Russian producer of oil-extraction technologies intends to enter the Turkmen market
“Konkov’s Petro-Hydraulic Drives”, Yekaterinburg-based company, is ready to provide the fuel and energy complex of Turkmenistan with innovative solutions to improve the efficiency of oil production. Prospects for the supply of oil and gas equipment and the introduction of new extraction and refining technologies in Turkmenistan were considered at a meeting of Ambassador of the Russian Federation to Ashgabat Alexander Blokhin with the head of the company Vladimir Konkov, writes the magazine “Oil and gas vertical”. In particular, they discussed opportunities for private investing by Russian business circles in projects to restore unexploited wells. “Konkov’s Petro-Hydraulic Drives” specializes in the design, manufacture and service of oil equipment. The hydraulic drive for deep well pump, innovated by the company, is successfully replacing the outdated mechanical pumping units or so-called pump jacks. Despite the fact that pump jack is a classic symbol of oil production worldwide, its power is designed for the pumping of "black gold" from wells to a maximum depth of 2.5-3.3 km, while the equipment of the Ural designers allows to extract hydrocarbons from depths of 4 km. Thus, well production can be increased by at 30-100%. The hydraulic drives of “Konkov’s Petro-Hydraulic Drives” are featured by compactness, energy efficiency and remote automatic production control. Modernization of production infrastructure, introduction of best practices and establishment of interested cooperation with foreign partners are among the priorities facing the oil and gas complex of Turkmenistan. The successful solution of these issues is aimed primarily at the effective implementation of the hydrocarbon potential of the country and the expansion of the resource base for the country’s developing petrochemical industry.
