Repsol, Alliance Oil Begin Gas Production from SK Field

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?

Click on the button below to add a comment.
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
Events  SUBSCRIBE TO OUR NEWSLETTER

Our Privacy Pledge
SUBSCRIBE

More from this Author
Rigzone Staff
e-mail us at news@rigzone.com
 -  Cosco Delivers 2 Jackups to Foresight ... (Aug 25)
 -  BW to Provide FSRU for Pakistan's Seco... (Aug 25)
 -  OGDCL Successfully Completed Testing o... (Aug 25)
 -  Beach Energy Completes Callawonga-12 W... (Aug 25)
 -  NPD Grants Statoil Lifetime Extension ... (Aug 25)


Most Popular Articles

From the Career Center
Jobs that may interest you
Control Room Operator
Expertise: Control Room Operations|Gas Plant Operations|Production Operator
Location: Dilley, TX
 
Supervisor, Facilities & Drafting
Expertise: Facilities Management|Graphics Design|Project Management
Location: Houston, TX
 
SR. DTA - BOP Engineering
Expertise: Subsea Engineer|Subsea Engineering|Well Control
Location: Houston
 
search for more jobs

Brent Crude Oil : $49.05/BBL 1.82%
Light Crude Oil : $46.77/BBL 2.76%
Natural Gas : $2.8/MMBtu 1.44%
Updated in last 24 hours