Geosplit and NIIneftepromhim jointly demonstrated a marker diagnostics technology to the President of the Republic of Tatarstan

GeoSplit LLC, a Russian hi-tech oilfield service company providing with well marker monitoring services, and JSC NIIneftepromhim, a leading research institution of oilfield chemistry developing and introducing chemical products for oil and gas production, jointly participated in the Tatarstan Petrochemical Forum devoted to 100th anniversary of TASSR foundation held in Kazan on September 2-4.

During the exhibition the GEOSPLIT marker diagnostics technology was demonstrated to Rustam Minnikhanov, the President of the Republic of Tatarstan, and Nail Maganov, Tatneft PLC CEO, and other members of the official government delegation. The Forum visitors expressly noted innovation in horizontal well inflow profiling and composition analysis, and also applicability of the solution in the Tatarstan oil and gas production.

A partnership agreement made between GeoSplit and NIIneftepromhim includes future evolution of joint technology projects in Russia, CIS and internationally.

Alexander Katashov, GEOSPLIT CEO:

"Cooperation between us will have a synergic effect and allow for weighty results for both end customers - subsoil users and our partners. In this regard we highly appreciate the project support by the government of the Republic of Tatarstan and also active role of NIIneftepromhim in its regional development".

Ildar Gamilov, NIIneftepromhim CEO:

"SNPH-GEOSPLIT partnership that combined production digitalization concept performed by GeoSplit and Niineftepromhim research and production capacity not only encourage the growth of joint regional and international projects, but meets the strategy of the government of our region on introduction of advanced and high performance technologies of oil and gas production".