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Gazprom Neft subsidiary Gazpromneft-Sakhalin has entered a contract with Hakuryu 5 for the lease of a drilling rig that will be used to develop a prospecting and appraisal well at the Ayashsky licence block.

Ayashsky licence block is in the Sea of Okhotsk's Continental Shelf in the Pacific Ocean.

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The semi-submersible floating rig will perform drilling activities around the middle of of this year. In addition, the company intends to complete well testing and core sampling at the site for laboratory testing.

Gazprom Neft deputy CEO of Shell projects development Andrey Patrushev said: “Gazprom Neft continues to investigate all of the company’s licence blocks located on Russia’s Continental Shelf.

"We are convinced that the unique experience we have accumulated on the Russian Arctic Shelf can be successfully utilised in implementing projects throughout Russia."

“We are convinced that the unique experience we have accumulated on the Russian Arctic Shelf can be successfully utilised in implementing projects throughout Russia’s other promising oil regions, and that using international best practice in drilling and well testing will ensure safe and effective operations.”

The floating rig underwent a comprehensive technological enhancement in 2014.

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Further modifications and modernisation are planned to make the floating rig ready to perform during this year's drilling season and sustain in the Sea of Okhotsk's climatic and hydrological conditions.

Hakuryu 5 is a 100%-owned subsidiary of Japan Drilling Co.

Image: Gazprom Neft to drill first well at the Ayashsky licence block. Photo: courtesy of Gazprom Neft.