OAO Ulyanovskneft continues to implement the 2015 drilling program

OAO Ulyanovskneft, subsidiary of AO NK RussNeft, completed drilling on Well Pad 2 of Kudryashovskoye field. Well 47 was commissioned having a daily production rate of 50 tons of oil.
The company has also commenced development of Well Pad 3 of the same field. Well 37 was started up there ahead of schedule with a daily oil production rate of 43 tons. Four more wells are intended to be drilled eventually at Well Pad 3.
Kudryashovskoye field was opened in 1985, its development started in 1998. There are 20 producing wells there, as of 01.01.2015. 98,740 tons of oil were produced over the field in 2014.
The 2015 drilling program of OAO Ulyanovskneft provides for overall 8 wells to be drilled. Implementation of the activities will allow the company to add 54,086 tons of oil to its production.