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Rosneft started drilling the first well at the North Chayvo field (the Sakhalin-1 project)
OJSC NK Rosneft has started implementing a large-scale project to drill the first exploration well at the Severnoye Chayvo field (Sakhalin-1 project).
Today, President and Chairman of the Management Board of Rosneft OJSC Igor Sechin and Sakhalin Region Governor Alexander Khoroshavin took part in the ceremony.
“The Rosneft Company enthusiastically participates in the implementation of the Far East development program initiated by the President of the Russian Federation V. Putin. For Rosneft, the Far East direction is one of the priorities. Our largest projects in the region are the development of the shelf, the creation of a shipbuilding cluster, the construction of the Eastern Petrochemical Plant, as well as an LNG plant on Sakhalin, "Igor Sechin said, speaking at the drilling start ceremony.
The Northern Chayvo field development model involves the use of innovative drilling technologies. Works will be performed using a unique installation "Hawk", which has no analogues in the world. At the same time, the effectiveness of the project is provided by using the capacities of the already established infrastructure of the Sakhalin-1 project. This is an example of how “smart” investments come to our energy sector, which form a fundamentally new technological level in the development of the shelf - both in terms of efficiency and in terms of environmental safety.
The start of drilling the first exploration well at the Severnoye Chayvo field will kick off the second stage of the development of the Sakhalin-1 project fields (Chayvo, Odoptu and Arkutun-Dagi). At the third stage, it is planned to develop oil reserves of the Arkutun-Dagi field. The project life cycle will last until 2040–2050. The project participants plan to reach the design capacity for oil in 2017, for gas by 2027, with a maximum peak of 1,6 million tons of oil and 1,5 billion cubic meters of gas. m of gas. In total, during the implementation of the Severnoye Chayvo project, oil production will be about 14 million tons, gas - 12,6 billion cubic meters. m. Total capital expenditures - 119,7 billion rubles. The northern tip of the Chayvo field is located within the shallow-water part of the North-East Sakhalin shelf. Recoverable reserves: oil - 14,9 million tons, gas - 4,3 billion cubic meters. m.