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Gazprom, Schlumberger Outline Russian Shale Tech Agreement
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Gazprom Neft and Schlumberger have signed a supplement to their Framework Agreement on Technology Cooperation, which was made in 2011.
The companies expand cooperation to achieve greater efficiency in development of hard-to-extract shale oil reserves, mainly from Bazhenov deposits in Western Siberia.
In the near future, the companies will cooperate on Gazprom Neft plans for the development of Bazhenov-Abalaksky group at the Palyanovskaya area of the Krasnoleninskoye field, and later, cooperation will extend to other projects for development of non-conventional oil reserves in Khanty-Mansi Autonomous District. The expertise that Gazprom Neft will acquire from these activities shall be combined with the experience that Schlumberger gained from the operations at the Bazhenov-Abalaksky group…
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