Novatek: Natural Gas Production Up 2.3%, Gross Liquid Production Up 21.9%
OAO NOVATEK reported today preliminary production data for the third quarter and nine months 2014. In the third quarter 2014, NOVATEK’s gross production totaled 15.58 billion cubic meters (bcm) of natural gas and 1,535 thousand tons of liquids (gas condensate and crude oil). Gross natural gas production increased by 1.05 …
Tatneft: Results for the First 9 Months of 2014
Crude Oil Production In September the amount of 2,161,272 tons of crude oil or 100.6 percent versus September 2013 was produced at JSC TATNEFT, while the production since the beginning of the year amounted to 19, 602,785 tons, which was 84,456 tons more than in 2013 (100.4%). The amount of …
Zoltav Resources: Bortovoy Licence – New Gas Field Increases West Gas Plant Production
Zoltav, the CIS-focused oil and gas exploration and production company, provides an operational update regarding the Bortovoy Licence in the Saratov Oblast of the Russian Federation. Zoltav’s main priority since the acquisition of the Bortovoy Licence in June 2014 has been to restore the Western Gas Plant to its full …
Verkhnechonskneftegaz: Achieves Record Daily Oil Output
OAO Verkhnechonskneftegaz finished construction of oil treatment plant (UPN-1), as a result its daily oil output reached 22.5 thousand tons. This is the highest rate of the Verkhnechonskoye field since the start of its commercial operation. The reconstruction of UPN-1 allowed boosting the plant’s capacity by 25% – up to …
Lukoil Brings the Imilorskoye Field in Western Siberian Into Operation
Arkady Dvorkovich, Deputy Chairman of the Russian Federation Government, and Vagit Alekperov, OAO LUKOIL President, participated in the official commissioning of Imilorskoye Field today. As part of the operations at the Imilorsko-Istochny license block, construction has thus far included several dozen kilometers of pipelines, site-access roads, power-transmission lines, a 74-meter …
Surgutneftegas: Production Up 9% yoy
In January-September 2014, Surgutneftegas produced 45,916.7 thousand tonnes of crude oil. For the year to date, crude output in the Republic of Sakha (Yakutia) equaled 5,702.3 thousand tonnes, 6% up versus nine months of the last year. In January-September 2014, overall gas production amounted to 6,942.8 million cubic meters. For …
SLC-Group Delivered New Directional Well for Rosneft on Olkhovskoe Oilfield
New directional well # 2514 was drilled on Olkhovskoe oilfield for ROSNEFT oil company with the using of the top drive system DQ50B, which was set on the drilling rig ZJ-50 DB. The well length was 3741 m. Performance of the top drive had the following maximum values: rotation speed …
Eastern Development Center of Uvat Project Produced the 30-millionth Ton of Oil
Rosneft subsidiary Uvatneftegaz produced the 30-millionth ton of oil at Eastern Development Center of Uvat project. Record keeping has been carried out since the beginning of the development of the Urnenskoe and Ust-Tegusskoe fields in 2007. Eastern Development Center is the primary center for Uvat project, and is indicative of …
Efficient Technologies of TatNIPIneft
TatNIPIneft experts have developed a technology of reinforced polymer systems application. The engineering development is applied to increase oil recovery and reduce water in-flow in producing wells. The development is designed to align the profile of injectivity of injection wells and limiting water flow into producing wells. The mechanism of …
Gazprom Neft Continues Independent Studies of Shale Oil Deposits
Gazpromneft-Khantos has started drilling the first horizontal well to explore the Bazhenov complex of the Palyanovsky deposit at the Krasnoleninsky field. This marks a new stage in Gazprom Neft’s study of shale oil deposits* at the field. The depth of the first well exceeds 3,200 metres and the horizontal borehole extends …