Vankorneft Increases Scope of Geological Exploration Works to Provide Increment of Recoverable Reserves
In 2014, Vankorneft (Rosneft subsidiary) is planning to carry out the highest scope of geological exploration works during the 10 years of its operation. The works will be focused on oil and gas reserves increment, increase of the resource base and preparation of discovered fields for development. Prospecting and exploratory …
Varyeganneftegaz is Implementing the Program Aimed at Completion of Gas Reservoirs Study
Varyeganneftegaz (Rosneft subsidiary) starts implementation of Phase I of industrial experiment works aimed at completion of gas reservoirs study at the licensed blocks in Khanty-Mansiysk Autonomous District. The major activities will be focused on the Van-Yoganskoe and Severo-Varyeganskoe fields. Under the results of the geological exploration, which is detailed 3D …
KMG EP Reserves Update as at 31 December 2013
JSC KаzМunaiGas Exploration Production (“KМG EP” or the “Company”) announces the results of the reserves audit as at 31 December 2013 performed by the independent consultant Miller and Lents, Ltd. (“MLL”) at Ozenmunaigas JSC (“OMG”), Embamunaigas JSC (“EMG”), and Ural Oil and Gas LLP (“UOG” where KMG EP holds a …
Rosneft Confirm Senior Delegations for the UOR Technology Conference
Rosneft have confirmed they will be sending senior delegations to the UOR, Unconventional Oil Russia Technology Conference. To date Rosneft’s Reservoir Management, Oil and Gas Services and Oil and Gas Production departments will be sending significant teams, with more possibly to follow. Taking place in May 2014 at the Kempinski …
Shelton Petroleum AB: Shelton Petroleum Comments on the Notice to EGM
Shelton Petroleum yesterday gave notice to an extraordinary general meeting to be held 2 May 2014. Shelton Petroleum has received three requests from Petrogrand to give notice to an EGM. These requests are partly not valid and have partly been withdrawn by Petrogrand. Shelton Petroleum issues this press release in …
Surgutneftegas Confirm Delegation for the UOR Technical Conference
Surgutneftegas have confirmed they will be sending a delegation to the UOR, Unconventional Oil Russia Technology Conference. Taking place in May 2014, the Unconventional Oil Russia Technical Conference, UOR, will become Russia’s leading forum on technology adoption and implementation for the development of unconventional, tight oil and shale oil plays. To visit the event site please click here
NOVATEK Reports Preliminary Operating Data for First Quarter of 2014
NOVATEK reported today preliminary operating data for the first quarter 2014. In the first quarter 2014, NOVATEK’s gross production totaled 15.71 billion cubic meters (bcm) of natural gas and 1,370 thousand tons of liquids (gas condensate and crude oil), resulting in a decrease in natural gas production by 2.4% and …
The Kara-Winter-2014 Ice Expedition Has Started Field Studies in the Artic Zone
The Kara-Winter-2014 Expedition organized by the Arctic Research and Design Center (a joint venture of Rosneft and ExxonMobil) with expert support from the Arctic and Antarctic Research Institute Federal State Budget Institution left the Port of Murmansk on board the Yamal Ice-Breaker. This is going to be the largest ice …
Rosneft is Successfully Developing Exploration Drilling Program for 2014
Rosneft has succeeded at exploration drilling for 100 % up to the end of the first quarter of 2014. During the test for all exploration wells commercial inflows of hydrocarbons were obtained, which means the high efficiency of Exploration drilling program for the year 2014. The most important results were …
Operating Results for Three Months of the Current Year
In January-March 2014, Surgutneftegas produced 15,106.7 thousand tonnes of crude oil. For the year to date, crude output in the Republic of Sakha (Yakutia) equaled 1,813.8 thousand tonnes, 4% up versus three months of the last year. In January-March 2014, overall gas production amounted to 2,362.2 million cubic meters. For …