Belorusneft to develop oil-gas condensate field on Russia's Yamal Peninsula

Jun 01, 2015 12:00 AM

The Belarusian state-owned oil company Belorusneft will take part in the development of the East-Tarkosalinskoye oil-gas condensate field, which is located on the Yamal Peninsula, Russia, the press service of the company told.

The agreement was reached during a business meeting between specialists of Belorusneft's division specializing in increasing oil recovery and repairing wells and representatives of the group of companies Investgeoservice. The field will be developed for OOO Novatek-Tarkosaleneftegaz. The Belarusian company may be asked to provide directional drilling services.

The project will allow Belorusneft to expand its presence in Western Siberia. Several years ago the Belarusian company set up OOO Belorusneft Siberia in the region to provide current repairs and major overhauls of wells and drill lateral holes for companies like RN-Purneftegaz, Gazpromneft-Muravlenko, Gazpromneft-NNG, Gazprom Dobycha Urengoy and other ones. OOO Belorusneft Siberia has its own automobile fleet of over 200 vehicles, a repair base in the town of Gubkinsky, auxiliary bases in the towns of Muravlenko and Tarko-Sale, and a manufacturing base in the town of Noyabrsk.

The East-Tarkosalinskoye oil-gas condensate field was discovered in 1971. Oil has been extracted since 1994. Gas extraction began in 1998 while condensate extraction began in 2001. It is a major field. Its industrial development degree is classified as producing field.

The Belarusian industrial group Belorusneft was founded in 1966. The company specializes in the surveying, prospecting and development of oil fields, well drilling, oil and associated petroleum gas extraction in Belarus and a number of other countries, including Russia, Ukraine, Venezuela, and Ecuador.

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