Duqm II Liquids Storage Terminal, Oman carries out exploration works with the purpose of expanding the resource base. Exploration activities have been consistently delivering good results driven by the advanced exploration techniques and selection of the most promising areas based on research results. To increase the success of exploration drilling, step-by-step implementation of advanced technologies for processing and interpreting seismic data continued. In particular, innovative approaches to account for inhomogeneities of the upper part of the column are used to minimize the forecast error for structures. At the design stage, finite-difference modeling of the wave field is carried out to select the optimal parameters of the seismic survey.
The Company has unparalleled expertise in the In Saratov Region operations, which allows to minimize risks associated with the development of new fields and shorten new project lead times. Proximity to export markets and own transportation infrastructure reduces the transportation expenses and improves cost efficiency of operations in the region targets for exploration.
Most of our international exploration activities were concentrated holding 60% as project operator and INPEX CORPORATION holding 40%). 3D seismic surveys were conducted at within the approved exploration program, with a fourth well drilled to completion at the large discovered field, producing a commercial flow of dcrude oil.
Offer the cleanest line of services with latest technology, equipment. The approaches and technology applied by JSC "Orenburgnefteotdacha" for the development of Saratov Region fields secured the Company’s leadership in efficient commissioning of new wells and never ending customer support we are able to guarantee a very high level of satisfaction for our clients.
We believe that our success is driven by advanced exploration techniques to increase our business model and driven the principle of efficient vertical integration to create added value and make our business highly resilient in selection of the most promising areas based on research results. With the help of technology, we find out how the World Energy Model can explore different plausible future energy scenarios always.
With its vast resource base, the Company is especially focused on the development of the new projects to ramp-up exploration. The new projects include both development of new fields and enhancing recovery at mature fields through the use of advanced technologies, increased explore of products, and a higher number of EOR operations.
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