2016 April 13 13:00

More than 70 oil tankers to be shipped from the Prirazlomnoye oilfield in 2016-17

More than 70 oil tankers to be shipped from the Prirazlomnoye oilfield in 2016-17, IAA PortNews correspondent cites Aleksei Fadeyev, Head of Production Support Directorate at Gazpromneft Sakhalin, as saying at the 6th international conference “Logistics in the Arctic” in Murmansk. Aleksei Fadeyev says production at the Prirazlomnoye is to exceed 5 mln t over the mentioned period. 

Initially discovered in 1989, the Prirazlomnoye oilfield is located in the Pechora Sea, 60 kilometres from the shore. Recoverable reserves are in the order of 70 million tonnes. Its development has required the installation of a the “Prirazlomnaya” offshore rig, designed for use in the most extreme climatic and environmental conditions, fully compliant with the latest safety standards, and able to withstand maximum ice-loads.

Prirazlomnoye is the only project on the Russian Arctic Shelf at which commercial oil production is currently ongoing. Active development of the project commenced in mid‑2013 with the drilling of the first well in the summer of that year, and the Prirazlomnaya ice-resistant offshore rig commencing production in December 2013. This new Russian oil has been named “Arctic Oil (ARCO)”, with the first consignments from Prirazlomnoye commencing in April 2014.

Related link:
Oil production at Prirazlomnoye oilfield up 2.5 times, y-o-y, to over 800,000 t in 2015 (photo)>>>>