New Industry Ventures (a joint venture fund of Gazprom Neft, Gazprombank, RVC, and VEB Ventures) is implementing an investment project to create the first serial complex of Russia equipment for maintenance geophysical studies of horizontal wells.
New Industry will allocate funds for implementing the L-Petro company's project, which specializes in the manufacture of high-tech equipment for geophysical surveys and well interventions. With the Fund's support, the company will develop several modifications of downhole tractorsand a set of devices for servicing horizontal wells and began their serial production. The volume of investments from the Fund will amount to 160 million roubles.
The project aims to create a line of innovative Russian equipment and launch a high-tech business to sell and service products. To date, a prototype of a downhole tractor has been manufactured, R&D has been completed, bench tests have been successfully passed. In the next four years, serial production of various modifications of downhole tractors will begin. The equipment is planned to be produced in four modifications (of the lever, wheeled, hydraulic, and of short resource), designed to solve various technological problems.
L-Petro downhole tractors will fully meet domestic customers' requirements and compete with the world's leading analogs in terms of essential characteristics. The price advantage will also be provided: the cost of both the device itself and the operations performed with its help will be two or more times lower than that of foreign competitors...
The support of the “New Industry” will allow expanding the pilot production and machine tool park and launching a business to sell products in several regions of Russia to create a network of service centers. The mass production of the first modification of the downhole tractor will begin in 2021. The output of subsequent models is planned to start before 2024.
 A downhole tractor is a device used to deliver tools and equipment to horizontal sections of wells for technical maintenance and repair and conduct geophysical surveys (e.g., electrical, acoustic, radioactive, electromagnetic, etc.).
 Downhole tractor manufactured by L-Petro will surpass foreign counterparts in maximum tractive effort. Besides, the device will be equipped with an intelligent control system that will increase the efficiency of solving technological problems in complicated well-related sections. The cost of equipment, operations performed by it, and the cost of owning a Russian device are significantly lower than foreign models.