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"RussNeft" began development of production infrastructure of Mokhtik oilfield.

07.09.2009 "Interfax"

Khanty-Mansiysk. OJSC Oil and Gas Company "RussNeft (RTS: RUSN) began to realize a program on development of production infrastructure of Mokhtik oilfield in Khanty-Mansiysk Autonomous District - Yugra, it is said in the report of press-service of the Company.

Under this program ОАО МPК «Aganneftegazgeologia» (the subsidiary enterprise of OJSC Oil and Gas Company «RussNeft») carries out active industrial construction of this license area. A considerable amount of work is carried out in the central production facility (CPF).  Gathering pressure pipeline «CPF Mokhtik - CPF Yermakovskiy», which is 47km in length, crude oil delivery and acceptance point at CPF of Yermakovskiy oilfield, oil custody metering station № 586 are close to the end of construction.

Commissioning of these facilities will allow «Aganneftegazgeologia» to optimize oil transport scheme and to reduce expenditures connected with the treatment and transportation of hydrocarbon materials to the long-distance pipeline.
Works on development of engineering infrastructure of Mokhtik oilfield will continue in the course of the year 2009. At the moment there’s carried out reconstruction of CPF and construction of stand-up reservoir-3000.  There was set up infrastructure development of cluster sites № 5 and № 7, it’s planned to reconstruct the road from the highway to the oilfield.
OAO МPК «Aganneftegazgeologia», the subsidiary enterprise of OJSC Oil and Gas Company “RussNeft”, performs the development of Mokhtik oilfield. The oilfield has been exploited since 1993,   Месторождение эксплуатируется с 1993 года, its net effective pay of oil exceed 6 million tons. The performance stock of Mokhtik oilfield numbers 46 wells, 5 of them have been put into operation in 2009. Oil output in this area is constantly increasing and according to the results of January – June 2009 reached 231 thousand  530 tons, that is by 77 thousand more than it was in the same period last year.
In August the average daily production of hydrocarbons at Mokhtik oilfield reached 1 600 tons, that exceeds the planned performance by more than 30 percentage.

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