Semakovskoye gas field : Gazprom, RusGazDobycha take FID

TAGS

Gazprom and have taken a final investment decision (FID) on the development of the Semakovskoye gas field in the Autonomous Area in Russia.

The Semakovskoye field is spread in the waters of Taz Bay with a part of it on land in the . Classified as a large gas field, Semakovskoye’s recoverable gas reserves are said to be over 320 billion cubic meters.

RusGazAlyans, which was set up on a parity basis by the Group and RusGazDobycha, is the operator of the Semakovskoye gas project. During the preparatory stage, it executed a set of design and survey works, carried out design documentation, and secured permits from governmental authorities to begin construction and installation operations under the first stage of field pre-development on land.

See also  Ukraine fires British missiles into Russia in game-changing escalation

The configuration of the Semakovskoye gas field development project is said to be defined fully, including the priorities for the construction and commissioning of production and transmission facilities, the procedure for recording and buying extracted gas, and the ongoing efforts for drawing project financing from Russian credit organizations, said Gazprom.

Gazprom, RusGazDobycha take FID on Semakovskoye gas field

Gazprom, RusGazDobycha take FID on Semakovskoye gas field. Image courtesy of IGORN from Pixabay.

RusGazAlyans, as part of the first stage of pre-development, began development drilling at the Semakovskoye gas field. It has also begun construction for the first horizontal development well with a vertical deviation of over 2,000 meters. Designed to have a measured depth of nearly 2,700 meters, the well has a vertical depth of 830 meters.

See also  Secrets and scandals: Ukraine's military faces a cleanup storm

The well’s construction, which includes geological studies, is likely to be wrapped up by the end of this month. RusGazAlyans is expected to complete the construction of the first six development wells by no later than the first quarter of next year.

Additionally, motorways and sites for production facilities are being constructed at the Semakovskoye gas field, and logistical resources are being deployed to the area.

See also  SIMEC Atlantis Energy secures four CfD contracts, bolsters MeyGen Site with £198/MWh

As per the schedule of the Semakovskoye gas project, the active phase of construction and installation is going to start in the second half of this year.

Gazprom expects to begin commercial production at the Semakovskoye gas field in 2022 with 19 wells to be built there by then. The extracted gas from the Semakovskoye field will be fed into Gazprom’s gas transmission system.


Discover more from Business-News-Today.com

Subscribe to get the latest posts sent to your email.

CATEGORIES
TAGS
Share This