Gazprom Provides Russians with Record Volumes of Gas for July
Since July 1, gas supplies from the Unified Gas Supply System (UGSS) of Russia have been higher than the maximum figures for this month in all previous years on a daily basis. A new historical record of 688.8 million cubic meters was recorded on July 4. It should be noted …
The Belorusneft Well Stock Was Replenished with 36 New Objects in the First Half of the Year
In January – June, Svetlogorsk drillers drilled 119,521 m of rock. Thus, in June, drilling of 7 new wells was completed – 4 at the Rechitsa field, one each at the Beskopylnovskaya, Vishanskaya, Ostashkovichskaya areas. In June, the team of the rig assembly department handed over four assembled drilling rigs …
Alaska Will Sue Due to Lost Revenues from Oil and Gas Sections
Alaska filed a lawsuit in court, demanding compensation due to loss of income that arose as a result of withdrawal by the federal authorities for the lease of oil and gas plots concluded under the administration of the former president D. Trump. The staff published the corresponding claim document. The …
Sale of Eni and Equinor’s Onshore Assets in Nigeria Is Approved
The Nigerian Petroleum Regulatory Commission (NUPRC) has given the green light for the sale of Eni and Equinor assets to Nigeria’s Oando. The deals had been pending for months as they required approval from the Minister of Petroleum under the recently passed Petroleum Act. Approvals for ExxonMobil’s $1.3 billion sale …
KazMunayGas Introducing New Technologies to Increase Oil Production Rate at Brownfields
KazMunayGas (KMG) discussed the implementation of measures of the roadmaps for technological challenges at the company’s fields. The KMG press service reported this on June 30, 2024. Hard-to-recover reserves The main difficulties at KMG’s mature fields are associated with the development of hard-to-recover reserves (HTR). Currently: The roadmap of technological …
Kazakhstan to Compensate for Excess Oil Production Volumes by September 2025
The Ministry of Energy of the Republic noted that the country has prepared a detailed compensation plan. Kazakhstan is committed to the OPEC+ agreement and intends to compensate for excess oil production volumes by September next year. This was reported by the press service of the Ministry of Energy of …
KazMunayGas is Implementing New Technologies to Increase Average Daily Production Rate at Mature Fields
KazMunayGas (KMG) discussed the implementation of measures of the roadmaps for technological challenges at the company’s fields. This was reported by the KMG press service on June 30, 2024. Hard-to-recover reserves The main difficulties at KMG’s mature fields are associated with the development of hard-to-recover reserves (HTR). The roadmap of …
CNOOC Puts Wushi 23-5 Oil Field Into Operation
Chinese oil and gas giant China National Offshore Oil Corporation (CNOOC) has put the Wushi 23-5 oil field in the South China Sea into operation. This was reported by the company’s press service. Wushi 23-5 The company notes that this project is the first full-scale oil field of “green” design …
In the Yamal-Nenets Autonomous District They Figured Out How to Extract Hard-to-Recover Gas at the Medvezhye field
The Gazprom Dobycha Nadym company has found opportunities to extract gas reserves at the Medvezhye field in the Yamal-Nenets Autonomous District. Several exploration and prospecting wells have been drilled in the Senonian deposits. The most promising of them will be launched in test mode by the end of the year, …
China Will Begin Searching for Oil and Gas at a Depth of 10 km
China is creating a new organization that will unite national oil producers and other state-owned companies to search for ultra-deep oil and gas reserves, as well as the production of other hard-to-recover reserves, CNPC said, whose statement was cited by Reuters. This is in response to President Xi Jinping’s call …