Currently, the list of idling Russian wells stands at some 40 percent of total stock. This data was presented by ROSING chair Viacheslav Manyrin on opening the September meeting of engineering and technical sub-committee at Russia's Chamber of trade and industry. According to Manyrin, this caused by officials ignoring the legislation that covers promotion of operations with dormant wells fund. At the same time, there is no need for fundamental changes to the legislation, holds Manyrin. "Except for, perhaps, tax breaks which were in place in Soviet days and in early 1990s and which encouraged operations with difficult, drowned wells, with frontier wells", notes the expert.
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