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Provider: Reuters Investment Profile
Provider: ATON LLC
Provider: ATON LLC
Provider: ATON LLC

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ANK Bashneft' OAO Opens New Oil Field in Western Bashkortostan

Sunday, 27 Jan 2013 07:00pm EST 

ANK Bashneft' OAO (Bashneft) announced that it has opened a new oil deposit located in Khasanovskoye license area which was named after Vladimir Afanasyev, former chief geologist of Bashneft. Recoverable С1+С2 reserves at Afanasyev field were estimated at 3.8 million tons (including С1 0.6 million tons, С2 3.2 million tons) following the testing of two prospecting holes. The test results were approved by the State Reserves Committee. In December 2008 Bashneft won the tender for Khasanovskoye area located in Bakalinsky region in the western part of Bashkortostan. The area shares a border with Kalayevskoye, Mustafinskoye and Ardatovskoye oil fields already developed by Bashneft. 2D seismic found two promising structures, namely Zarechnaya and Ikskaya. In 2012 Bashneft found oil flows from sediments of Bobrikovskian horizon at two exploration wells of these deposits. Currently both wells produce nearly 80 tons per day as part of the production testing and have a potential for oil production growth. In 2013 Bashneft carried out 3D seismic throughout the territory of Khasanovskoye area in order to clarify Afanasyev field limits. Bashneft also expects to complete drilling a new exploration hole and to drill four horizontal wells as part of the test production project. 

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