80 Wells Will Be Drilled in Kazakhstan in 2024 to Search for Oil
According to Vice Minister of Energy Askhat Khasenov, it is planned to drill 80 prospecting and exploration wells in Kazakhstan in 2024, a Kazinform agency correspondent reports. He explained that, given the annual decline in oil production at the fields of the Kyzylorda region, in 2024, drilling of a deep …
Hibiscus Oil & Gas Malaysia Has Explored New Oil Reserves Offshore Malaysia
Hibiscus Oil & Gas Malaysia (a subsidiary of Hibiscus Petroleum Berhad) has successfully completed the drilling of the Bunga Aster-1 exploration well on the Malaysian continental shelf. This was reported by the press service of Hibiscus Petroleum. Well Bunga Aster-1 found: oil sandstone deposits in the interval of about 17.5 …
Triangle Energy is Preparing to Drill Its First Well in 30 Years in Western Australia’s Perth Basin
Triangle Energy Global is set to begin drilling Booth-1, its first well in the Perth Basin in Western Australia. The company’s press service reported this on April 18, 2024. The company notes that the lease contract for the Ventia 106 drilling rig has been signed, all necessary approvals have been …
Novatek Began Production at the Severo-Chaselskoye field in the Yamal-Nenets Autonomous Okrug
The annual production level will exceed 3 billion cubic meters of natural gas. Novatek has begun production at the Severo-Chaselskoye field in the Yamalo-Nenets Autonomous Okrug. The annual production level at the field will exceed 3 billion cubic meters of natural gas and 0.1 million tons of gas condensate per year, …
Tatneft Imports Replacement IT Service Platform
Tatneft – Digital Development (TNDD) will implement the domestic service platform Elma365 to replace the foreign Creatio. This was reported by cnews.ru. TNDD, as a service platform operator, provides corporate services to the TATNEFT Group in terms of IT and a common service center. The department works with a large …
IDS Group Asset Sells Property in Yamalo-Nenets Autonomous Okrug and Khanty-Mansi Autonomous Okrug for 485 Million
Part of the Intellect Drilling Services equipment is located in Nizhnevartovsk and Novy Urengoy. The bankruptcy trustee of Intellect Drilling Services LLC (Moscow) put the company’s property up for bankruptcy auction. A significant part of the assets is located in the Yamal-Nenets Autonomous Okrug and Khanty-Mansi Autonomous Okrug. The total …
Biden Will Not Give New Hydrocarbon Areas in Alaska
In the national park in Alaska, it will no longer be allowed to extract oil and gas, as well as metals, but this does not apply to the scandalous ConocoPhillips project. The US President issued a decree according to which the lease of new hydrocarbon areas in the Arctic National …
Belarusian Oilmen Set an Absolute Record in the Development of Unconventional Reservoirs
The record level was set on April 23 at the Rechitsa field, where the team worked for 33.1 days. According to the Center for Geological and Technological Support for Well Drilling at NGDU Rechitsaneft, well No. 446 was completed here. “Its target object was a pack of intersalt productive deposits. …
Italian Eni and British Ithaca Energy Combine Assets in the UK
Italian oil and gas company Eni SpA said it has signed an agreement with Britain’s largest independent oil and gas company Ithaca Energy plc to combine virtually all of its upstream assets in the UK, excluding those in the East Irish Sea and CCUS. The combination is financed by the …
Russia Increased Gas Production in the First Quarter by 10.6%
The production of liquefied natural gas in January – March 2024 amounted to 9 million tons, according to Rosstat data. In the first quarter of 2024, Russia increased natural gas production by 10.6% compared to the same period of the previous year, to 164 billion cubic meters. This follows from …