Title Salym Oil Field Development Venture
Start Date 1996-00-00
Is Current yes
Notes Salym Petroleum Development NV was founded in 1996 as a joint venture between the Shell concern and the Russian oil company Evikhon (acquired by Gazprom Neft in the late 2000s) to develop the Salym group of fields . The development of the Salym group of fields, including the Verkhnesalymskoye, Zapadno-Salymskoye and Vadelypskoye fields, began in September 2003 under the current tax regime. SPD has deployed works on the construction of infrastructure: roads, commercial reservoirs, camp, warehouses, power lines. In parallel, there was a preparatory stage of the drilling program. In April 2004, the first production well was drilled, and in August, SPD specialists drilled a prospecting well at the Veresalsalymskoye field, which opened the oil reservoir. In December 2004, the company began production of oil from the first wells of the West Salym field.
Updated over 5 years ago

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