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Production of geophysical equipment

Description

Expansion of the production base of the Research and Production Enterprise of Geophysical Equipment «Luch» in 2019-2025 for the implementation of the import substitution program and the supply of serial geophysical equipment for research in the process of drilling and operating oil wells for secured volumes of supplies for future years. The project involves a comprehensive modernization and expansion of the existing production.

Publication date: 27.05.2020 Last updated: 13.01.2021

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Production of geophysical equipment

Industry

Промышленность

Project type

Modernization / reconstruction, renewal of basic assets

Project budget

1,1 bln

detailed project information

Description

About the project

Expansion of the production base of the Research and Production Enterprise of Geophysical Equipment «Luch» in 2019-2025 for the implementation of the import substitution program and the supply of serial geophysical equipment for research in the process of drilling and operating oil wells for secured volumes of supplies for future years. The project involves a comprehensive modernization and expansion of the existing production.

Description of project services or products

Logging while drilling hardware and software complex (LWD telemetry system). Import substitution in this area will significantly reduce the risks of supply from the main exporters — Baker Hughes, Schlumberger, Weatherford, Halliburton.

Project company: ООО Научно-производственное предприятие геофизической аппаратуры «Луч» (website)

Investment indicators

Project budget

1,1 bln ₽

IRR

22%

NPV

274 mln ₽

PBP

36 months

Equity share in the project budget

93%

Investments in the project

79,8 mln ₽

total investment volume