TNK-BP announces commissioning of Tyamkinskoye field, which is part of the Uvat Project in southern Tyumen region of Russia. The field production volume is planned in excess of 80,000 tons in 2010 and ca. 400,000 tons in 2011. The total production at the Uvat fields is expected to rise by more than 30% as compared to 2009 to reach ca. 4 million tons in 2010.
Tyamkinskoye Field belongs to the Central Hub of the Uvat Project that is developed by TNK-BP. Three wells have been drilled in the field by now, one more well is under construction. It is planned to construct 10 new wells by the end of 2010.
“Uvat Project production growth rates are yet another confirmation of that TNK-BP found a way to develop an entire oil province in southern Tyumen region. Tyamkinskoye will make a significant contribution to production growth because we managed to put it on stream five months earlier than planned. TNK-BP intends to continue developing Central Uvat fields, and we may possibly start developing Kosukhinskoye, where we successfully tested a well, before the end of this year “, said Sergey Brezitsky, Executive Vice President, Upstream, TNK-BP.
The fields of the Uvat Project are located in southern Tyumen region. 3P (Proved, Probable, Possible) reserves of the Uvat Project fields pursuant to PRMS methodology amount to 1.1 billions barrels. Planned capital investments amount to 7—8 billion dollars including ca. 2.5 billion dollars which are already disbursed. 2010 volume of investment in the Uvat Project will amount to ca. 500 million dollars including 100 million dollars allocated to develop the Central Uvat. Kalchinskoye field of the Western Hub of Uvat was put in commercial operation in the mid—1990s. Urnenskoe and Ust-Tegusskoe fields on the Eastern Hub were put in commercial operation in February 2009.