Monday, April 23, 2007
Imperial lays down Siberian targets
18 April 2007 - Upstream OnLine - UK-based Imperial Energy said today it had successfully completed the laying of two pipelines in the Tomsk region of Western Siberia, in what it claims is a major step towards being able to deliver on its planned production targets in the region. The first pipeline, Snezhnaya-Zavyalovo, covers 49 kilometres and will serve Imperial’s blocks 74 and 77. The second pipeline, Maiskaya-Festivalnaya-Luginetskoye, stretches 159 kilometres from Imperial's Maiskaya field, in Block 70, through the Festivalnaya field in Block 69 to the Transneft tie-in at Luginetskoye. This pipeline will serve blocks 69, 70, 85 and 86, Imperial said Imperial estimates that first oil from the Snezhnoye and Maiskoye fields will start to flow into the company’s own pipelines by the end of June, with the production target of 6000 barrels of oil per day by end of the summer still on track.
Contact me: