Production Drilling Underway at the Kholmstoye Oil Field

First oil is expected to be produced at the Kholmistoye oil field (Yamalo-Nenets Autonomous District) in late June as production drilling was launched here by Service Drilling Company in mid-April.

Seven oil wells are planned for development at the field of which two wells will be horizontal and the rest – slant directed. At present a horizontal well is drilled with a projected depth of 3,953 meters and a horizontal length of 750 meters. Jurassic oil reservoir is the targeted direction of drilling.