2013

The 1st Russian Drilling Contractors Roundtable is pleased to announce that Russia’s largest drilling contractors will be attending the event.  EDC Group and SGK Drilling will be sending a large delegation as the Gold Sponsors.  The Siberian Service Company (SSC), Integra Drilling, Ru Energy  and Burgaz will be sending sizable …

ТNК-ВР reports that in 2013 it will allocate 4.4 bn rubles to implement exploration programs in the Orenburg region. TNK-BP is implementing a large-scale program to stabilize production in brownfields, including Orenburgneft and Buguruslanneft fields that have been developed for more than 75 years and belong to the oldest producing …

Schlumberger announced today the release of the slimhole PowerDrive Archer* high build rate rotary steerable system (RSS). The new RSS delivers build rates of up to 18°/100 feet (ft), with full directional control and dogleg assurance for complex 3D well profiles and multilateral well designs. “The slimhole PowerDrive Archer RSS …

High build rate RSS provides dogleg assurance in carbonate, sand and unconventional reservoirs Schlumberger announced today the release of the slimhole PowerDrive Archer* high build rate rotary steerable system (RSS). The new RSS delivers build rates of up to 18°/100 feet (ft), with full directional control and dogleg assurance for …

Bashneft has completed the establishment of an oilfield service holding company on the basis of LLC Bashneft-ServiceAssets, its wholly owned subsidiary. The Chairman of Bashneft’s Board of Directors Felix Evtushenkov has headed the Board of LLC Bashneft-Service Assets; Kamil Zakirov has been appointed General Director of the company. The oilfield service holding company managed by LLC Bashneft-Service Assets comprises 11 oilfield service organizations with market …

As previously announced, Worldview Capital Management, the manager of a Cayman-registered fund which beneficially owns a stake in Exillon Energy plc, has requisitioned an EGM to vote on a number of proposals to change Exillon’s Board. ·     The Board recommends Shareholders VOTE AGAINST ALL of the Worldview proposals at the …

The Addressable Downhole Switch (ADS) electrically connects or isolates the tool string beneath it, as instructed by the Addressable Downhole Switch Panel (ADSP). It provides a barrier to the accidental application of power to any tool located beneath it, and it can be integrated into a variety of toolstring configurations. …

In 2012, Slavneft managed to increase its C1 recoverable oil reserves by 21.2 mln tons. Over the reporting period, the Company’s subsidiaries produced 17.9 mln tons of oil. Therefore, hydrocarbon reserves replenishment at Slavneft’s license areas amounted to 118%. Total ABC1 remaining recoverable reserves on the books of Slavneft reached …

Technip announces that it has signed two agreements with State Corporation Russian Technologies (Rostec) during the official meeting between François Hollande, President of the French Republic, and Vladimir Putin, President of the Russian Federation, held yesterday in Moscow, Russia. The agreements aim at manufacturing flexible pipes and umbilicals in Russia, …

Unique conical diamond element enhances PDC drill bits for improved drilling performance Smith Bits, a Schlumberger company, announced today the release of its Stinger* conical diamond technology. The Stinger polycrystalline diamond element enables high-point loading to fracture rock more efficiently during drilling for increased rate of penetration (ROP) and durability. …