Petrosibir: Production Report for March 2019
Petrosibir’s total oil production in Bashkiria during March 2019 amounted to 35,027 barrels, equivalent to 1,130 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 Total production Bashkiria 12 916 11 884 …
Zoltav Resources: Near-Term Focus is on Bringing Current Reserves into Production
Zoltav, the Russia-focused oil and gas exploration and production company, is pleased to provide an update on strategy and operations at the Bortovoy Licence, Saratov. Western Gas Plant The Western Gas Plant continued to be operated efficiently throughout 2018 with only one, scheduled, 48-hour maintenance shutdown. Average net daily production (sold to …
Gazprom Neft Implements the World’s First Ever Digital Arctic-Logistics Management System
Gazprom Neft has launched the world’s first ever digital Arctic-logistics management system. This innovative project — code-named “Kapitan (Captain)” — has been developed to ensure uninterrupted year-round shipments of all ARCO and Novy Port crude produced, and to improve efficiency in logistics management. The system, developed by specialists at Gazprom Neft, operates under three regimes: long-term and operational …
OPEC Daily Basket Price: Friday, 12 April 2019, Stood at $70.44 a Barrel
Vienna, Austria, 15 April 2019–The price of OPEC basket of fourteen crudes stood at $70.44 a barrel on Friday, compared with $70.41 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: BNG Operational Update
The Board of Caspian Sunrise are pleased to update shareholders with developments at its flagship BNG Contract Area. Shallow wells Production from our shallow wells for March 2019, was in aggregate 44,566 or 1,658 bopd (February 2019 42,913 barrels or 1,533 bopd), with oil sold at an average price of …
RDCR Well Engineering Forum 2019 Continues With Strong Debates
RDCR Well Engineering Forum has been very successful today with 500 delegates enjoying the Roundtable format for discussions. This Operator led show in terms of content has the highest ratio of ‘customers to service providers’ of any oil and gas forum in the FSU.
RDCR 2019 is Underway!
The 7th RDCR Well Engineering Conference at the Kempinski Baltschug is underway! With over 500 delegates all interested in sharing the industries technical innovations and experiences. Mikhail Pustovalov of NOV discussing optimised well completion design at RDCR 2019 using cemented ball drop system. Alexander Zamkovoi, TGT discussing Through-Barrier Diagnostics at …
Aker Solutions and FSubsea to Create FASTSubsea to Boost Subsea Oil Recovery
Multiphase subsea pumping technology has the potential to increase oil recovery rates by more than 20 percent, but cost, space limitations and sometimes complex solutions mean multiphase pumps are installed in fewer than 30 of the world’s 1,500+ offshore fields. With FASTSubsea, this is about to change. The new company …
VOLGA GAS PLC. Results for the year ended 31 December 2018
Volga Gas plc (“Volga Gas”, the “Group” or the “Company”), the oil and gas exploration and production group operating in the Volga region of Russia, is pleased to announce its preliminary, unaudited annual results for the year ended 31 December 2018. During 2018, management’s principal objective was to complete the construction at …
PetroNeft: Initial Thoughts from New Chief Executive Officer
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 provide the initial thoughts from the new Chief Executive Officer David Sturt. “I have now been in my new position as …