Facilities construction at the Yarudeyskoe oil field

   On December 1st, 2015 OAO NOVATEK launched commercial production at the Yarudeyskoe oil field. JSC “Trust Koksokhimmontazh” have taken a significant part in the facilities construction at the field.
   In order to comply with the scheduled time of construction set by OAO NOVATEK JSC “Trust KXM” provided for the assembly and testing of more than 3.5 th tons of process pipelines, laid more than 800 km of electrical cables, performed the site improvement during the short north summer.
   More than 1,500 workers and engineers were involved a the facility during the peak of the construction. Well-coordinated work of highly experienced teams of the Client and JSC “Trust Koksokhimmontazh” facilitated the accomplishment of the works within the set time.
It is planned that within the nearest months the Yarudeyskoe oil field will reach the planned production level of approximately 3.5 mln tons per year.
   Mr Leonid Mikhelson, Chairman of Management Board: “During the past three years we have been rapidly increasing the production of liquid hydrocarbons, and the launch of the Yarudeyskoe oil field will help us preserve double-digit increase rate next year, and will exert powerful positive influence on our free cash flow. High quality of the field resources and application of up-to-date technologies for well drilling and completion ensured record high flow rates and low specific expenses for exploration and production.