Krasnodarneftegaz Achieves Promising Oil Flows

Last week, at the Chumakovskaya site in the south of the Slavyansko-Temryuk petroleum zone, Rosneft-Krasnodarneftegaz, at a depth of 3,500 meters, achieved a promising flow of clean, dry crude oil.

Krasnodarneftegaz started exploration works in the license area, to the north of which lies the Sladkovsko-Morozovsky block, at the start of this year. This is a completely new section with an area of some 800 km.

The previous day, the Chumakovskaya well obtained a conclusion from the geophysical services on the presence of oil-saturated sandstone stratum. The results of tests conducted last Friday confirmed this forecast: a stable oil flow was obtained with an anticipated flow rate of up to 450 tons a day at a reservoir pressure of approximately 600 atm. The well's potential productivity will soon be determined and reserves calculated.

Representatives of Krasnodarneftegaz are confident that the Chumakovskaya site will become a springboard for future successful exploration works in the Slavyansko-Temryuk license area. Oil reserves comprise 6.3 million tons of oil, with 3.5 million tons produced.


Our Privacy Pledge

Most Popular Articles

From the Career Center
Jobs that may interest you
Enterprise Architecture - Utility
Expertise: Asset Management|IT - Software Development
Location: Houston, TX
Senior Geotechnical Engineer
Expertise: Geoscience Technician|Geotechnical Engineer
Location: Bothell, WA
Environmental Geologist
Expertise: Chemical Engineering|Geologist
Location: Tacoma, WA
search for more jobs

Brent Crude Oil : $51.49/BBL 1.02%
Light Crude Oil : $49.04/BBL 0.59%
Natural Gas : $2.97/MMBtu 1.71%
Updated in last 24 hours