Exillon Energy: July Production Report
Exillon Energy plc, a London Premium listed oil producer with assets in two oil-rich regions of Russia, Timan-Pechora (“Exillon TP”) and West Siberia (“Exillon WS”), is pleased to announce unaudited production data for the month of July 2018 (“the Period”). · Our average daily production[1] was 8,801 bbl/day during the period. · Average daily production for …
Rospan International: Sets Fracturing Record – Proppant Use Cut in Half
Rospan International, a subsidiary of Rosneft, conducted a record hydrofracturing operation (fracturing) – with the use of pulsating injection – 550 tons of proppant, equivalent to 1000 tons by traditional technology, were supplied for 10.5 hours. The operation was carried out at the East Urengoy license area as part of a …
PetroNeft: Drilling Update C-4 Well
PetroNeft (AIM: PTR) an oil and 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 announce that it has successfully cored, logged and open-hole tested the J1-1 and J1-3 intervals of the Cheremshanskoye No.4 (C-4) well in …
OPEC Daily Basket Price: Monday, 27 August 2018, Stood at $74.09 a Barrel
Vienna, Austria, 28 August 2018–The price of OPEC basket of fifteen crudes stood at $74.09 a barrel on Monday, compared with $74.02 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), …
Tatneft Published its IFRS Consolidated Interim Condensed Financial Statements for the Three and Six Months Ended 30 June 2018
PJSC Tatneft (the “Company”) announces today that it published on its web-site (http://www.tatneft.ru/?lang=en) the unaudited consolidated interim condensed financial statements (the “Financial Statements”) for the three and six months ended 30 June 2018 prepared in accordance with International Financial Reporting Standards (“IFRS”) and the related Management Discussion and Analysis of …
Petrosibir AB: Interim report January – June 2018
January – June 2018 Total revenue: SEK 32 (20) million Operating result: SEK 4 (-2) million Result from equity investment SEK 7 (6) Net result: SEK 11 (4) million Earnings per share: SEK 0.36 (0.12) Stockholm, 24 August 2018 Jan-Jun 2018 2017 Total production, bbl Bashkiria Komi Total barrels Average …
CEBRA: KCBC Energy Conference – September 25th
The Canada Eurasia Russia Business Association (CERBA) would like to invite you to the Kazakhstan Canada Business Council Energy Conference to take place on Tuesday, September 25, 2018. A trade mission of 14 Canadian companies – KIOGE 2018 exhibitors(the list will be provided with the next reminder) are visiting Almaty from a range of sectors: …
Gazprom Neft: Launches Long Life Equipment for Injection Wells
The Gazprom Neft Scientific and Technical Center together with specialists from Gazpromneft-Khantos and Russian companies have developed a set of engineering solutions to create long-life injection wells. According to preliminary calculations, the service life of new equipment without repair is up to 15 years, which is 4 times higher than traditional indicators. The increase in …
Russia: In Third Place for Worldwide Oil Production
Russia in June fell to the third line in terms of oil production from 10.487 million barrels per day, losing to the United States and Saudi Arabia. This is evidenced by the data of the organization “Joint Initiative on Oil Statistics” (JODI). JODI maintains statistics on oil production since 2002. …
The Minerals Extraction Rate in the Tyumen Region was 108% in the Last 10 Years
The indicator of extraction of minerals in the Tyumen region for ten years has made 108%. This was reported in the press service of the governor of the region. The importance in the sphere of providing services in the field of mining of minerals increased to 136.7%. It should be …