RUSSIAN JV WORKOVERS PROLIFERATING

Well remediation is gathering momentum in Russia as more companies apply western technology to idle wells. Western petroleum technology is being widely hailed as the best way to halt the decline in crude oil production in Russia and other members of the former Soviet Union. More than 20,000 Russian wells are estimated idle, many of which observers say could be returned to service with western know-how. Progress has been outlined on two significant projects in the Komi and Chechen autonomous

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