Haliburton to Provide Solutions for Accessing Tight Oil Reserves in Russia
Halliburt on announced that TNK-BP selected the company to provide services to increase production from the tight oil reserves in the Em-Yoga license area of Russia’s Krasnoleninskoe oil and gas field in Nyagan, Western Siberia.
The two-year contract calls for Halliburton to provide project management, well construction and completion services including directional drilling, logging-while-drilling, fluids, bits, cementing, completion tools, coiled tubing and multistage fracturing stimulation services for multiple wells in Nyagan. Halliburton said in its press release that it will initially mobilize from its Nizhnevartovsk base in Western Siberia. If the field is developed further, it intends to establish a base and other facilities in the area.
“TNK-BP is pursuing integrated development projects jointly with leading oil-field services companies such as Halliburton in order to bring new technology to the development of tight oil reserves in our difficult fields,” said Oleg Mikhailov, TNK-BP’s vice president, Operations and Asset Management. “The project in the Krasnoleninskoe field is an element of the Challenged Reserves strategy launched by TNK-BP in 2012.”
Halliburton says it is increasing its presence in the country by working with local and national companies and institutions to discover new ways of developing and producing oil and gas assets.
Halliburton has had a presence in Russia since 1992 and employs more than 2000 people there. TNK-BP is a leading Russian oil company and is among the top 10 privately owned oil companies in the world in terms of crude oil production.The company was formed in 2003 as a result of the merger of BP’s Russian oil and gas assets and the oil and gas assets of Alfa, Access/Renova group (AAR).
In related news, the Hellenic Shipping News reported on the Russian Challenged Reserves program, which appears aimed at using unconventional techniques such as fracking to increase Russian oil output. “TNK-BP, together with key suppliers and contractors, is implementing new approaches to cooperation to increase the efficiency of innovative challenged oil reserves development projects in West Siberia…. About130 multistage frack jobs will be carried out till the end of the year; horizontal wells are also being drilled in the Samotlor, Severo-Khokhryakovskoe and Van-Yoganskoe fields.”
RigZone (10/26) earlier reported that TNK-BP and Schlumberger signed a contract to jointly implement a pilot project to develop hard-to-recover hydrocarbon reserves in the Severo-Khokhryakovskoe field in the West Siberia, using unconventional techniques.