TATNEFT, Gazprom Neft & Zarubezhneft Have Created a Consortium to Study the Carbonate Deposits

Source: www.gulfoilandgas.com 11/23/2017, Location: Asia

TATNEFT, Gazprom Neft and Zarubezhneft have signed a cooperation memorandum on in the field of development competencies required for the implementation of exceptionally challenging projects for the development of carbonate reservoirs.

Rais Khisamov, Deputy General Director - Chief Geologist of TATNEFT, Alexander Dyukov, Chairman of the Board of Gazprom Neft, and Sergey Kudryashov, General Director of Zarubezhneft, have signed the document that defines the principles and directions of joint work.

Cooperation of the country’s leading oil companies will be aimed at obtaining new knowledge in the area of predicting, prospecting and exploration, development and oil recovery enhancement of the carbonate reservoirs.

The potential opportunities scope for joint activities will include the entire cycle of creating new technologies for working with the carbonate reservoirs: from research/ development to implementation and replication.

Important directions in the formation of the knowledge accumulation system will be joint seminars and conferences, as well as information exchange on the results of the technologies introduction. The consortium work will be coordinated by the Technical Council, which will include two representatives from each company. The Memorandum will remain valid until 2030.

To improve the development system for oil fields with different types of reservoirs, TATNEFT professionals have developed a suite of technologies that allow increasing the oil recovery factor, increasing the development coverage area through the optimal horizontal wells positioning, increasing the field depletion rate through increased oil production rates of the wells; lowering the water cut of the wells’ production; increasing the development coverage area through the production of oil reserves.

Combining the technological and scientific potential of TATNEFT with the experience of domestic oil companies will allow increasing the efficiency of developing hard-to-recover reserves concentrated in the carbonate reservoirs possessing low permeability, complexstrata structure, and high viscosity of oil.


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Related Articles: Accounting, Statistics  Acquisitions and Divestitures  Asset Portfolio Management  Economics/Financial Analysis  General  Industrial Development  Insurance  Investment  Mergers and Acquisitions  Risk Management 


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