A New Natural Source of Methane has been Studied
A senior researcher at the Faculty of Soil Science at Moscow State University took part in a study of methane flows from the floodplains of rivers in Western Siberia. Methane is the second most important greenhouse gas after carbon dioxide. The processes of formation and movement of methane in soil …
The Number of Oil and Gas Rigs in the World Increased in October for the First Time in Three Months
The number of active oil and gas drilling rigs in the world increased in October for the first time in three months, according to the American oil services company Baker Hughes. On average, 1,777 installations operated worldwide last month compared to 1,760 in September. At the same time, the October …
Kazakhstan Plans to Produce up to 94 Million Tons of Oil in 2024 – Head of the Ministry of Energy
Kazakhstan expects to produce up to 94 million tons of oil next year, said the Minister of Energy of Kazakhstan Almasadam Satkaliev. “From 90 to 94 million tons, in this range,” Satkaliev told reporters on the sidelines of parliament, answering a question about oil production plans for 2024. Previously, he …
Exploration and Drilling Costs will Increase by 11% This Year, S&P Global Estimates
The global offshore drilling market appears to be booming. Analysts at S&P Global expect exploration and production spending to increase by 11% in 2023, while offshore oil and gas activity is forecast to grow by 20% year-on-year. S&P Global notes: “The time between signing a contract and the start date …
BP Begins Production at the Seagull Field in the North Sea
British BP Plc has begun production at the Seagull oil and gas field in the British sector of the North Sea. The company’s press service reported this on November 6, 2023. Seagull deposit is being developed in conjunction with the Central Process Facility (CPF) that bp operates as part of …
PDVSA and Maurel&Prom Signed an Agreement to Develop Oil and Gas Fields in Venezuela
The Venezuelan state oil company PDVSA and the French Maurel&Prom (beneficiary of the Indonesian Pertamina) signed an agreement aimed at increasing oil and natural gas production in the western region of Venezuela. This was stated by PDVSA General Director P. Tellechea. the companies have agreed to a contract that focuses …
An Ozonizer will Help Purify Wastewater in Oil Fields
It automatically stimulates bioprocesses in sewer systems. Scientists from the Tomsk University of Architecture and Civil Engineering, together with the Tomskneft company, have developed a unique technology for dynamic ozone stimulation of biological processes. The Devon News Agency learned about this from a message from the university. Next year it …
Oil Prices are More Likely to Rise Than Fall, Analysts Say
The black gold market is rocking against the backdrop of the war in Gaza, anti-Russian sanctions and the weak recovery of leading economies. By the end of the year, the world may experience an oil shortage, the International Energy Agency predicts. At the same time, there is a “swing” in …
For the First Time, a Laser was Used to Burn out Oil Spills on Water
The Rosatom installation allows eliminating oil pollution at low temperatures. Rosatom specialists tested a mobile laser complex for removing oil spills on the surface of water. The experiment was carried out in the Sea of Okhotsk off the coast of Sakhalin. Laser technology developed by TRINITY Institute specialists was used …
Oil Production at ACG in 2023 was Carried Out from 136 Wells
Oil production from the Azeri-Chirag-Gunashli (ACG) block in January-September 2023 was carried out from 136 production wells, the press service of the bp company (operator for the development of the Azeri-Chirag-Gunashli, ACG) block of fields told Interfax-Azerbaijan. ). “In January-September 2023, six oil production, five water injection and one gas …