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Chenomorneftegaz to produce over 5 bn c m of gas a day at sea by 2014

April 01, 2013, 20:23 UTC+3
The company is planning to increase gas production in offshore areas by 40 percent in 2013 to 1.649 billion cubic metres
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KIEV, April 1 (Itar-Tass) - The Simferopol-based company Chernomorneftegaz intends to increase daily natural gas production at offshore fields in the Black Sea and the Sea of Azov from the current level of 4 billion cubic metres to 5 billion cubic metres in 2014.

The company will use high-tech floating drilling rigs to this end. Two of them have finished drilling two exploratory wells at the offshore Shtormovoye gas condensate field. One of them will be transferred to another field and the other one will undergo scheduled repairs.

The company is planning to increase gas production in offshore areas by 40 percent in 2013 to 1.649 billion cubic metres.

In the first two months of this year, Chernomorneftegaz produced 227 million cubic metres of gas, an increase of 31.7 percent (54 million cubic metres) from the same period of 2012.

 

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