Geoilbent begins oil production from Western Siberian block

July 30, 2001
Geoilbent has began production from its first development well in South Tarasovskoye field in Western Siberia, said Benton Oil & Gas Co., Houston, which owns 34% of Russian company Geoilbent. The well was drilled to 9,535 ft TD and found a 365-ft gross oil column in multiple productive intervals.


By the OGJ Online Staff

HOUSTON, July 30 -- Geoilbent has began production from its first development well in South Tarasovskoye field in Western Siberia, said Benton Oil & Gas Co., Houston, which owns 34% of Russian company Geoilbent.

The first discovery and production of oil from South Tarasovskoye field came from adjacent Purneftegas acreage in May.

Geoilbent's well was drilled to 9,535 ft TD and found a 365-ft gross oil column in multiple productive intervals. It is producing 1,000 b/d of 40°-gravity oil with no water.

This is the first production from Urabor Yakhinsky block, in which Geoilbent owns 100%, said Benton. Two more rigs are now drilling development wells in the block to accelerate production.

Geoilbent is also drilling an appraisal well 2 km west of the first well.