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ERIELL releases 2020 production figures

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Oilfield Technology,

ERIELL Group has announced production figures for the full year 2020 and forecasts for 2021.

Projects were concentrated in Russia and Uzbekistan and the Group drilled 1.33 million m (2019: 1.37 million m). Similarly, the number of wells drilled was almost identical - 344 (2019: 350).

The Group experienced zero work stoppages, or any other downtime, throughout the pandemic.

Operational highlights include:

  • Supporting Uzbekistan’s national strategy to increase hydrocarbon production.
  • Construction of new wells, overhaul of existing wells and construction of new technical facilities.
  • Further preparation for drilling and developing 23 production wells in the Garraf field (Iraq), following the tender won with Petronas.
  • Setting various records during the year on different projects in Russia.

The Group believes it is prudent to forecast conservatively and expects to complete 382 wells and drill 1.32 million m this year but remains hopeful these forecasts will be revised upwards.

Vitaly Dokunikhin, First Deputy Chairman of the Management Board of ERIELL Group and General Director of ERIELL Neftegazservice LLC, said: “In a very challenging year for the world due to the pandemic, Eriell maintained its performance at 2019 levels. This was due to constant work behind the scenes on organisational development. We opened our own drilling support centre, introduced new IT solutions, improved our project management system and other internal processes.

“Another vital component was our employees. We mitigated the negative aspects of the pandemic as much as possible. We ensured a round-the-clock presence of medical personnel at the facilities, introduced additional paid days off for employees with extended shifts, organised medical treatment and recreation and conducted online training.

“Thanks to our team, we did not have any work stoppages, or any other downtime. We also regularly achieved new drilling records on even our most technically complex projects. We are confident that due to our professional team and improved internal processes, 2021 will show growth on 2019 and 2020.”

Work was planned in Iraq and Bangladesh, but due to the pandemic, the start of work was postponed to 2021. In Iraq, ERIELL previously won the Petronas tender to drill and develop 23 production wells in the Garraf field, while in Bangladesh, three exploration wells were planned to be drilled on Bol Island.

Read the latest issue of Oilfield Technology in full for free: Oilfield Technology's November/December 2020 issue

The November/December issue of Oilfield Technology begins by reviewing the state of the North Sea before moving on to cover a range of topics, including Drilling Technologies, Deepwater Operations, Flow Control.

Contributors come from Varel Energy Solutions, Gyrodata, Clariant Oil Services, Drillmec and many more.

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