Extended-reach drilling from shore to access more Chaivo reserves

Rosneft has started preparations for drilling the first exploration well into the Northern Chaivo field, part of the Sakhalin-1 project offshore eastern Russia.

Offshore staff

MOSCOW – Rosneft has started preparations for drilling the first exploration well into the Northern Chaivo field, part of the Sakhalin-1 project offshore eastern Russia.

The northern portion of theChaivo field is in the shallow-water area of the northeast Sakhalin shelf. The shore-based Yastreb rig will drill the well as part of the second phase of the Sakhalin-1 development of the Chaivo, Odoptu, and Arkutun-Dagi fields.

Rosneft and partner ExxonMobil plan to recover 14 million tons of oil and 12.6 MMcm (400 MMcf) of gas from the Northern Chaivo project, with total capex of 119.7 billion rubles ($3.5 billion).

05/19/2014

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