RPI: Horizontal Drilling in Russia
Horizontal drilling increased by 80% in both KMAD and East Siberia between 2007-2012. The contribution to incremental drilling was roughly the same in both regions. As a result, horizontal drilling is rising at a steady pace in Russia due to both the development of new fields in greenfield oil producing …
Technology Roundtable: Russia’s Drilling Contractors – EDC, Weatherford, Bashneft Drilling, Eriell Group, IDS and Nabors Russia
1. Could you please describe the capabilities of your rig fleet? Bashneft-Drilling: Our rig fleet is currently located in three oil producing provinces of Russia – the Urals-Volga region, the Khanty-Mansiisk Autonomous Okrug (KhMAO), and the Nenetsk Autonomous Okrug (NAO). Our rig fleet capabilities include: Urals-Volga region Drilling rigs with …
BP Russia: David Campbell Appointed President
BP announced the appointment of David Campbell as President of BP Russia, reporting directly to Bob Dudley, BP Group Chief Executive. Campbell, who is currently Head of the Group Chief Executive’s Office in London, will be based in Moscow. He has 30 years’ experience in BP, in commercial, technical and …
Rosnedra Amends Bashneft’s R. Trebs and A. Titov Fields Licenses
The Federal Subsoil Resources Management Agency (Rosnedra) made amendments to JSOC Bashneft’s licence for geological exploration and production of hydrocarbons within a subsoil area including the R. Trebs and A. Titov oilfields in the Nenets Autonomous District ‘These amendments to the licence for the Roman Trebs and Anatoly Titov fields …
Bashneft: Acquires Burneftegaz
Bashneft Group has gained control over a 100% stake in LLC Burneftegaz, a company conducting exploration and producing oil in the Tyumen District. The transaction had been approved by the Federal Antimonopoly Service. LLC Burneftegaz owns the rights to exploration and development of the Sorovskoye field (the Vostochno-Vuemskiy licence area) …
RITEK: Confirm Two Presentations at the UOR, Unconventional Oil Russia Technology Conference
RITEK have confirmed they will be issuing two presentations at the UOR, Unconventional Oil Russia Technology Conference, to be held on the 14th of May at the Kempinski Baltschug Hotel in Moscow. RITEK will speak in both the drilling and fracing halls at the show. For more info go to …
Offshore Marintec Russia was presented at Gastech-2014
From 24 to 27 March 2014 in Seoul (South Korea) was held the main event of the global gas industry – 27th International Exhibition and Conference GASTECH-2014. The Oil, Gas and Energy projects Division of the Restec Company as a part of the Russian national pavilion presented to Gastech-2014 participants …
Tethys Petroleum: Annual Report
Tethys Petroleum Limited today announced its Annual Results for the year ended December 31, 2013. Corporate Highlights — Completion of a farm-out of 66.66% of the Tajik Bokhtar Production Sharing Contract agreement to subsidiaries of Total Exploration and Production SA and China National Petroleum Corporation for USD63.4 million — Conditional …
Schlumberger Acquires Rock Deformation Research Ltd
Leveraging structural geology knowledge to address practical exploration and development challenges Schlumberger announced today that it has acquired Rock Deformation Research (RDR), a UK-based company specialized in geological software development and structural geology consultancy for the oil and gas industry. By integrating with the Petrel* E&P software platform and Studio* …
EDC Reports 2013 Full Year Results: NET Income up 13%
Eurasia Drilling Company Limited,the leading onshore & offshore drilling service provider in the CIS, today announced its consolidated financial results for the year ended December 31, 2013, prepared in accordance with US GAAP. The audited Consolidated Financial Statements for the twelve months ended December 31, 2013, and Management’s Report on …