Lukoil-Perm begins Gabyshevskoye development

Lukoil-Perm has started development of Gabyshevskoye oil field in the Oktyabrsky district in the south of the Perm region. It didn't disclose drilling plans.

April 7, 2006

By OGJ editors
HOUSTON, Apr. 7 -- Lukoil-Perm has started development of Gabyshevskoye oil field in the Oktyabrsky district in the south of the Perm region. It didn't disclose drilling plans.

Lukoil-Permneft discovered the field in 1998 and has drilled four exploration and appraisal wells.
Analysis of a 1997-98 seismic survey identified three structural highs designated Gabyshevskoe, North-Gabyshevskoe, and Malo-Tartinskoe.

Oil pay is of Famennian age. The field's recoverable oil reserves are estimated at 187,000 tonnes. The field is producing 12.3 tonnes/day/well from three wells. Production is expected to peak at 20,000 tonnes/year in 2008.