Project Profile
Gas Production
0.10 mcm per day
Condensate Production
125.00 bpd
Gasnefteservice – GNS (a subsidiary of Volga Gas) won the Vostochny Makarovskoye licence at a government auction held in 2006. The Vostochny-Makarovskoye Licence Area is located close to the border of the Volgograd and Saratov regions. The Korobkovsky-Zhirnovsk gas pipeline is located 9 kilometres to the north of the Vostochny-Makarovskoye License Area. The Korobkovsky-Zhirnovsky pipeline runs north towards Zhirnovsk and terminates at the Korobkovsky Gas Processing Plant in the city of Zhirnovsk. The Vostochny-Makarovskoye field was discovered in 1989 by a LUKoil Group entity with three wells drilled on it. Two more wells were drilled by Volga Gas in 2008. GNS has an agreement to access UGSS via a common connection with the Dobrinskoye field which is contiguous to Vostochny Makarovskoye. The licence area is 5 kilometres from the Korobkovsky-Zhirnovsk gas pipeline.
A series of production tests have been concluded on well #30 on the VM field. The well flowed at a rate of 161,890 cubic metres per day (approximately 5.7 million cubic feet per day) through a 10 mm choke. Management estimates that when placed on permanent operation, the production rates for the well will exceed 100,000 cubic metres per day (3.5 mmcf/d) with condensate of approximately 20 cubic metres (125 barrels) per day. The well was drilled by a previous licencee as an exploration well, and recently re-completed as a production well by Volga Gas. The well has been perforated at two intervals, both in the Bobrikovskiy sandstone formation at depths of approximately 1,900 metres.
The Bobrikovskiy sandstone formation is a secondary reservoir in the VM field, lying above the main Evlansko-Livenskiy carbonate reservoir. No C1 recoverable reserves are currently attributed to this reservoir, although the potential reserve additions are expected to be modest. However, the workover of the #30 well provides Volga Gas with a low cost addition to production capacity when full time production from VM commences.
Operators:
Volga Gas: Operator with 100% interest