ITERA Oil and Gas Company has put into commercial operation Beregovoye Field in the northeast of Purovski District of Yamalo-Nenets Autonomous District.
The field was discovered in 1982. Its gas reserves make 324.211 billion cubic meters, gas condensate and oil reserves amount to 0.991 and 9.035 million tons respectively. The field was named after geologist Vladimir Mikhailovich Beregovoi.
This year already about 2.4 billion cubic meters of “blue fuel” will be delivered from Beregovoye gas field to Russian gas mains. Working at its design capacity the field will be replenishing Russian gas balance by 11 billion cubic meters of natural gas every year.
OAO Sibneftegaz, a subsidiary of ITERA, is developing Beregovoye Field.
Natural gas production and conditioning starting complex and basic auxiliary units of the gas field of Beregovoye deposit were put into service in less than a year. To date 10 gas wells have been drilled, gas complex treatment unit with 12 billion cubic meters capacity has been built, 32 kilometers long gas pipeline has been laid out connecting Beregovoye with the Zapolyarnoye – Urengoi Gas Main, power lines and access roads have been completed.
ITERA has already invested more than US$150 million into field development and construction. The total of investments required for Beregovoye development will make US$360 million.
The field is being constructed pursuant to strict requirements for preservation of unique nature of Yamalo-Nenets Autonomous District, applying modern gas recovery technologies.
Beregovoye is the third hydrocarbons’ field ITERA put into commercial operation in Yamalo-Nenets Autonomous District. Altogether there are seven successfully implemented gas production projects in the company’s track record. Six fields are being developed by ITERA in the north of Russia. One more gas production project is underway in Irkutsk Region.
In 2003 about 30 billion cubic meters of “blue fuel” will be delivered to gas mains of Russia from the fields on Yamal developed with participation of ITERA. In five years ITERA plans to increase its annual output to 50 billion cubic meters of natural gas.
ITERA Oil and Gas Company
Tel.: (495) 411-8631