Novatek Announce Launch of second stage of Urengoyskoe field

Novatek Announce Launch of second stage of Urengoyskoe field

OAO NOVATEK (“NOVATEK” and/or the “Company”) announced today that SeverEnergia (a joint venture between NOVATEK and OAO Gazprom Neft) launched the second stage of the Urengoyskoye field (within the Samburgskiy license area) including the second train of the gas condensate de-ethanization unit. Overall capacity of the two stages of field development is approximately 13 billion cubic meters (bcm) of natural gas and more than 4.7 million tons of de-ethanized gas condensate per annum.

The wells drilled at the Urengoyskoye field target the Achimov deposits, which are characterized by relatively high depth (approximately 3,700 meters) and high share of gas condensate in the hydrocarbon flow.

Source: Chariot Oil & Gas

Oil and Gas Press

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