Exillon Energy plc: June Production Report
Exillon Energy plc, a London Premium listed oil producer with assets in two oil-rich regions of Russia, Timan-Pechora and West Siberia, is pleased to announce unaudited production data for the month of June 2019. · Our average daily production[1] was 11,857 bbl/day during the period. · Average daily production for Exillon TP was 2,230 bbl/day, and …
OPEC Daily Basket Price: Tuesday, 23 July 2019, Stood at $63.92 a Barrel
Vienna, Austria, 24 July 2019–The price of OPEC basket of fourteen crudes stood at $63.92 a barrel on Tuesday, compared with $64.27 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 …
OPEC Daily Basket Price: Friday, 19 July 2019, Stood at $62.93 a Barrel
Vienna, Austria, 22 July 2019–The price of OPEC basket of fourteen crudes stood at $62.93 a barrel on Friday, compared with $63.10 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 …
NOVATEK Closes Arctic LNG 2 Transaction
PAO NOVATEK today announced the closing of the sale of participation interests in Arctic LNG 2 Project to wholly owned subsidiary of China National Petroleum Corporation (“CNPC”), wholly owned subsidiary of CNOOC Ltd. (“CNOOC”), and the consortium of Mitsui & Co and Japan Oil, Gas and Metals National Corporation (“Japan …
OPEC Daily Basket Price: Thursday, 18 July 2019, Stood at $63.10 a Barrel
Vienna, Austria, 19 July 2019–The price of OPEC basket of fourteen crudes stood at $63.10 a barrel on Thursday, compared with $64.60 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 …
OPEC Daily Basket Price: Wednesday, 17 July 2019, Stood at $64.60 a Barrel
Vienna, Austria, 18 July 2019–The price of OPEC basket of fourteen crudes stood at $64.60 a barrel on Wednesday, compared with $66.13 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 …
Volga Gas: Operational Update
Volga Gas plc, the oil and gas exploration and production group operating in the Volga Region of Russia, is providing the following update on its operations on its Vostochny Makarovskoye (“VM”) field. As previously announced, most recently on 20 May 2019 a sidetrack, on the VM#2 well, was completed on …
OPEC Daily Basket Price: Monday, 15 July 2019, Stood at $66.79 a Barrel
Vienna, Austria, 16 July 2019–The price of OPEC basket of fourteen crudes stood at $66.79 a barrel on Monday, compared with $67.36 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 …
Petrosibir: Production Report for June 2019
Petrosibir’s total oil production during June 2019 amounted to 30,905 barrels, equivalent to 1,030 barrels per day. The table below summarises the average monthly / daily production in 2019 and 2018, broken down by region. 2018 2019 Average Jan Feb Mar Apr May Jun Total production Bashkiria 12 916 11 …
New High-Strength “Fishbone” Well Built at Gazprom Neft’s Vostochno-Messoyakhskoye Field
Messoyakhaneftegaz has successfully completed construction of a new high-tech horizontal well at the Vostochno-Messoyakhskoye field — the Drilling Difficulty Index (DDI) of this well being among the highest in the industry. The well is of “fishbone” construction,* with eight side-tracks. This technology means as many disparate areas as possible of the main productive strata at this Arctic field can be brought into production, increasing …