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Integra brochure
(pdf - 1.6 mb)


July 05, 2011

Integra Group is conducting geophysical surveys in the transition zone waters of Lake Zaisan

Integra Group has launched geophysical surveys in the transition zone waters of Lake Zaisan in Eastern Kazakhstan. The purpose of the seismic surveys is to search for oil and gas deposits for Kazakh company TOO Tarbagatai Munai. Integra will utilize 200 people of its staff for the project and will use 2D and 3D seismic acquisition methods, as well as a combination of vibroseis, explosive and air-gun sources, very light boats and airboats and other equipment.

The seismic surveys are being conducted as part of the project to explore the onshore, transition zone and open water areas of Lake Zaisan. Extensive planning of the surveys has taken in to account the ecological challenges of conducting surveys in these diverse environments. The surveys launched in July are expected to be completed in September, 2011, requiring a total of 16 500 seismic shot points.

For Integra Group this is the second integrated project covering both onshore and transition zones utilizing solely own capacity. For the first time Integra will use its own modern equipment ensuring continuous recording of data without gaps in inaccessible areas; mobile modular pontoons equipped with adjustable rudder and propellers; airboats, including airboats equipped with light-weight drilling units; air-gun sources and other specialized equipment.

 "The peculiarity of this project lies precisely in its integrity. As a rule, seismic companies focus on one type of operations - either onshore or offshore or transition zone seismic, and therefore the customer has to hire several seismic contractors. Integra for the first time acts as a sole contractor at Lake Zaisan where these geophysical surveys in different surface conditions are being conducted by one multidiscipline field crew. The technical abilities to carry out seismic surveys in such complex environmental conditions was acquired after the establishment in 2010 of IG Seismic Services - a joint venture of Integra and Schlumberger” - commented Antonio Campo, Chief Executive Officer of Integra Group.

Note

Transition zone is the shallow strip immediately adjacent to the sea or lake coastline. This area is inaccessible for standard off-road vehicles, on top of that, seismic data acquisition is complicated by noise interference from coastal waves. In connection with this the seismic survey on Lake Zaisan has several peculiarities. In particular, we use the sealed recording equipment designed for installation above the water surface. The sensors are placed on the lake floor to the depth of one meter by hand, to the greater depth - using special poles or dropping special hydrophones from boats to the floor, with the help of GPS. In the area accessible from the shore subject to solid ground up to 0.5 m depth we use ATV’s (marsh buggies) or special floating vehicles. In the area accessible from the sea, we use shallow-draft pontoons, barges, small vessels (boats, airboats). All operations are conducted in strict compliance with environmental regulations and standards. This allows seismic crews to fully comply with the environmental requirements, applicable to Lake Zaisan and Cherny Irtysh estuary, i.e. the territory which is an exceptional natural feature and is protected by the state.
Currently, Integra Group is participating in tenders for similar surveys in the transition zones in Azerbaijan and Turkmenistan. In 2010 the company successfully completed geophysical surveys in the transition zone of the Kazakhstan sector of the Caspian Sea.

Integra Group is a leading FSU-based independent diversified oilfield services provider and is also a manufacturer of specialized equipment used in the exploration, development and production of oil and gas. Integra operates in all major oil and gas producing regions in Russia and in many other CIS countries, where its customer base includes major domestic and international oil and gas companies. Established in March 2004, Integra Group has, through 17 strategic acquisitions, become one of the leading companies in the oilfield services and equipment manufacturing sectors of the Russian market and employs almost 15,000 people. Since February 27, 2007 Integra Group has been traded on the London Stock Exchange (symbol: INTE).

For additional information please contact:

Integra Group  

Andrei Machanskis
Head of Investor Relations 
Tel. +7 495 933 0621
amachanskis@integra.ru


Konstantin Schwarzkopf
 Vice President for Public Relations
 Tel. +7 495 933 0621
kschwarzkopf@integra.ru


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Some of the information in this press release may contain projections or other forward-looking statements regarding future events or the future financial performance of Integra Group. You can identify forward-looking statements by terms such as “expect,” “believe,” “anticipate,” “estimate,” “intend,” “will,” “could,” “may” or “might,” or the negative of such terms or other similar expressions. These statements are only predictions and actual events or results may differ materially. Integra Group does not intend to or undertake any obligation to update these statements to reflect events and circumstances occurring after the date hereof or to reflect the occurrence of unanticipated events. Many factors could cause the actual results to differ materially from those contained in Integra Group’s projections or forward-looking statements, including, among others, general economic and market conditions, Integra Group’s competitive environment, risks associated with operating in Russia, rapid technological and market change, and other factors specifically related to Integra Group and its operations.
 
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