commissioning ceremony of the Nakhodkinskoye
Cenomanian gas deposit took place today in the Yamalo-Nenetsky Autonomous
District. License for the field development is held by LUKOIL-Western Siberia
(100% subsidiary of LUKOIL).
Nakhodkinskoye field gas reserves are more than 250 bcm under
Categories C1+C2 and the oil reserves are about 9 million tons under Category
production wells have been drilled in the field so far, and 22 out of them are
completed. Construction of the complex gas treatment unit, power generating
system, hard drilling and domestic wastes disposal site has been completed.
117.5 km gas pipeline has been installed to connect the field to the
Yamburgskaya main compressor station including a 22 km bridge over the
Tazovskaya bay. Capital investments in the field development were 12.2 billion
rubles by January 1, 2005.
output at the Nakhodkinskoye field is estimated to be around 11 bcm in 2005-2006
and the field’s planned production capacity of 10 bcm per year will be achieved
to agreements between LUKOIL and Gazprom, all gas produced at the Nakhodkinskoye
field will be acquired in the initial period by Gazprom at a metering station
near the Yamburgskaya gas compression station.
of the other fields of the Bolshekhetskaya Basin is scheduled for 2007-2011.
Overall investments into the field development are estimated to amount to 150
billion rubles. Maximum production output which is 25 bcm of gas and up to 2
million tons of gas condensate is estimated to be achieved in
of the Bolshekhetskaya Basin fields is a priority of the LUKOIL gas business
progress strategy. In accordance with the Company’s Strategic development
program for 2005-2014, the gas production will rise from 8 bcm to 50 bcm during
that period and its share in the hydrocarbons overall production will go up from
8% to 30%.
view the gas business development as one of the preconditions for a stable
development of our company in the long-term perspective”, Vagit Alekperov, the
President of LUKOIL, said.