Source Pravda.Ru

Sibneft Opens New Pipeline To Link Krapivinskoye Field To Transneft Network

Sibneft has completed the construction and testing of a crude pipeline linking the southwest portion of the Krapivinskoye field in the Omsk region with the Transneft pipeline network. The fifty eight kilometre pipeline has a capacity of 36,000 barrels (5,000 tonnes) per day. The Krapivinskoye field is located about four hundred kilometres from Sibneft’s Omsk refinery.

Construction of the pipeline began in January 2002, and the company plans to begin pumping oil through the new line in June, following the completion of work on the field’s infrastructure. Production from the field is currently being delivered to the Omsk refinery by road.

Additional exploration work has raised the field’s recoverable reserves to seventy two million barrels (10 million tones) from 62 million barrels (8.6 million tones) previously. Sibneft has drilled three exploration wells and four production wells at the field. Output from Krapivinskoye is this year expected to total 2,250 barrels per day (114,000 tonnes), rising to a peak of 20,000 barrels per day (1 million tonnes) in 2005.

Development of the Krapivinskoye field is part of Sibneft’s strategy to expand production beyond its home base in Noyabrsk. “The company succeeded in launching production within a year of commencing development of the field,” said Sibneft president Eugene Shvidler. “This pipeline will enable us to continue increasing production in the Omsk region.”

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