Pipelines & Transport News By Continents

Gazprom Neft produces millionth bbl from Prirazlomnoye field

JSC Gazprom Neft reports producing the millionth bbl of oil from the Prirazlomnoye field in the Pechora Sea, 60 km offshore in the Russian Arctic shelf.

Production began in December 2013, and the first delivery of oil by tanker to the global market occurred in April (OGJ Online, Apr. 21, 2014). The company said a second tanker is being loaded for consumers in northwestern Europe, and two additional shipments are expected by yearend, which would bring the total to 2.2 million bbl.

“Gazprom Neft is the first company to extract oil on Russia’s Arctic shelf,” said Alexander Dyukov, chairman of the company’s management board. He said the production milestone is “further proof of the consistent development of the project and its final transition into full-scale development.”

The Prirazlomnoye platform has one production well. An injection well is being drilled. The project will involve 19 production wells, 16 injection wells, and one absorption well.

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