TNK-BP sees Verknechonskoye plateau in 2014

Jan. 15, 2013
TNK-BP will focus development work at supergiant Verkhnechonskoye oil and condensate field in the northern Irkutsk region of Russia on expanding capacity of the oil treatment unit to 7.5 million tonnes/year and building a third train of the power park and other infrastructure.

TNK-BP will focus development work at supergiant Verkhnechonskoye oil and condensate field in the northern Irkutsk region of Russia on expanding capacity of the oil treatment unit to 7.5 million tonnes/year and building a third train of the power park and other infrastructure (OGJ Online, Sept. 4, 2012).

TNK-BP said completion of the work will allow production to reach its plateau rate of 7.8 million tonnes/year in 2014.

The field is a major supplier of crude oil to the East-Siberia-Pacific Ocean pipeline system. TNK-BP said early estimates indicate production increased 40% last year to more than 7 billion tonnes.