PAO NOVATEK (“NOVATEK” and/or the “Company”) today announced that Arcticgas, a joint venture between NOVATEK and PAO Gazprom Neft, successfully completed a horizontal well number “U2802” targeting the lower Achimov formation at the Urengoyskoye field.

Urengoyskoye field

Image: The Urengoyskoye field has been producing since 1978. Photo: courtesy of Gazprom.

An eight-stage hydro-fracturing program was successfully completed utilizing a record-high proppant volume of 2,187 tons at well number “U2802” with a total length of 5,624 meters and a horizontal section of 1,500 meters. A unique wireless inflow monitoring technology using marked proppant was implemented. Permanent downhole pressure and temperature gauges are also used in the production to monitor real-time data.

Utilizing state-of-the-art technologies the well achieved a daily flow rate of more than one million cubic meters of natural gas and 500 tons of gas condensate, confirming significant prospect to develop the lower Achimov deposits.

Source: Company Press Release