 thousand tons of oil.

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