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PJSC “RussNeft” resumes drilling at the Variogan block suspended due to OPEC+

20.10.2020 PRIME

PJSC “RussNeft” resumes production drilling at Variogan oil block in October, where it was suspended due to restrictions of OPEC+, the press-release of the Company says.

The statement says that PJSC “RussNeft” resumes production drilling at Variogan oil block. By the end of 2020 the company plans to put into operation 5 oil wells at Achimov deposits of Tagrinskoye field and 4 wells are after side-tracking.

Production drilling at Variogan oil block was suspended in connection with production restrictions under OPEC+ deal.

It is also reported that  PJSC “RussNeft” plans to put into operation 24 new wells and 12 wells after side-tracking. Implementation of these activities will secure the Company’s output increase in the amount of 195 923 k tons.  

RussNeft concludes that these steps will allow to flatten out the levels of production at the Block in 2020 and solid growth of production indicators in 2021.

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