Gazprom Neft has entered into an agreement with American corporation DeGolyer and MacNaughton Corp. on the selection and utilisation of innovative enhanced oil recovery (EOR) techniques at its Priobskoye field, in a document signed at this year’s St Petersburg International Economic Forum by Vadim Yakovlev, First Deputy CEO, Gazprom Neft, and Martin Wiewiorowski, Director of D&M’s Russian Branch.
Under this agreement DeGolyer and MacNaughton specialists will, throughout 2018-2020, analyse the history of the Priobskoye field since its discovery, assess the potential for increasing production and increasing the oil recovery factor (ORF), formulate recommendations for realising this potential, and address immediate challenges and problems in developing the Yuzhny (Southern) licence block at the Priobskoye field.
On the basis of this data, plans for pilot works and further geological prospecting at the asset will be put in place.
In addition to this, the process of analysing the appropriate cutting-edge technologies to be used will be initiated, and alternative approaches to solving field development problems developed.
A programme for the further professional development of Gazprom Neft specialists will also be put in place.
According to Gazprom Neft specialists, the full implementation of programmes developed under the agreement with D&M will allow reserves at the Priobskoye field to be brought into development, will enhance oil recovery through existing well stock, and will increase the ORF by five to six percent.
DeGolyer and MacNaughton plans to open an office in St Petersburg in 2018 in order to undertake implementation of this project.
Vadim Yakovlev, First Deputy CEO, Gazprom Neft, commented: Gazprom Neft has been working with DeGolyer and MacNaughton for more than 10 years.
The unique competencies accumulated by the company during annual reserves audits has become a key component in our joint project to study the potential of the Priobskoye field, initiated in 2016.
I have every confidence that this new agreement will allow our companies to further strengthen their cooperation and, ultimately, significantly improve efficiency in developing one of our largest production assets.
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