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2014-07-07 17:30:00

BERKUT WAS INSTALLED

BERKUT WAS INSTALLED

Rosneft and ExxonMobil, within the framework of the Sakhalin-1 Consortium, have finished transport operation on transportation and installation of a unique sea drilling platform Berkut, which has the biggest upper part in the world at Arkutun-Dagi on North East shelf of Sakhalin Island. The adjustment works will be finished in a matter of days. The upper part of the platform has travelled in hauling mode 2600 km approximately from Corean shipyard with no incidents to report.

The process of adjusting platform equipment was inspected on Monday by Rosneft President, Chairman of the Management Board Igor Sechin and Sakhalin region governor Alexander Khoroshavin.

The weight of platform (upper and lower parts) exceeds 200 thousand tons, and there are 45 wells at the platform. The Arkutun-Dagi platform will be situated at 25-km distance from the shore, at the site, where the sea depth is up to 35 meters. The drilling will be performed by means of a marine drilling rig, optimized for year-round drilling of wells in a radius of up to 7 km from the platform.

The start of exploitation at Arkutun-Dagi field is expected in December, 2014.

The Berkut platform was designed especially for working in harsh subarctic conditions and can oppose waves up to 18 meters high, the ice floe pressure up to 2 meters thick and temperature up to -44° C.

The exploitation of Arkutun-Dagi field will let to increase the total annual extraction by 4.5 mln tons.

Sakhalin-1 is the first shelf project realized in Russian Federation on PSA terms (forged in 1996).

The project includes the exploitation of three deposits – Chaivo, Odopta and Arkutun-Dagi, situated at North East shelf of Sakhalin Island in water area of Okhotsk Sea.

The exploitation of deposits is performed in several steps: the first is the exploitation of Chaivo oil deposit (started in 2005) and Odoptu field. The third step presupposes the exploitation (from 2014) of Arkutun-Dagi oil deposit. The life cycle of the project will last up to 2040-2050.

The shares of project participants:

  • Rosneft – 20%
  • ExxonMobil – 30%
  • Sodeco – 30%
  • ONGC Videsh Ltd. – 20%

rogtecmagazine.com

Tags: ROSNEFT, EXXON, BERKUT, DRILLING, RIG, OIL

Chronicle:

BERKUT WAS INSTALLED
November, 24, 09:15:00

SAUDI'S OIL FOR CHINA

BLOOMBERG - As Saudi Arabia led OPEC’s output cuts this year to shrink a global glut, it’s lost out on market share in the world’s biggest energy consumer. Russia in September retained the top Chinese supplier spot for the seventh straight month, while the kingdom was third.

BERKUT WAS INSTALLED
November, 24, 09:10:00

URALS QUALITY WILL DOWN

PLATTS - The quality of Russia's key Urals crude exports towards Europe will continue to fall next year as more of the country's low-sulfur oil flows are diverted eastward to China, Russian national oil pipeline operator Transneft warned.

BERKUT WAS INSTALLED
November, 24, 09:05:00

S.KOREA'S SOLAR UP

FT - OCI — the world’s third-largest polysilicon maker by capacity and South Korea’s biggest — this month reported a 3,373 per cent increase in operating profit to Won78.7bn ($72m) for the July-September quarter, its best performance in five years. Rival Hanwha Chemical saw third-quarter net profit jump 25 per cent to a record Won252bn. 

BERKUT WAS INSTALLED
November, 24, 09:00:00

U.S. RIGS UP 8 TO 923

U.S. Rig Count is up 330 rigs from last year's count of 593, with oil rigs up 273, gas rigs up 58, and miscellaneous rigs down 1 to 0. Canada Rig Count is up 41 rigs from last year's count of 174, with oil rigs up 13, gas rigs up 30, and miscellaneous rigs down 2 to 2.

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