Finance & Investing
News Services
Newsletters
Get free industry updates via email.
Daily News
Weekly News
Equipment Updates
Weekly Job Register
Monthly Event Guide
Our privacy
pledge.


advertisement

Repsol, Alliance Oil Begin Gas Production from SK Field

change text size

Repsol reported Thursday that it and its partner Alliance Oil have begun commercial gas production from the Syskonsyninskoye (SK) field in the Khanty-Mansiysk region of Russia. The firm said that the production start-up marks the first success of the A&R Oil and Gas (AROG) joint venture that the two companies established to explore and produce for hydrocarbons in Russia.

Repsol stated that initial gas production amounted to 5,350 barrels of oil equivalent per day (boepd) and that the gas is being delivered to the Gazprom transportation network. To date, five production wells have been drilled and three of these have been put into operation.

The company expects six more wells to be drilled on five locations by early 2014 as the joint venture further develops the field during the coming year.

AROG's total output now stands at 25,000 boepd, while its proven and probable reserves amount to 218 million barrels of oil equivalent.

"The first successful start-up through AROG is especially satisfying for us as we contribute to unlock the great potential of an area which will continue to supply large volumes of gas to the domestic market in coming years," commented Fernando Martinez Fresneda, the general manager for Repsol Russia, in a company statement.



Have a news tip? Share it with Rigzone!
Email news@rigzone.com

WHAT DO YOU THINK?

Post a Comment Generated by readers, the comments included herein do not reflect the views and opinions of Rigzone. All comments are subject to editorial review. Off-topic, inappropriate or insulting comments will be removed.

Related Companies

More from this Author
Rigzone Staff
e-mail us at news@rigzone.com
 -  CNOOC Commences Oil Production at Pany... (Aug 1)
 -  Seabird Gets Letter of Award for 2D Se... (Aug 1)
 -  TGS Boosts Order Book with New Seismic... (Jul 31)
 -  President Takes 100% Ownership of Pues... (Jul 30)
 -  IWCF Launches Online Well Life Cycle C... (Jul 30)
Most Popular Articles
From the Career Center
Jobs that may interest you
Senior Reservoir Engineer
Expertise: Reservoir Engineering
Location: Houston, TX
 
Equipment Operator (TRS)
Expertise: Production Operator
Location: Longmont, CO
 
Field Engineer Junior
Expertise: Field Development
Location: Vernal, UT
 
search for more jobs