OREANDA-NEWS. March 07, 2013. ТNК-ВР reports that it has seen oil flow to surface at the Tarkhanovskoe field in the Orenburg region.

As a result of implementing new drilling technology a flow rate of 150 t/day was seen from well # 10. This allowed increasing the estimated recoverable reserves of the Tarkhanovskoe field by 50% to 1.2 mln tons under ABC1 classification.

Reserves re-estimation resulted from sidetracking at the two wells of the field. This technology is aimed at enhancing oil recovery in the fields with a high level of depletion by bringing into development formation zones, which did not produce before, as well as challenged oil reserves.

TNK-BP is implementing a large-scale program to stabilize production in brownfields – Orenburgneft and Buguruslanneft fields have been developed for more than 75 years, they belong to the oldest producing areas in Russia. In 2012, the Company invested 34.5 bn rubles in Orenburg production support, which is 4% more than a year earlier. The investment planned for 2013 is 35.6 bn rubles.

"Orenburgneft has been making consistent efforts to develop its production. Implementing new technology allows not only maintaining planned production levels in the fields, but also ensuring new development prospects," says Oleg Dimov, Vice President, TNK-BP Orenburg Branch Director.