BP hopes to see increased production at the Taas-Yuryakh development in Russia next year. Speaking on June 1, 2017, to the super majors in-house magazine, BP Russia president David Campbell updated stakeholders on in-country operations.
When asked what the ‘milestones’ for the next 12 months are, Campbell said; «1st of all silent running – supporting the board and continuing to do quality work in the technical areas. Taas-Yuryakh, the 100,000 barrels a day plant, ought to be ready to start increasing production next year and we should be looking at a material increase in production. The pipeline is already welded and has been pressure-tested.»
«Our Yermak joint venture is drilling its 1st well on the Baikalovskoe discovery. This is an important well with appraisal elements, but also exploration elements that might make quite a difference. Then we want to do more business development, so I hope to be talking about further agreements later on», said David Campbell.
BP has nearly a 20% stake in Russian giant Rosneft.
Author: Alan Shields
