Petrogrand: Combined Fields Produce 58,179 Barrels in September
The total production from the Komi oil fields Dinyu-Savinoborskoe, Sosnovskoe and Yuzhno-Tebukskoye in September 2015 amounted to 58,179 barrels of oil, corresponding to an average of 1,939 barrels of oil per day (an increase of 3 per cent compared to 1,883 barrels of oil per day in August 2015). Petrogrand’s …
Urals Energy: Petrosakh Well #54 Producing at 350 bbls/day, Arcticneft – Wells Shut in Due to Workover
Urals Energy PCL, the independent exploration and production company with operations in Russia, is pleased to provide the following operational update: Petrosakh Further to the update announced on 2 October 2015, the Company announces that production testing at Well #54 at Petrosakh has been completed. The well is flowing at …
Gazprom Dobycha Krasnodar: Appoints Andrey Zakharov as General Director
Andrey Zakharov was elected Director General of Gazprom Dobycha Krasnodar. Andrey Zakharov was born in 1963 in the Volgograd Region. In 1985 he graduated from Millionshchikov Grozny State Petroleum Institute, majoring in Technology and Integrated Mechanization of Oil and Gas Fields. Andrey Zakharov has been employed at Gazprom Group for …
Tethys: Battles Debt Issue with Nostrum Over Bokhtar Withdrawal
Tethys Petroleum Limited announces that it has today received a Notice of Events of Default from Nostrum Oil & Gas PLC (“Nostrum”) in connection with the US$5 million facility agreement between Tethys and Nostrum, dated August 10, 2015 (the “Facility Agreement”). Tethys does not agree with Nostrum’s interpretation of the …
Rosneft Brazil: Completes Solimoes Project Purchase
Rosneft Brasil and Petro Rio S.A. (PetroRio) announce the closing of the Rosneft Brasil transaction to acquire PetroRio’s 55% in the Solimões project. Closing follows formal approval of the transaction by ANP (Agencia Nacional do Petroleo, Gas Natural e Biocombustiveis – Brazil). The finalization of the transaction will lead to …
Gazprom Dobycha Urengoy: Appoint Alexander Koryakin as General Director
Alexander Koryakin is appointed Director General of Gazprom Dobycha Urengoy. Alexander Koryakin was born in Chelyabinsk in 1968. He graduated from Perm Polytechnic Institute in 1992, majoring in Oil and Gas Field Development. Alexander Koryakin has an MBA degree. He has been employed at Gazprom for 22 years. Between 1992 …
LUKOIL’s Associated Petroleum Gas Starts Flowing to Gazprom’s Sosnogorsk GPP
Associated petroleum gas produced from the northern group of fields owned by LUKOIL-Komi started flowing to the Gazprom-owned Sosnogorsk gas processing plant (GPP). APG supplies will enable the loading of available capacities of the Sosnogorsk GPP and will make it possible to utilize efficiently the growing APG production from the …
LUKOIL's Associated Petroleum Gas Starts Flowing to Gazprom's Sosnogorsk GPP
Associated petroleum gas produced from the northern group of fields owned by LUKOIL-Komi started flowing to the Gazprom-owned Sosnogorsk gas processing plant (GPP). APG supplies will enable the loading of available capacities of the Sosnogorsk GPP and will make it possible to utilize efficiently the growing APG production from the …
Tethys Petroleum: Receives Letter to Withdraw From Bokhtar PSC
Tethys Petroleum Limited announces that on October 11, 2015, it received a notice to withdraw from the Joint Operating Agreement and Shareholders Agreement dated June 18, 2013 relating to the Bokhtar PSC in Tajikistan (the “JOA”) and the underlying PSC (the “Contract”) from CNPC Central Asia B.V. (“CNPC”) and Total …
Tethys: Fails to Make Bokhtar Operating Cash Call
Tethys Petroleum Limited announces that it has not made the payment for the September cash call issued by the Bokhtar Operating Company (the “September Cash Call”) in connection with Tethys’ interest in the Bokhtar PSC in Tajikistan (the “Tajik Asset”). As a result, Tethys remains in default of its obligations …