Chayvo Field

Oil & Gas

Rosneft produces reaches ‘milestone’ with Chayvo Field

Oil giant Rosneft has produced its one millionth ton of oil at the northern tip of the Chayvo Field. A spokesperson for the firm said the milestone had been reached just eight months after drilling the first well at the field which was completed in September 2014 from the onshore site. RN-Shelf-Far East, Rosneft subsidiary, is currently producing crude oil at the field with two unique extended-reach wells that are 10,825 m and 9,923 m of measured depth. Their cumulative daily output amounts to over 5,000 million tons.