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ALFAMONOLIT LLC participates in the development of the Prirazlomnoye field of Rosneft Oil Company PJSC

ALFAMONOLIT LLC participates in the development of the Prirazlomnoye field of Rosneft Oil Company PJSC

ALFAMONOLIT LLC is successfully carrying out the supply of chemical reagents for well drilling at the Prirazlomnoye field, as well as chemical reagents for well casing and cementing operations. The supply of these products ensures uninterrupted execution of drilling and cementing programs at one of the largest fields within the asset base of Rosneft Oil Company PJSC.

Background information:

RN-Yuganskneftegaz LLC, a subsidiary of Rosneft Oil Company PJSC, increased oil production at one of its largest fields—Prirazlomnoye—to 9.2 million tons in 2017, which is 5.5% higher than in the previous year. In March of the current year, cumulative production at the field reached 125 million tons of oil since the start of its development in 1986.

Rosneft Oil Company PJSC is consistently implementing a program to improve production efficiency at mature fields through the introduction of advanced drilling and well construction technologies, as well as the application of a wide range of geological and technical measures. Accelerated technological development across all areas of activity is one of the key elements of Rosneft’s comprehensive development strategy through 2022. Implementation of this strategy enables Rosneft to continue maintaining global leadership in hydrocarbon production and unit production costs.

At present, the remaining recoverable reserves of the Prirazlomnoye field exceed 354 million tons, with a total area of 2,300 square kilometers. The Prirazlomnoye field accounts for approximately 14% of total production of RN-Yuganskneftegaz LLC. The producing asset base consists of 1,848 oil wells, 433 of which were drilled in the previous year.

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