OREANDA-NEWS. December 29, 2011. TATNEFT Company is successfully introducing innovative technologies in its fields. Rustam Minnikhanov, President of Tatarstan, Rinat Sabirov, Assistant to President of Tatarstan and representatives of regional, republican and local media, accompanied by experts of the Company familiarized with practical application of one of the technologies mentioned - a method of formation hydraulic fracturing (FHF) at well No. 20960 of the first crude oil production area of NGDU "Almetyevneft".

The formation hydraulic fracturing operations were performed by OOO "Tatneft-RemServis" Company.

The formation hydraulic fracturing technology becomes one of the effective ways to significantly increase the recovery percentage of underground resources and cost-effectively operate the wells in the late stage of development at the time when major oil reserves are hard to recover.

The well selection process is performed by a team of technological engineers, geologists of NGDU, specialists of OOO "Tatneft-RemServis" Company and scientists, while engineering design of formation hydraulic fracturing is performed with application of the world-wide known "Meyer" computer program. A high class engineering approach includes preliminary information collection and analysis of geological and geophysical surveys data, as well as performance of mini-hydraulic fracturing operations preceding the major formation hydraulic fracturing job.

Currently, TATNEFT has mastered various technologies of FHF, such as local, large-volume, acid-aided hydraulic, etc.

Having acquainted with the technology, President of the Republic of Tatarstan emphasized that TATNEFT had been and still remained the locomotive of the economy of Tatarstan and was one of the most innovative companies in the Republic and the industry branch. He highly praised the professionalism of oilmen comparing the technologies implemented by the Company with the space technologies.