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