facebook
twitter
rss
account
search
search
 

Gazprom Neft starts arctic drilling

Program entails single exploratory well.
By Daniel J. Graeber   |   July 1, 2014 at 8:31 AM   |   Comments

http://cdnph.upi.com/sv/em/upi/UPI-9111404217104/2014/1/05b8e83e8abf1cb6c24bce403a29f182/Gazprom-Neft-starts-arctic-drilling.jpg
MOSCOW, July 1 (UPI) -- A subsidiary of Russian energy company Gazprom Neft said it started drilling its single-well program in the arctic waters of the Pechora Sea.

The subsidiary, Gazpromneft-Sakhalin, started exploratory work in the Dolginskoye field on the continental shelf in the Pechora Sea.

The company said it was working on the field during ice-free months of the summer.

Warming trends are leaving parts of the arctic ice-free for longer periods of time, giving energy companies more time to try to exploit the untapped reserves.

Gazprom Neft is the oil arm of the Russian energy company Gazprom, which was the target of Greenpeace demonstrations against arctic exploration this year and last.

Gazprom Neft said Monday its drilling operations in the region are certified by national and international authorities as safe and it was using advanced technology to minimize the environmental impact of its exploration activity.

The company estimates the Dolginskoye field holds more than 200 million tons of oil equivalent. It's working alongside energy services companies Schlumberger and Weatherford on the Pechora Sea field.

Follow @dan_graeber and @UPI on Twitter.
Contact the Author
Topics: Gazprom Neft
© 2014 United Press International, Inc. All Rights Reserved. Any reproduction, republication, redistribution and/or modification of any UPI content is expressly prohibited without UPI's prior written consent.
Recommended UPI Stories
Featured UPI Collection
trending
Celebrity Couples of 2014 [PHOTOS]

Celebrity Couples of 2014 [PHOTOS]

Most Popular
1
New National Security Cutter delivered to Coast Guard New National Security Cutter delivered to Coast Guard
2
First MT30 engine for Korean Navy frigates passes acceptance tests First MT30 engine for Korean Navy frigates passes acceptance tests
3
Anheuser-Busch not satisfied with the way NFL has handled recent incidents Anheuser-Busch not satisfied with the way NFL has handled recent incidents
4
Creator of 'Honey Badger Don't Care' brand sues for trademark infringement Creator of 'Honey Badger Don't Care' brand sues for trademark infringement
5
Rheinmetall, KBR in joint venture bid for British defense entity
Trending News
Video
x
Feedback