
Verkhnechonskneftegaz Has Selected Unique Technologies for the Development of Reserves of the Preobrazhensky Horizon
The Verkhnechonskneftegaz company (part of Rosneft) has begun full-scale development of the Preobrazhensky horizon at the Verkhnechonskoye oil and gas condensate field. Additional production at the field will amount to 4 million tons of oil due to the drilling and reconstruction of more than 200 wells. The Company’s specialists have …

Verkhnechonskneftegaz Pumped 2.5 bcm of Associated Petroleum Gas into Underground Storage
The Verkhnechonskneftegaz company, which is part of the oil and gas production complex of NK Rosneft, has injected 2.5 billion m3 of associated petroleum gas (APG) into the underground gas storage since the start of the program for its rational use. The gas storage facility was commissioned in 2019. The development …

Verkhnechonskneftegaz has Introduced Technology for the Rational Use of APG at the Severo-Danilovskoye Field
The Verkhnechonskneftegaz company, which is part of the oil and gas production complex of NK Rosneft, at the first stage of the development of the Severo-Danilovskoye field, introduced a technology for the rational use of associated petroleum gas (APG) for power generation. For this, a 4 MW mobile power center was …

Rosneft Started Developing Hard-to-Recover Reserves from the Preobrazhensky Horizon
The Verkhnechonskneftegaz company, which is part of the oil and gas production complex of NK Rosneft, has begun pilot work to develop hard-to-recover reserves of the Preobrazhensky horizon at the Verkhnechonskoye oil and gas condensate field. The cycle of hydrodynamic and geophysical studies to assess the production potential of the reservoir …

Verkhnechonskneftegaz to Produce Additional 221 Thousand Tonnes of Oil Due to Introduction of Enhanced Oil Recovery Method
Experts of Verkhnechonskneftegaz JSC, a subsidiary of Rosneft Oil Company, have successfully implemented a physical and chemical method of enhanced oil recovery and achieved a 54% increase in additional oil production using this technology in 2018 compared to 2017. The method feature is to redistribute the volume of injected water …

Representatives of Leading Investment Companies Visit Rosneft Production Facilities in Eastern Siberia
Representatives of leading investment companies visited the production facilities of Rosneft Oil Company in Eastern Siberia. The event was attended by more than 30 analysts from global investment banks (including Bank of America Merrill Lynch, Morgan Stanley, Goldman Sachs, UBS, Credit Suisse, JP Morgan) and portfolio managers from investment funds …

VCNG: Proppant Optimisation in the Low Temperature Verkhnaya-Chona Field
This article discusses the initial results of the low-temperature proppant chemical consolidation technology testing after fracking at low temperatures in the Verkh-nechonsky field of Verkhnechonskneftegaz. The tests showed the following effects: a decrease in proppant backflow during completion and operation of the well; increase in ESP time between failures; decrease …

Rosneft: Sells 20% of Verkhnechonskneftegaz to the Beijing Gas Group Company for $1.1bn
Rosneft and Beijing Gas Group Company Limited (hereinafter, “Beijing Gas”) signed a Purchase and Sale Agreement and a Shareholder and Operating Agreement for the sale of a 20% stake in Verkhnechonskneftegaz (a Rosneft subsidiary) to the Chinese company, an Agreement on the Area of Mutual Interest in respect of the …
Rosneft Launched Pilot Operations at the Severo-Danilovskoe Oil and Gas Condensate Field
Rosneft launched pilot operation at the Severo-Danilovskoe field located within the Danilovsky license area in the north of Irkutsk Region. The field is operated by public joint-stock company Verkhnechonskneftegaz, part of the Rosneft Group. The pilot operation phase will last three years during which three wells will be flow-tested. At …
Rosneft Acquired Commercial Inflows of Hydrocarbons on the Licensed Blocks of Irkutsk Region
Commercial inflows of oil, gas and condensate have been acquired in four exploration wells on Rosneft’s licensed blocks, which were handed over to Verkhnechonskneftegaz for operational activities on geologic survey, exploration and production of hydrocarbon crude. According to the results of drilling and probes, maximum rates totaled up to 60 …