GAZPROM, GAZPROM NEFT: Trip to Zapolyarnoye and Novoportovskoye Fields
Last week, Gazprom and Gazprom Neft jointly conducted their annual investor and analyst field trip to Russia’s gas mecca and the heart of Gazprom’s production base, the Nadym-Pur-Taz region, as well as the Novoportovskoye field on the Yamal Peninsula. Both companies provided updates on their long-term strategies. Gazprom discussed details of its plan to develop the Achimov layers, which assumes a considerable ramp-up of gas condensate production. We visited Zapolyarnoye, the largest gas field in Russia, which provides Gazprom with considerable flexibility in its day-to-day production operations. At Novoportovskoye, Gazprom Neft talked about its development plans and discussed the new multi-stage fracking technology, which helps increase well flow considerably.
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