Production in the catastrophe field is now to restart and the OOO SN Invest is the company to lead the project. SN Invest is a company belonging to the Altek group.
Viacheslav Pershukov, head of the Industrial Investment Section under the gas and oil programme within OOO Altek says environmental actions in the area alone will cost over 1 billion RUB.
The technical expenditures are estimated as follows: drilling – 1.9 billion RUB, landscaping of the field – over 10.6 billion RUB, construction of the gas chemical facility – 62.6 million RUB (the maximum output of liquid hydrocarbons will be 2.5 mln. tons). The developer estimates the payoff period at 7 years and the total tax revenue for the state at over 469. 4 billion RUB.
The project of field development will be implemented in several periods, i.e. the drafting of the environmental programme - 2008-2009; research and evaluation activities at the field - 2008-2016; recovery activities after a disaster at the borehole - 2008-2012; programme of the exploration and landscaping of the field - -2020; the programme of ecological support during the whole period of construction works both on and underneath the surface in 2008-2020; construction of the gas chemical facility in accordance with the periods of commission periods in 2008-2013. The total period of project development will be 34 years.
There are 23 wells planned for the field. The estimated rate of annual extraction is 5.6 million cubic meters of gas and 261 000 tons of condensate. The overall rate of extraction is set at 93.2 million cubic meters of gas and 3,4 million tons of condensate.
