NOVATEK: Record Oil Flow Rate Well Completed at the Yarudeyskoye Field
PAO NOVATEK announced today, that Yargeo, NOVATEK joint venture, successfully completed well number 68 targeting the Jurassic layers at the Yarudeyskoye field, utilizing a horizontal length of 1,068 meters as part of the well construction design. Initial daily well flow rate amounted to 1,010 tons, representing the field’s best well …
Yarudeyskoye Field Produced 10 Million Tons of Crude Oil
PAO NOVATEK (“NOVATEK” and/or the “Company”) announced that cumulative production at the Yarudeyskoye field owned by the Company’s subsidiary Yargeo, reached a milestone of 10 million tons of crude oil production since the commencement of operations. The field’s commercial production commenced in December 2015, and by January 2016, the field …