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Investment project of Oil and Gas Company "RussNeft" on exploitation drilling at Mogutlorskoye oilfield in Western Siberia is estimated at more than 300 million Rubles

24.07.2009 "Prime-ТАSS"

MOSCOW, July 24. /PRIME-TASS/. ОАО МPК "Aganneftegazgeologia" /the subsidiary enterprise of OJSC Oil and Gas Company "RussNeft"/ realizes program on exploitation drilling at Mogutlorskoye oilfield / Khanty-Mansiysk Autonomous District - Yugra, Western Siberia/.

It was resolved to start drilling of exploitation wells. Drilling equipment is being installed in the oilfield. Investment project of Oil and Gas Company «RussNeft» is estimated at more than 300 million Rubles. This information has been provided by the press-service of "RussNeft".

Mogutlorskoye oilfield has been on stream since 1999. In 2008 within the scope of exploitation works ОАО МPК «Aganneftegazgeologia» has re-activated well № 288-П.  After the formation test ЮВ 1 there was received dry crude oil influx with an average daily production rate of 80 tons.

It’s planned, that new directional wells 3000 m in depth will strike oil-saturated strata ЮВ 1 and ЮВ 2.

Commissioning of new wells will allow the enterprise to significantly increase hydrocarbon production.

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