Tatneft Continues Rendering Well Maintenance Services in Turkmenistan

BUSINESS TURKMENISTAN
Tatneft Continues Rendering Well Maintenance Services in Turkmenistan
In December 2018, Turkmennebit and Tatneft signed a new agreement for the overhaul of 88 wells.

Russia-based oil and gas company Tatneft renders well maintenance services to increase oil production at the Goturdepe field as per contract concluded in 2010 with Türkmennebit State Concern.

According to the online newspaper of the Oil and Gas Complex of Turkmenistan, oil production at 128 wells was restored due to effective geological and technical measures. Over $32 million were invested in this project.

In December 2018, Turkmennebit and Tatneft signed a new agreement for the overhaul of 88 wells. Within its framework, the branch office of Tatneft in Balkanabat recruited an additional set of Turkmen specialists and formed 12 brigades. Currently, 48 wells have already been put in operation. Investments in the overhaul amounted to around $30 million.

The branch office of Tatneft in Turkmenistan was registered in January 2011. The main field of activity of the branch is the overhaul of wells, the organization of a reservoir pressure maintenance system and the introduction of automation systems at oil production facilities.