LUKOIL plans to start shale gas production in the Republic of Komi

LUKOIL plans to start shale gas production in the Republic of KomiThe decision on shale gas production on the territory of the Republic of Komi may be taken oil company LUKOIL until the end of the year. Currently, LUKOIL-Perm" completing exploration work on Corino-Petrakovskii structure. Just before the end of April will be drilled five wells, core samples will be available in Karnitis, and then the decision will be made at the management level by LUKOIL."The size of the investment was not disclosed, but the project is expensive. Until the end of April will be drilled five wells, now almost ready two. These five wells will be developed using the technology of hydraulic fracturing, both traditional and unconventional reserves," quotes "Kommersant" the words of the representative of the President of the company in Perm Krai Alexander Laprida.According to preliminary estimates, unconventional resources Kurino-Petrakovskii patterns are estimated at 3 trillion cubic meters of gas, traditional - 70 billion cubic meters. Deposits that have a similar structure with Corino-Petrakovskii structure is located on the territory of the Perm region, but their thickness and saturation increase closer to Udmurtia.This is the first project of LUKOIL in the subject of shale gas. In 2011, LUKOIL was looking for partners for joint development of U.S. shale oil and gas.



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