Started oil production in Trebsa and Titov

The company "Bashneft-Polus" — a joint venture of ANK "Bashneft" and "Lukoil" started production in the Nenets autonomous district under the project name of Roman mining Trebsa and Anatoly Titov. 

Extraction, the volume of which to the end of 2013 will be about 300,000 tons, while the test is carried out in the mode of exploitation. Crude oil produced at the field im.Trebsa, via line (31 km) to the PPSN "Varandey" and then to the Varandey oil export terminal. In accordance with the license agreement, 42% of the extracted material will be delivered for processing at the Ufa Oil Refinery "Bashneft".

"The implementation of field development and im.Trebsa Titova fits well into the company's strategic plans to increase production of hydrocarbons in the Timan-Pechora oil and gas province and transporting them through the Varandey", — said the president of "Lukoil" Alekperov.

According to the president, "Bashneft" Alexander Corsica, creating unprecedented in terms of the necessary infrastructure supports highly qualified team and a high level of interaction with a partner — the company "Lukoil". The governor of the Nenets Autonomous Okrug Igor Fyodorov said that in the face of "Bashneft-Polyus" the county has received a new major investor and taxpayer.

Currently, "Bashneft-Polyus" continues the program of exploration work to refine the geological structure of reserves and preparing for industrial exploitation, scheduled to begin in 2016.

It is expected that by 2020, the fields will produce about 4.8 million tons of oil a year. The total investment in the project amounted to 20.4 billion rubles (excluding one-time payment for a license to 18.5 billion rubles). The total project cost is estimated at 180 billion rubles. The license for the land owned by "Bashneft. "

Like this post? Please share to your friends: