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AGREE

ru

21

branch

3500+

employees

1300+

units of equipment

15

years of expertise

FracJet-Volga is a Russian oil and gas servicing group of companies. It was established in 2009 by a team of top professionals to render services to oil and gas operators. Since then, we have been expanding the scope of our operations offering leading edge and customized solutions to our clients in Russia and abroad. We develop technologies to be employed in well construction, workover, fracturing, well testing, stimulation and completion, as well as coiled tubing and nitrogen operations.

ABOUT US

“Our goal is to render top quality oil and gas services, and to offer turnkey solutions that meet our customers’ needs. Strategically, we aim for diversifying the scope of business activities. The FJV Group is constantly on the search for new and efficient growth and risk management methods as we develop state-of-the-art technologies, invest in manufacturing facilities, set up independent businesses, and partner with vertically integrated giants in large-scale successful projects. This combination of horizontal and vertical diversification allows FJV to scale up, enhance the efficiency and quality of our services, and succeed together with our customers.”

General Director
Dmitry Kolosov

JOBS COMPLETED

EMPLOYEES

[ 2019–2023 ]

2019

2020

2021

2022

2023

+10,9%

-14,3%

+10,6%

+42,5%

+50,5%

2019

2020

2021

2022

2023

1646

1527

1645

1947

2026

OUR HIGHLIGHTS

DEVELOPMENT OF PROTOTYPES AND TEST BEDS AT FJV RESEARCH AND ENGINEERING CENTER

IMPORT SUBSTITUTION – TECHNOLOGIES AND EQUIPMENT

LARGE-SCALE PROJECTS IN RUSSIA AND BEYOND

EXTENSIVE TECHNICAL EXPERTISE AND A BROAD LANDSCAPE
OF MANUFACTURING ASSETS

DESIGN, DEVELOPMENT AND MASS PRODUCTION OF CONVENTIONAL AND CUSTOMIZED WELL INTERVENTION EQUIPMENT

OUR ADVANTAGES

projects

Acid Jet Drilling

2022–2023

2023

2022–2023

2020–2023

Horizontal well logging – Astrakhan Gas Condensate Field

Field trials of CT jet pumps

Customer: Gazpromneft-Orenburg

FracJet-Volga drilled three horizontal laterals with a 2-7/8” coiled tubing string while controlling the well trajectory. A total of 4,311 feet was drilled in high-H2S conditions.

The company developed and implemented the CT drilling technology that combines drilling and coiled tubing workover techniques. We made a mobile drill mud cleaning system, a blowout prevention complex, an LWD system, a BHA and other components required to successfully perform the CT drilling operation.

COILED TUBING DRILLING (CTD) –
ORENBURG OIL AND GAS CONDENSATE FIELD

Customer: Gazpromdobycha Astrakhan

The work was complicated by high levels of H2S (up to 36%), as well as 18% CO2. A customized coiled tubing string was manufactured to the FJV specifications to withstand the harsh conditions of the Astrakhan field. It was a unique operation of well logging in a flowing well.

Customer: Gazpromneft-Orenburg

FJV has designed a jet pump to de deployed on coiled tubing. The packer in the pump allows the crew to operate without employing a workover unit, i.e. directly in the tubing hangers.

In 2023, the design was improved to reduce the impact of the gas factor. The equipment is manufactured for the 2-3/8”, 2-7/8” and 3-1/2” tubing. Field trials have been successfully completed by the experts of FracJet-Volga and Gazprom Dobycha Orenburg.

Customer: Gazpromneft-Orenburg

FJV has completed acid jet drilling of sidetracks with trajectory control at the Eastern block of the Orenburg oil and gas condensate field. The work was significantly complicated by harsh corrosive environment, and we had to use hydrochloric acid compositions as a drilling fluid.

For these jobs, the company had developed and used highly durable downhole equipment capable of withstanding high-H2S conditions - jet nozzles, knuckle joints and wireline well control devices. FJV Chemical Lab designed compositions to combat asphalt, resin and paraffin deposits in the wellbore, as well as acid compositions to heat up the wellbore.

2009 – 2013

2014 – 2018

2019 – 2022

2023 – today

THE FIRST STEPS IN WORKOVER AND COILED TUBING

2009. Our story starts with a couple of workover rigs and a team of highly experienced oil and gas professionals.
2010-2011. The company launched its first coiled tubing project of well stimulation at Astrakhan Gas Condensate Field with the re-entry of two drilled wells for Gazprom Dobycha Astrakhan LLC.
2012. A Research and Engineering Center was introduced to tackle complex challenges in coiled tubing, workover, fracturing, and drilling.
2013. A Capital Construction Department was established to perform construction and assembly operations in the field. It was our company that served as an EPC contractor to do workover jobs at the Gazprom underground gas storage facilities.

2009 – 2013

OUR STORY

2009 – 2013

2014 – 2018

2019 – 2022

2023 – today

CAPACITY GROWTH
POWER OF SIBERIA
LEADING THE COILED TUBING MARKET

2014. Introduced the first hydraulic fracturing fleet. TEK-Rating named FracJet-Volga ‘The Best Coiled Tubing Company in Russia'. Established a drilling department and commenced well construction at a number of underground gas storage facilities
2015. Successfully completed our first workover jobs in Novy Urengoy.
2016. Launched coiled tubing operations at the Vankor group of fields and introduced the second frac fleet.
2017. Signed contracts to work on the Chayandinskoye oil and gas condensate field that supplies the "Power of Siberia" gas pipeline, as well as on the Kondinskoye and Priobskoye oil fields.
2018. Performed well completion services in the Khanty-Mansi Autonomous Okrug (KhMAO) and Yakutia. Opened a division in Novy Urengoy to render coiled tubing services for NOVATEK subsidiaries, and launched a service to prepare kill and wellbore fluids at the Vankor Oil and Gas Field.
TEK-Rating named FracJet-Volga ‘The Best Coiled Tubing Company in Russia'.

OUR STORY

2014 – 2018

2019 – 2022

2014 – 2018

2019 – 2022

2023 – today

FJV OPENS A TRAINING CENTER. VELOCITY STRING TECHNOLOGY. COILED TUBING DRILLING.

2019. An air separation unit was commissioned at the Vankor Oil and Gas Field. Coiled tubing fleets commenced operations in the Krasnodar, Stavropol and Volgograd Regions. FracJet-Volga opened a Training Center featuring Russia's only coiled tubing unit simulator.

OUR STORY

2019 – 2022

2020. Successfully completed field trials of acid jet drilling at the Orenburg Oil and Gas Condensate Field, followed by full-scale implementation of the technology. A well testing department was established. Commenced operations at the Orenburg Field. TEK-Rating named FracJet-Volga ‘The Best Coiled Tubing Company in Russia’.
2021. Introduced the velocity string technology for gas well unloading. Commenced the Kharasavey-Bovanenkovo project (well workovers) and the Kovykta Gas Condensate Field project (coiled tubing). The third frac fleet was introduced to start operations in Western Siberia.
2022. FJV was the first in Russia to successfully complete a coiled tubing drilling project with 2-7/8” CT at the Orenburg Oil and Gas Condensate Field. Production and sidetrack drilling started at the Varyegan Oil Field. Completed a well workover and hydraulic fracturing project in Sakhalin.

2009 – 2013

2014 – 2018

2019 – 2022

2023 – today

GROWTH ACROSS THE BOARD

2023. Implemented field trials of a 19-port completion system for multistage fracturing for Gazpromneft-Khantos. The amount of coiled tubing fleets increased to a total of 19. New divisions were established in Gubkinsky, Nefteyugansk-2, and Chayandinskoye-2.