Rosneft discovers hydrocarbon deposits on Eastern Arctic shelf

Posted On June 19th, 2017 - 1:44 pm | by Oil and gas press

Rosneft is performing the drilling of the northernmost exploratory well on the Eastern Arctic shelf following a comprehensive geological study. During the drilling of the Tsentralno-Olginskaya-1 well from the shore of the Khara-Tumus Peninsula on the shelf of the Khatanga Bay of the Laptev Sea, three core samples were taken from depths of 2305 to 2363 m, which showed high oil saturation dominated with light oily fractions.

On the basis of primary studies already, it can be concluded that a new oil field has been discovered, the volume of the resource potential of which is increasing as the drilling continues. Core sampling continues at the moment.

Hydrocarbon saturation of the core samples proves the geological model developed by Rosneft experts. The obtained result of the drilling at the Khatanga licenced area allows Rosneft to be considered a pioneer of deposit discoveries on the Eastern Arctic shelf.

The Company was awarded the licence for Khatanga development in November 2015. Gathering and set-up of drilling equipment were carried out in the shortest time possible owing to harsh weather conditions. On April 3, at the Russian president Vladimir Putin’s command Rosneft embarked on drilling of the Tsentralno-Olginskaya-1 well.

The significance of Rosneft project was emphasised by the Russian president during a video conference on the drilling start. «In fact, work on the whole petroleum province has been started, which, even according to preliminary data, contains millions of tons of oil equivalent. Horizontal drilling is a complex and high-tech operation. This is just the first well. There is much more work ahead. I would like to wish you good luck and I hope for this undertaking’s success» – the President of Russia said.

Source / More: Rosneft

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