Project Profile
Value: US$850 million
Location: West of Khanti—Mansiysk Autonomous District, Russia
Reserves: 1.1 billion tonnes (290 million tonnes are recoverable)
Production: 1.8 million tonnes (36,000 bpd) in 2009. Peak production of 4 million tonnes per year (80,000 bpd) was expected by 2012.
Start-up Year: 2003
The Kamennoye field is part of the Krasnoleninsk group of fields in the west of Khanti—Mansiysk Autonomous District. Reserves in place are currently estimated at around 1.1 billion tonnes, of which over 290 million tonnes are recoverable. Initial attempts to develop this field began back in the 1970s, when the first 100 appraisal wells were drilled. Until early 2000, the field was considered sub-commercial due to its complicated geological structure, low productivity and remoteness from infrastructure. The Kamennoye field has an extremely complicated reservoir structure and low porosity, which reduces the efficiency of hydrofrac operations and horizontal drilling. Another aspect of the field is the fact that its northern section is in the environmentally sensitive area of Verkhnee Dvuobye, which is covered by the Ramsar agreements.
TNK-BP began developing Kamennoe in 2003, and between 2004 and 2008 invested over US$600 million in the project. In 2008, the field produced 1.3 million tonnes (26,000 bpd) and by 2012 aggregate production from both the southern and northern sections is expected to reach 4 million tpa. However, this complex project comprises only 15% of recoverable oil reserves under current economic conditions. In the meantime, studies and pilot production work will continue across 85% of the field area in order to tap the resources in its most complex segments.
Oil production from the Kamennoye field in 2009 was 1.8 million tonnes (36,000 bpd), which was 40% up on 2008. This increase largely came from production startup in the northern section of the field, where over 100 wells are to be drilled. Planned investment in the Kamennoye field is US$250 million. At this time, TNK-BP forecast that production would peak at 4 million tonnes per year (80,000 bpd) by 2012.
Construction of a gas turbine power plant on the site was planned in 2011 with the aim of increasing utilisation of associated petroleum gas.
Russia\'s state-owned oil company, Rosneft, assumed the role of operator of the Kamennoye field in 2013 when it completed its acquisition of TNK-BP. It operates the field via its subsidiary, Nyaganneftegaz.
Operators:
Rosneft: Operator with 100% interest