Rosneft, Statoil start pilot drilling at tight oil blocks in Samara Region
MOSCOW. Jan 31 (Interfax) - Domanik Oil AS, a joint venture between Russian state oil major Rosneft and Statoil ASA, has begun drilling the first well as part of an exploration program to study tight hydrocarbon reserves of Domanik sediments in Samara Region, Rosneft said in a press release.
"During the pilot phase planned for 2016-2019, Domanik Oil AS intends to drill and test at least three horizontal exploration wells, as well as to conduct advanced studies at the license areas of Samaraneftegaz, Rosneft subsidiary. The JV plans to use the most efficient development technologies, including multistage hydraulic fracturing," the company said.
Rosneft and Statoil signed an agreement in 2013 on the basic principles of the project involving joint pilot development of Domanik deposits at 12 Rosneft licensed areas in Samara Region.
