Caspian Sunrise: Sidetracking and Well Service Ops Progressing Well, Well Pads Under Construction
BNG Operational Update Deep Well 8 Deep Well A8 is the third deep well drilled on the Airshagyl structure and the fourth deep well in total on the BNG Contract Area. Previous announcements referred to the existence of a 159 meter carbonate interval, of which 52.5 meters is of porous …
OPEC Daily Basket Price: Friday, 27 September 2019, Stood at $62.51 a Barrel
Vienna, Austria, 30 September 2019–The price of OPEC basket of fourteen crudes stood at $62.51 a barrel on Friday, compared with $62.31 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), …
PetroNeft: H1-2019 Interim Results
PetroNeft an oil & gas exploration and production company operating in the Tomsk Oblast, Russian Federation, and 50% owner and operator of Licences 61 and 67 is pleased to report its results for the 6 months ended 30 June 2019. Highlights Gross production from Licence 61 in H1 2019 was …
Kazakhstan Considers $1 Billion Gas Plant with Kashagan Partners
NUR-SULTAN (Reuters) – Kazakhstan and a consortium of oil majors developing the giant Kashagan oil and gas field are considering building a $1 billion gas processing plant nearby, Kazakh Deputy Energy Minister Murat Zhurebekov told Reuters on Thursday. The Central Asian nation has given up the idea of building a …
Epsilon Receives 1 Million Cubic Meters of Gas Inflow Per Day at Nazarkuduk-4 Well (Video)
On September 26 at 00:30, after hydraulic fracturing at the Nazarkuduk-4 well, a gas inflow of 1 million cubic meters per day was received. As the press service of the company reports, the gas production is intended for the domestic market. Follow Kun.uz to stay up-to-date with current events
Novatek Says It Has Enough Gas For Third LNG Plant In Russia
Russia’s largest independent natural gas producer, Novatek, expects its recently added gas field licenses will provide enough gas to warrant the construction of a third large liquefied natural gas (LNG) plant in Russia, Novatek’s chief executive Leonid Mikhelson said on Thursday. Novatek will have “the necessary resource base for another LNG project …
OPEC Daily Basket Price: Thursday, 26 September 2019, Stood at $62.31 a Barrel
Vienna, Austria, 27 September 2019–The price of OPEC basket of fourteen crudes stood at $62.31 a barrel on Thursday, compared with $62.35 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: Record Oil Flow Rate Well Completed at the Yarudeyskoye Field
PAO NOVATEK announced today, that Yargeo, NOVATEK joint venture, successfully completed well number 68 targeting the Jurassic layers at the Yarudeyskoye field, utilizing a horizontal length of 1,068 meters as part of the well construction design. Initial daily well flow rate amounted to 1,010 tons, representing the field’s best well …
OPEC Daily Basket Price: Wednesday, 25 September 2019, Stood at $62.35 a Barrel
Vienna, Austria, 26 September 2019–The price of OPEC basket of fourteen crudes stood at $62.35 a barrel on Wednesday, compared with $63.93 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, Mitsui O.S.K. Lines and JBIC Signed Cooperation Agreement
PAO NOVATEK Mitsui O.S.K. Lines, Ltd. (MOL) and Japan Bank for International Cooperation (JBIC) signed a Cooperation Agreement confirming the parties’ intentions to implement projects for the construction of a marine LNG transshipment complexes in the territory of Kamchatka and Murmansk region, including possible acquisition of participation interest in Projects …