Morgunovskoe development begins in Russia

OJSC Orenburgneft, a unit of TNK-BP Group, plans to drill 13 wells by yearend in a development program starting up of Morgunovskoe oil field in the Buzulukskiye license area in the Orenburg region of Russia.

TNK-BP plans a 3-year pilot production project at the field, which was discovered in 2010 and now has eight exploration wells. Commercial operations are expected to begin in 2016, when 54 development wells will have been drilled.

The field is expected to produce 650,000 tonnes/year of crude oil.

TNK-BP estimates Morgunovskoe reserves at 12.846 million tonnes with a preliminary estimate of an additional 2.561 million tonnes.

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