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Petroneft expect Siberia well on line

Wednesday, September 19 17:11:39

Irish-based, Russian-focussed oil and gas prospector, PetroNeft Resources today said that its Arbuzovskoye field in Siberia should come into production at the end of September.

It said that production from its Siberian Linenoye and Arbuzovskoye fields remain steady at 2,000 barrels of oil per day.

Arbuzovskoye well 101, the first of ten planned new production wells on the Arbuzovskoye oil field, has been successfully drilled. Well completion is now underway utilising a workover rig and we expect to bring the well into production around the end of this month.

The production drilling rig has been moved and has started drilling well 102, it said.

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