KMG EP: First Half 2013 Results – Production at OMG Up 9%
JSC KazMunaiGas Exploration Production announces its operating results for the first half of 2013, results of the ongoing Modernisation Programme, operating results of two new servicing companies, drilling results at Fedorovskiy block and start of Trial Production at Liman block. Highlights: – In the first half of 2013 KMG EP …
Max Petroleum: Uytas Field Contiunes to Show Pay Zones
Max Petroleum Plc, an oil and gas exploration and production company focused on Kazakhstan, is pleased to announce that the UTS-10 appraisal well in the Uytas Field has successfully reached a total depth of 484 metres, with electric logs indicating a total of nine metres of net oil pay in …
Geotech Holding And Novatek Signed An Agreement For Seismic Exploration Using UniQ Technology
IG Seismic Services PLC, the leading pure – play land and transition zone seismic company in Russia and the CIS and one of the largest land seismic companies globally, announces that GEOTECH Holding CJSC and NOVATEK OJSC signed an agreement for seismic exploration works, using UniQ technology. GEOTECH Holding CJSC …
The meeting of Bashneft’s shareholders to consider selling the Company’s stake in UPC
The Board of Directors of JSOC Bashneft has decided that the Company should sell its stake in the authorized share capital of OJSC United Petrochemical Company (UPC) to OJSC JSFC Sistema; currently, Bashneft owns a 98% stake in UPC’s authorized share capital. The Board has submitted this proposal to the …
Slavneft Produced 8.45 Million Tons of Oil during 6 month of 2013
Within the first six months of the current year, OAO NGK Slavneft’s Subsidiaries produced 8.45 mln tons of crude oil, which is 5% lower against the similar period of the previous year. The gas production volume for the reporting period made 411.1 mln m3, thus decreasing by 3.2% as compared …
Minister: Kazakhstan to start oil production at Kashagan field by October 2013
Commercial oil production at Kashagan oil and gas field in Kazakhstan will start no later than October of 2013 and perhaps even earlier, Kazinform reported with the reference to Kazakh Oil and Gas Minister Uzakbai Karabalin. “In general, the project is ready for 98 percent. We examined the readiness of …
Half-Year Results Were Summarized at Taneco
The employees’ meeting on the results of the first half of 2013 was held at the “TANECO” Refinery and Petrochemical Plants Complex with participation of Nail Maganov, First Deputy General Director of JSC TATNEFT and Chairman of the Board of Directors of JSC “TANECO”. A total amount of 3,794,521 tons …
Weatherford Successful Performed Microseismic Monitoring at Kogalymskoe Oilfield Owned by Lukoil-AIK
Weatherford implemented the first microseismic monitoring operation during a frac job at LUKOIL-AIK asset. It was performed while four-stage fracturing in a horizontal well at Kogalymskoe field. Microseismic control was carried out by Weatherford’s Wireline PL while intensification with array consisting of 8 digital three-component geophones installed in the deviated …
Exillon Energy: Updates on EWS and ETP Wells
Exillon Energy plc, a London Premium listed independent oil producer with assets in two oil-rich regions of Russia, Timan-Pechora and West Siberia, today issues a drilling update. Production Expectations We intend to give an update on our production expectations for 2013 along with our H1 reviewed financial results. These are …
North Caspian Operating Company Introduces Sweet Gas into Offshore Facilities
The North Caspian Operating Company BV (NCOC) has announced the introduction of sweet gas into the offshore facilities on the artificial D Island and the lighting of the flare on July 14, a further major milestone in the startup of the Kashagan oil field, located 80 km southeast of Atyrau, …