Caspian Sunrise PLC: BNG Update and December Production
The Board of Caspian Sunrise is pleased to update the market with developments at its BNG Contract Area, including further progress at Deep Well A5, together with the December 2019 production numbers. Deep Well A5 As previously announced, after perforation of a 63 meter interval between 4,331 meters and 4,394 …
OPEC Daily Basket Price: Tuesday, 7 January 2020, Stood at $69.62 a Barrel
Vienna, Austria, 8 January 2020—The price of OPEC basket of fourteen crudes stood at $69.62 a barrel on Tuesday, compared with $70.89 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), …
Petrosibir: Operational Summary 2019
As we are approaching the year end, we would like to summarise the Company’s key events and achievements in year 2019. As reported earlier in the fourth quarter of 2018 the Company successfully re-entered the old Soviet well #141 on the Aysky licence. Following the re-entry the well flowed a …
Caspian Sunrise: News Alert
BNG success at Deep Well A5 The Board of Caspian Sunrise is pleased to update the market with progress at Deep Well A5, on the Airshagyl structure at the from the Company’s flagship BNG Contract Area. Deep Well A5 As previously announced the side-track from a depth of 3,796 meters …
OPEC Daily Basket Price: Monday, 6 January 2020, Stood at $70.89 a Barrel
Vienna, Austria, 7 January 2020—The price of OPEC basket of fourteen crudes stood at $70.89 a barrel on Monday, compared with $69.39 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), …
Volga Gas plc: Production Report For December 2019
Volga Gas plc, the oil and gas exploration and production group operating in the Volga Region of Russia, is pleased to provide the following update on its average production volumes for December 2019 and for the full year 2019. Production Report The average production in December 2019 was 4,505 barrels of oil equivalent per day …
NOVATEK Obtains the Bukharinskiy License Area
PAO NOVATEK (“NOVATEK” and/or the “Company”) announced today that Arctic LNG 1, a wholly owned subsidiary, won the auction for geological survey, exploration and production license for the Bukharinskiy subsoil license area located on the Gydan Peninsula and partly in the shallow waters of the Ob and Taz bays in the …
OPEC Daily Basket Price: Thursday, 19 December 2019, Stood at $67.93 a Barrel
Vienna, Austria, 20 December 2019–The price of OPEC basket of fourteen crudes stood at $67.93 a barrel on Thursday, compared with $67.77 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 Launches the North-Russkoye Field
PAO NOVATEK announced that NOVATEK-Tarkosaleneftegas, a wholly owned subsidiary, commenced pilot production at the North-Russkoye field, with estimated annual production capacity of 5.7 billion cubic meters of natural gas and 700 thousand tons of gas condensate. The North-Russkoye field is the first launch of the North-Russkiy block of fields, which …
Rosneft Increases Resource Base of Verkhnechonskoye Field
Rosneft has increased the resource base of the Verkhnechonskoye oil and gas condensate field (within the Verkhnechonskoye licence area) by 51.8 million tonnes of oil and condensates in the AB1B2 category and by 66.4 bcm of gas in the B1B2 category. The remaining recoverable reserves of the field have increased …