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TNK BP: Unconventional Sources of Hydrocarbons: Shale Bubble or Shale Revolution?

For the last several years, the topic of unconventional hydrocarbon resources development has become increasingly popular across the globe. It is also a controversial topic, with opinions ranging from euphoric announcements of a “shale revolution” to highly sceptical expert reviews characterizing that phenomenon as a “shale bubble”. If a company …

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Exploring for Shale ‘Sweet Spots’

David Bamford, bamford_windward@hotmail.com Not a week seems to go by nowadays without an international ‘deal’ for the exploration for unconventional resources being announced in the ‘trade press’. So, for example, Exxon and Rosneft are about to start exploring the Bazhenov shale in Russia, Ukraine and Shell have just announced a …

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VNIIGAZ: The Fundamental Problems of Basin and Oil and Gas Formation Creation

D. A. Astafiev  LLC «Gazprom VNIIGAZ» The growing demand for hydrocarbon fuels in many of the world’s developed and developing countries as well as the gradual depletion of hydrocarbon reserves in the relatively accessible and developed regions is forcing oil and gas companies to diversify their petroleum exploration efforts in …

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TNGG: Structure and Stratification of Triassic-Jurassic Formations in the Northern Part of Western Siberia: Part 2

A.A. Nezhdanov, V.V. Ogibenin, M.V. Melnikova, A.S. Smirnov, LLC “TyumenNIIgiprogaz” FOR PART ONE PLEASE CLICK HERE The transition from the well data to the seismic data requires obtaining the information about the seismic wave’s distribution speed in the deep horizons of the mantle. Due to the anomalously high formation pressure …

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JSC KazMunaiGas Exploration Production 2012 Financial Results

JSC KazMunaiGas Exploration Production announces its consolidated financial statements for the year ended December 31, 2012. Revenues of 797bn tenge (US$5,346m)1, which is 11% higher than 2011 mainly due to higher export volumes and higher domestic prices. Net profit of 161bn tenge (US$1,079m) and earnings per share of 2,320 tenge …

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Oiltech Atyrau Conference returns to West Kazakhstan

The Atyrau Regional Petroleum Technology Conference (Oiltech Atyrau) returns for its 7th edition on 16 – 17 April 2013 at the Renaissance Hotel in Atyrau, Kazakhstan. Oiltech Atyrau is a technical oil and gas conference focusing on multi-billion dollar projects, including the petrochemical plant in Northern Karabatan; developing local content; …

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Yury Spektor Promoted to General Director of Gazprom Promgaz

Yury Spektor was elected as Director General of Gazprom Promgaz. Yury Spektor was born in 1960 in Ufa. He graduated from Ufa Oil Institute, majoring in Construction of Gas and Oil Pipelines, Gas and Oil Storages. Yury Spektor is a Doctor of Engineering, Professor. Yury Spektor Between 1981 and 2001 he was engaged in teaching and scientific research in Ufa State Petroleum Technological University. …

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Alliance Oil Operational Update for February 2013

Alliance Oil Company’s average daily oil and gas production for February 2013 amounted to 57,790 barrels of oil equivalent (boepd). From February 2013, reported production volumes include consolidated production and equity interests in non-consolidated production. Preliminary average refining volumes at the Khabarovsk refinery amounted to 85,898 barrels of oil per …

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Max Petroleum Drilling Update

Max Petroleum Plc, an oil and gas exploration and production company focused on Kazakhstan, is pleased to announce that it has commenced drilling the ZMA-A22 development well in the Zhana Makat Field on Block E using Zhanros Drilling’s ZJ-20 rig. Total vertical depth of the well will be approximately 1,338 …

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Boskalis Acquires EUR 70 Million Dredging Contracts in Australia and Vietnam

Royal Boskalis Westminster N.V. (Boskalis) has acquired dredging contracts in Australia and Vietnam with a combined contract value of approximately EUR 70 million. In Melbourne, Australia, Boskalis has been awarded the dredging contract for maintenance dredging. The contract was awarded by the Port of Melbourne Corporation and is for a …

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