Prime Minister Dmitry Medvedev takes part in launching the first horizontal well.
Russian Zarubezhneft and Cuba’s state-owned company Cupet have been carrying out a project to increase oil production at the Boca de Jaruco oil field since 2011.
As of 1 September, 2019, over 6,000 tonnes of heavy super-viscous oil has been produced.
In October 2019, the drilling of three new horizontal wells is to begin. If the results are positive, Zarubezhneft will launch commercial production. Approximately 2 million tonnes of oil are accessible at this phase.
The total deposit is estimated 3.7 billion tonnes.
Dmitry Medvedev’s remarks:
Let me extend my heartfelt congratulations on the launch of the first horizontal well. This is a new stage of Zarubezhneft’s work in Cuba, at the Boca de Jaruco deposit. It took a great deal of preparation. I hope everything will be implemented as planned.
I would like to say that you did such a great
job by preparing everything flawlessly. The prospects that will open after the
horizontal drilling project is implemented are very impressive. The general director
has just talked about this. For Cuba this is an opportunity to really resolve
the issue that has currently become exacerbated. We discussed it with the leadership
of the Republic of Cuba yesterday. Let’s face it, this is a step towards energy
independence of the Freedom Island. This process is complicated, so we must not
relax our efforts; everything must be under control. I would like to thank our
colleagues, our Cuban friends, who have been working on this all of this time.
Congratulations once again!