Novatek increases Kharbeyskoye field reserves

PAO Novatek is targeting Jurassic with exploration wells Nos. 306 and 307 to further develop Kharbeyskoye field in the Tazovskiy district of the Yamal-Nenets autonomous region. The company’s No. 305 well has already increased reserves of natural gas, condensate, and oil, Novatek said.

The well flowed 90 cu m/day on a 10-mm choke with oil flowing from the BT12 layer. The company said its 2017 exploration program has increased Kharbeyskoye field’s reserves to 220 billion cu m of gas and more than 40 million tons of recoverable oil. Wells Nos. 306 and 307 will be tested in the near future, Novatek said.