Rosneft has drilled a record well in Venezuela

Rosneft has drilled a record well in Venezuela


To improve the manufacturability of field development is a priority long-term development strategy segment exploration and production Rosneft.

MOSCOW, 9 Oct. “Rosneft” in the joint venture “Petroliana” (JV with PDVSA and JSC “Gazprom Neft”) drilled on the project Junin-6 in Venezuela, a record horizontal well GG1-14 total length of 1847 meters, a unique feature which is the low depth of the productive layer is about 347 meters, according to a press release from the company.

“Never before have experts on projects in Venezuela, failed to achieve similar drilling results from the application of standard vertical drilling rig. The uniqueness of the borehole GG1-14 is also the exact transaction in the wellbore in the productive interval, with continuous monitoring of borehole trajectory. The achievement of this result became possible thanks to application of advanced drilling technology using a Rotary steerable System. It was introduced at the project Junin-6 with the support of specialists of “Rosneft” in Venezuela”, — stated in the message.

As noted in the company, to improve the manufacturability of field development is a priority long-term development strategy segment exploration and production Rosneft. This will allow economically feasible to maintain stable production levels in Mature fields and increase production in new facilities.

“Drilling such shallow wells opens new prospects of development of the hydrocarbon belt of the Orinoco river in Venezuela. According to the geological analysis conducted by experts of Rosneft and PDVSA, significant oil reserves are located in reservoirs located in shallow water. The company intends to continue to increase the use of advanced technologies that will allow us to build more effective wells and, thereby, engage in the development of significant hydrocarbon reserves”, — stated in a press release.