Gazprom Neft: Joins the UN Global Sustainable Development Initiative
Gazprom Neft has become a party to the UN Global Compact, the largest international initiative in the field of sustainable development and corporate social responsibility. The company confirms its intention to integrate the 10 Global Compact principles on human rights, labor relations, environmental protection and anti-corruption into the business strategy, decision-making …
OPEC Daily Basket Price Stood at $37.12 a Barrel Thursday, 29 October 2020
Vienna, Austria, 30 October 2020 – The price of OPEC basket of thirteen crudes stood at $37.12 a barrel on Thursday, compared with $38.42 the previous day, according to OPEC Secretariat calculations. (View Archives). The OPEC Reference Basket of Crudes (ORB) is made up of the following: Saharan Blend (Algeria), …
PetroNeft: Interim Results for the Half Year Ended 30 June 2020
PetroNeft an oil & gas exploration and production company, operating in the Tomsk Oblast, Russian Federation, is please to report its final results for the six months ended ended 30 June 2020. Highlights Gross production from Licence 61 in H1 2020 1,566 bopd (783 bopd net to PetroNeft) Completed construction …
ConocoPhillips: Reports Third-Quarter 2020 Results and Operational Results
ConocoPhillips today reported a third-quarter 2020 loss of $0.5 billion, or ($0.42) per share, compared with third-quarter 2019 earnings of $3.1 billion, or $2.74 per share. Excluding special items, third-quarter 2020 adjusted earnings were a loss of $0.3 billion, or ($0.31) per share, compared with third-quarter 2019 adjusted earnings of …
Gazprom Neft: Specialists Taught Program to Recognize Rocks by Photo
Gazprom Neft has successfully tested a new technology based on machine learning and digital vision for studying rocks at fields in Western Siberia. The project proved the ability to accelerate laboratory analysis of a full-size core by 7 times to make a decision on its further research program. For this, cores are …
Zoltav Resources: Half Year Report for the Six Months Ended 30 June 2020
Zoltav the Russia-focused oil and gas exploration and production company, announces results for the six months ended 30 June 2020. Financial Summary · Revenues declined by 12% to RUB 552 million (USD 8 million) (H1 2019: RUB 624 million (USD 9.6 million)), due mainly to lower gas production and lower oil and condensate prices · Total cost of …
RDCR & KDR: Antoine D’Amore, Well Engineering Manager, Shell Russia Confirmed as Speaker
Antoine D’Amore, Well Engineering Manager, Shell Russia has been confirmed as a speaker at the RDCR & KDR Well Engineering Virtual Forum. His speech title is: The Value of Extended Front End Loading for Complex Drilling – An Example of how Front End Loading is Instrumental in Reducing the Risks …
RDCR & KDR: Martin Rylance, (Frac-Pup) VP GWO Russia, Global Sr. Advisor (Frac & Stim) bp Russia, Confirmed as Speaker
Martin Rylance, (Frac-Pup) VP GWO Russia, Global Sr. Advisor (Frac & Stim) bp Russia has been confirmed as a speaker at the RDCR & KDR Well Engineering Virtual Forum. His speech title is: AICVs – A Russian Case Study in Application, Lessons Learned and General Indicators for Future Application The …
RN-Yuganskneftegaz: Sets a New Record for Daily Production Drilling
Rosneft’s largest oil and gas production company, RN-Yuganskneftegaz, has set a new industry record for daily meterage: 27,542 meters. This figure is 414 m / day higher than the previous record in July 2017. The new milestone was passed with fewer drilling rigs, while the efficiency of the work increased by more …
Orenburgneft: Commissioned Three New Fields
Orenburgneft (part of Rosneft’s perimeter) has brought into commercial development three new fields – Mamalaevskoye, Kornilovskoye and Novosibirsk. The total recoverable reserves of the fields amount to 7.6 million tons of oil. The commissioning of new fields is part of a large-scale development program for the Radovsky, Kornilovsky and Novobogolyubovsky license …