Urals Energy Public Company Limited: Publication of Reserves Report
Urals Energy (AIM: UEN), the independent exploration and production company with operations in Russia, is pleased to announce the results of its recent reserves report prepared as at 1 January 2014 by Miller and Lents, Ltd. (“Miller and Lents”) in relation to its in Petrosakh and Arcticneft. A summary …
TATNEFT Took a Prize at the ‘Innovations in the Hydrocarbon Sector’ Exhibition
JSC TATNEFT was awarded a Diploma of the Ministry of Energy of the Russian Federation for the “Technology of dual completion and production of two or more layers through one well”. The Company received the prize at the “Innovations in the hydrocarbon sector” exhibition held in the framework of the …
TATNEFT Took a Prize at the 'Innovations in the Hydrocarbon Sector' Exhibition
JSC TATNEFT was awarded a Diploma of the Ministry of Energy of the Russian Federation for the “Technology of dual completion and production of two or more layers through one well”. The Company received the prize at the “Innovations in the hydrocarbon sector” exhibition held in the framework of the …
Sustaining Production Levels in Russian Oil and Gas Fields
Due to take place from 14-16 October 2014 in Moscow, the fifth biennial Society of Petroleum Engineers (SPE) Russian Oil and Gas (ROG) Exploration and Production Technical Conference and Exhibition focuses on sustaining production levels by challenging the limits with technology. This year’s conference agenda covers all major areas of …
Shelton Petroleum: Suyanovskoye Seismic Program Reveals “Promising Structures with Significant Resources”
Shelton Petroleum has collected and analysed 95 kilometers of seismic data on the Suyanovskoye oil field. Three promising structures with estimated recoverable resources of approximately 47 million barrels of oil have been identified. Shelton Petroleum is also conducting a Western independent reserves audit on the producing Rustamovskoye oil field and …
Shelton Petroleum: Suyanovskoye Seismic Program Reveals "Promising Structures with Significant Resources"
Shelton Petroleum has collected and analysed 95 kilometers of seismic data on the Suyanovskoye oil field. Three promising structures with estimated recoverable resources of approximately 47 million barrels of oil have been identified. Shelton Petroleum is also conducting a Western independent reserves audit on the producing Rustamovskoye oil field and …
Urals Energy: 1H Results – Working to Halt Production Decline
Urals Energy, the independent exploration and production company with operations in Russia, is pleased to announce its half-year results for the six months ended 30 June 2014. Operational Highlights Total production at Arcticneft reached 118,958 barrels (H1-2013: 125,651 barrels). Total production at Petrosakh reached 210,435 barrels (H1-2013: 240,533 barrels). Current …
Kirill Molodtsov: Russia Has the Tools to Go it Alone in the Arctic
Russia can continue the drilling the Kara Sea even if the US oil company ExxonMobil drops out the project, Deputy Energy Minister Kirill Molodtsov told reporters Monday reported RIA. There are enough Russian oil rigs to continue the drilling in the Kara Sea, where significant discoveries of petroleum and natural …
ShawCor: Wins $200m Contract for Shah Deniz
ShawCor Ltd. today announced that its Bredero Shaw pipe coating division has received contracts with a value of approximately US$200 million from BP Exploration (Shah Deniz) Limited for pipeline coating and other services in connection with the Shah Deniz Stage 2 development project. The contracts are scheduled to be executed from plants …
Rosneft Discovered a New Hydrocarbon Field in the Kara Sea
Rosneft successfully completed the drilling of the northernmost well in the world – the Universitetskaya-1 well in the Arctic. According to the results of the drilling Rosneft has made an oil discovery at the East-Prinovozemelskiy-1 license area. The drilling was completed in record-breaking time – in one and a half …