How can we explore the Russian Arctic Shelf?
David Bamford – david@windwardexploration.com Western oil & gas technical journals as well as ordinary newspapers wax lyrical over the hydrocarbon resources of the Arctic, typically referring to it as the next global frontier. Huge resource estimates are bandied about – the USGS has suggested as much as 400 billion barrels …
Rosneft: The Final Frontier, Hydrocarbon Potential in the Eastern Arctic
N. A. Malyshev, Dr. of Geology and Mineralogy, V.V. Obmetko, PhD Geology and Mineralogy, A.A.Borodulin (Rosneft) Introduction Today, Rosneft’s activities cover most of the hydrocarbon producing regions of Russia: the Timano-Pechora oil and gas basin, the Volga territory, Northern Caucasus, East and West Siberia and the Far East. Along the …
Blackbourn Reports: Petroleum Geology of the West Siberian Basin
Chapter 1. Introduction and Brief Review of the Petroleum Geology II.1.1 Introduction As noted in Section I.1.3, the West Siberian Basin has been sub-divided into distinct petroleum-geological regions by various authors, and there is no wholly consistent terminology. The ten regions illustrated in Enclosure II.1 are widely used in the …
ROGTEC Editors Note Issue 26
Dear Readers, I hope you have all enjoyed the summer – it was good to catch up with everyone during the shows. From our point of view, we were very proud to showcase our 25th issue at the Caspian Oil & Gas Exhibition and MIOGE, which were both a great …
BP responds to Bailiff Raid on BP EOC
BP EOC will initiate cancellation of enforcement proceedings under the unjustified claim by Andrei Prokhorov. On Thursday night the bailiff of the Federal Bailiff Service (FSSP) for Moscow passed a resolution to postpone the execution of enforcement procedures against BP Exploration Operating Company Limited (BP EOC) until 10 September 2011. …
Max Petroleum Starts Drilling UTS-4
Max Petroleum Plc, an oil and gas exploration and production company focused on Kazakhstan, is pleased to announce that it has commenced drilling the UTS-4 appraisal well on the Uytas prospect in Block A. The total depth of the well will be approximately 800 metres, targeting potential Cretaceous and Jurassic …
Integra Group Reports Interim 1H 2011 Financial Results and Order Book Update
Integra Group (LSE: INTE), a leading independent provider of diversified oilfield services, released today its unaudited Interim Condensed Consolidated Financial Statements, prepared in accordance with IFRS, for the six months ended June 30, 2011. Stronger volume of services across all of our segments was the primary revenue growth factor in …
Integra Group announces acquisition of SIAM Company
Integra Group announces that it has executed a purchase and sale agreement to acquire SIAM Company (SIAM), a leading Russian oilfield services company specializing in wireline and slickline services, production logging and testing. The transaction amount is RR2.2 bln (US$76 mln). Integra Group anticipates that closing of the transaction will …
Integra Group divests assets of OOO TSZ
Integra Group announces the sale of OOO TSZ which owns the assets of former Tyumen Shipbuilding Plant for RR773 million (US$26.7 million) to OOO Monolit held by DOM Group, one of the largest real-estate developers in Tyumen. The proceeds from the sale will be used for general corporate purposes of …
BREAKING NEWS – ROSNEFT AND EXXONMOBIL TO JOIN FORCES IN THE ARCTIC AND BLACK SEA OFFSHORE, ENHANCE CO-OPERATION THROUGH TECHNOLOGY SHARING AND JOINT INTERNATIONAL PROJECTS
Rosneft and ExxonMobil have executed a Strategic Cooperation Agreement under which the companies plan to undertake joint exploration and development of hydrocarbon resources in Russia, USA and other countries throughout the world, and to commence technology and expertise sharing activities. – $3.2 billion exploration program planned for Kara Sea and …