| 1996 |
50:50 joint venture set up between Shell Salym Development B.V. and OAO NK Evikhon, establishing Salym Petroleum Development N.V. (SPD) |
| 1998 |
The licences for the Salym fields are reissued to SPD |
| 1999 |
A PSA list law is adopted by The State Duma |
| 2000-2001 |
A PSA and PSA Feasibility Study is drafted by SPD. The TsKR (Central Commission on Field Development) of the Energy Ministry review and approve the document as a basis for negotiation on PSA terms. |
| 2003 |
With the changes in the Russian PSA law, SPD make decision to proceed with the Salym Project under the tax/royalty regime. |
| 2004 April |
First drilling starts on development well in West Salym |
| 2004 August |
Exploration well drilled to the depth of 2,316 meters in Upper Salym. This indicated oil-bearing sand. |
| 2004 December |
Oil production starts from West Salym early wells, one year ahead of license agreement schedule. |
| 2005 March |
SPD awarded the Russian National Olympus prize in the category for the fuel and energy sector. |
| 2005 April |
SPD Licenses for Upper Salym and West Salym are extended toDecember 31, 2032 and December 31, 2034 respectively. |
| 2005 August |
Completion of 88km long oil export pipeline from West Salym to Yuzhny Balyk. |
| 2005 September |
SPD picked up wins in two categories of the Black Gold of Yugra Annual Competition as: “The most dynamic enterprise with oil production volume of under 1 million tonnes” and “For social and economic partnership” and became a laureate in the category “For Efficient management of subsoil.” |
| 2005 November |
West Salym brought on stream |
| 2005 December |
West Salym produces 100,000 tonnes of oil |
| 2006 April |
SPD decided to build a 45MW gas turbine power plant at West Salym to generate electricity using associated gas. |
| 2006 June |
Started drilling the first development well in Vadelyp |
| 2006 August |
The one million tonne benchmark was reached for oil produced from the Salym oilfields.
SPD finance the building of new kindergarten for 210 children in Salym village. |
| 2006 September |
SPD wins “The most dynamic enterprise with oil production volume of under 1 million tonnes” in the Black Gold of Yugra Annual Competition. |
| 2006 October |
Vadelyp brought on stream |
| 2006 December |
Total amount of oil produced from Salym oil fields reaches 2 million tonne benchmark |
| 2006 December |
Total amount of oil produced from Salym oil fields reaches 2 million tonne benchmark |
| 2007 January |
The total daily production from Salym oil fields exceeded 70,000 barrels per day production |
| 2007 July |
The 200-th well was completed by SPD
The total daily production from Salym oil fields exceeded 90,000 bbl (12,400 tons).
|
| 2007 September |
SPD won in two categories of Yugra Black Gold Competition ("The most dynamic enterprise with oil production volume of under 5 million tonnes" and "For social and economic partnership").
SPD and contractors reached 3 million man-hours without LTI (Lost Time Injury).
|
| 2007 October |
Total daily production from Salym oil fields exceeded 100,000 bopd (14,000 tonnes per day). |
| 2007 November |
SPD and contractors reached a safety milestone of 4 mln man-hours without LTI (Lost Time Injury). |
| 2007 December |
The total oil production of Salym Petroleum Development N.V in Salym fields increased more than twice compared with 2006 and made 4.26 million tons. |
