LUKOIL Tests New Well Completion Technique After Frac Job
LUKOIL has successfully tested an open hole technology at its fields in the Komi Republic and West Siberia. The new method has been tested at Vozeyskoe, Usinskoye, Kyrtaelskoye, Potochnoye and Povkhovskoye fields, where hydraulic fracturing is used to stabilize hydrocarbons production and stimulate wells. Equipment used for the open hole …
OPEC Daily Basket Price: Monday, 13 July 2020, Stood at $43.38 a Barrel
Vienna, Austria, 14 July 2020–The price of OPEC basket of thirteen crudes stood at $43.38 a barrel on Monday, compared with $43.46 the previous Friday, according to OPEC Secretariat calculations. (View Archives). The OPEC Reference Basket of Crudes (ORB) is made up of the following: Saharan Blend (Algeria), Girassol (Angola), Djeno (Congo), …
Zoltav Resources Inc.: Loan Agreement with ARA Capital Holdings Limited
Zoltav, the Russia-focused oil and gas exploration and production company, announces that the Company has entered into a loan agreement with ARA Capital Holdings Limited under which ARA Capital Holdings Limited has provided a revolving loan facility for up to US$9,000,000 (the “Loan”). ARA Capital Holdings Limited is the parent …
2020 OPEC Annual Statistical Bulletin
Mohammad Sanusi Barkindo, OPEC Secretary General. It is my great pleasure to introduce this 55th edition of the Annual Statistical Bulletin (ASB). First published in 1965, the ASB is one of OPEC’s flagship publications… To download the full report CLICK HERE
Petrosibir: Production report for June 2020
Petrosibir’s total oil production during June 2020 amounted to 37,218 barrels, equivalent to 1,241 barrels per day. The table below summarises the average monthly / daily production in 2020 and 2019, broken down by region. 2019 2020 Average Jan Feb Mar Apr May Jun Total production Bashkiria 10 469 10 …
OPEC Daily Basket Price Stood at $43.46 a Barrel Friday, 10 July 2020
Vienna, Austria, 13 July 2020–The price of OPEC basket of thirteen crudes stood at $43.46 a barrel on Friday, compared with $43.31 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), Girassol (Angola), Djeno (Congo), …
NOVATEK Reports Preliminary Operating Data for the Second Quarter and First Half 2020
PAO NOVATEK (“NOVATEK” and/or the “Company”) reported today preliminary operating data for the second quarter and first half 2020. In the second quarter 2020, NOVATEK’s hydrocarbon production totaled 145.3million barrels of oil equivalent (boe), including 18.50 billion cubic meters (bcm) of natural gas and 2,920 thousand tons of liquids (gas …
OPEC Daily Basket Price: Thursday, 9 July 2020, Stood at $43.31 a Barrel
Vienna, Austria, 10 July 2020–The price of OPEC basket of thirteen crudes stood at $43.31 a barrel on Thursday, compared with $43.44 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), Girassol (Angola), Djeno (Congo), …
OPEC Daily Basket Price: Wednesday, 8 July 2020, Stood at $43.44 a Barrel
Vienna, Austria, 9 July 2020–The price of OPEC basket of thirteen crudes stood at $43.44 a barrel on Wednesday, compared with $43.15 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), Girassol (Angola), Djeno (Congo), …
Caspian Sunrise PLC: Directors Dealings and Salary & Fee Sacrifices
In order to support and preserve cash for the Company’s drilling operations the Company’s directors have agreed to subscribe for a total of 8,938,570 ordinary shares in the Company (“Consideration Shares”) in lieu of a combination of accumulated pay, deferred pay and expenses. Accordingly, the Company is pleased to announce …