Lukoil starts gas flow at Nakhodkinskoye field

By OGJ editors
HOUSTON, May 11 -- OAO Lukoil started gas production from Nakhodkinskoye field in northern Tyumen's Yamal-Nenets Autonomous District.

Nakhodkinskoye is in the Bolshekhetskaya basin across Tazovskaya Bay east of Yamburg. Lukoil gave the field's reserves as 8.8 tcf of gas and 65 million bbl of condensate.

Lukoil has completed 22 of 31 production wells drilled to a formation of Cenomanian age and finished a complex gas treatment unit, electric power generating system, and hard drilling and waste disposal site.

Gazprom will buy the gas at a metering point near the Yamburg compressor station at the end of a 117.5 km pipeline from the field. The pipeline crosses a new 22 km bridge over the bay. The field is to produce 388 MMcf of gas in 2005-06 and reach capacity of 350 bcf/year in 2007.

Lukoil plans to commission other fields in the basin in 2007-11, bringing peak production to 880 bcf/year of gas and 15 million bbl of condensate in 2012. Total project cost is estimated at 150 billion rubles, including the 12.2 billion spent at Nakhodkinskoye through Jan. 1, 2005.

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