Technological leadership program

In an effort to develop crucial technology expertise and introduce the best technical solutions throughout the technological chain, the Technology Leadership program has been developed and is being implemented, including projects in the following areas:

  • Technologies to ensure efficiency gains in exploration (Discovery project)
  • Technologies to increase the oil recovery index (ORI) (Smartflooding, Entalpy, and Tight Oil projects)
  • Technologies for the efficient development of small fields (Nestro-TEC)

PROGRAM PORTFOLIO. CHALLENGES AND ACHIEVEMENTS

Geological exploration
≤20% Share of replenishment of production reserves with new oil and gas exploration technologies

DISCOVERY

  • Increased efficiency of oil and gas exploration
Production
≤3 times CAPEX optimization by applying mobile solutions and new technologies

Nestro-TEC

  • Infrastructure
Development
  • Using technologies to increase the NPV and ORI of current assets
  • Technological basis for entry into new projects
≤5% ORI of current assets

Smartflooding

  • Enhanced oil recovery methods using chemicals and gas
~1 bln tons commercialization of bitumen production in Cuba

ENTALPY

  • Enhanced heating oil recovery methods
Launch of 2  new projects Involvement in the production of hard-to-recover reserves (HTR), vertical seismic profiling (VSP), and radio-frequency surveying in the Kharyaga production sharing agreement

Tight Oil

  • HTR development