TNG-Group is Ready to Explore Deep Wells in Uzbekistan
The Tatarstan oilfield service company TNG-Group and Uzbekneftegaz have agreed on new joint projects on digital geological modeling. The parties will also hold events for the exchange of experience. And the specialists of the Uzbek state company will improve their skills in training centers and production facilities of TNG-Group. The …
The Unique Yamal LNG Megaproject is Five Years Old Anniversary
On November 29, 2017, the Yamal LNG project received state permission to put into operation the main technological facilities of the first stage of the liquefied natural gas plant, including the first production line, 58 gas wells and large-scale infrastructure. The Yamal LNG megaproject, which provides for the construction of …
RN-Vankor Increased Well Flow Rate by 1.5 Times
The RN-Vankor company, which is part of the oil and gas production unit of NK Rosneft, increased the flow rate of a production well at the Vankor field by 1.5 times. It was possible to increase the reservoir productivity from 31 to 80 tons per day thanks to the use …
The Board of Directors of Tatneft Took Place
The Board of Directors of the Company, chaired by the President of Tatarstan Rustam Minnikhanov, discussed the results of the financial and economic activities of the Tatneft Group for the nine months of 2022. As part of the planned agenda, the meeting participants got acquainted with the execution of the …
TATNEFT Automated the Greenhouse Gas Management System
The company successfully uses the Greenhouse Gases software module to control greenhouse gas emissions. The strategic goal of the Company is to achieve carbon neutrality in 2050. The software product developed by Tatneft together with KomEco specialists provides for the preparation of reports on greenhouse gas emissions. The implemented system …
Petrosibir Production report October 2022
Petrosibir’s total oil production during October 2022 amounted to 24,753 barrels, equivalent to 799 barrels per day. The table below summarises the average monthly / daily production in 2021 and per month in 2022, broken down by region. 2021 2022 Average Jan Feb Mar Apr May …
Nabors Marks Major Industry Milestone: Fully Automates Existing Land Rig with First-of-its-Kind Robotics Module
Retrofit existing drilling rigs with the new Red Zone Robotics (RZR) Rig Floor Module to automate the rig floor RZR increases safety and consistency with uncompromised performance Nabors’ RZR equipped rig has successfully drilled multiple horizontal wells in the Permian Basin HAMILTON, Bermuda, Nov. 16, 2022 /PRNewswire/ — Nabors Industries …
TATNEFT is Among the Leaders of Digitalization
The TATNEFT Purchasing Center presented to the Council of Independent Experts the project “Robot Factory for the Formation and Conclusion of Contracts”, where a constructor for the formation of draft contracts was introduced for the convenience of paperwork, which automatically changes the contract when certain parameters change. Twenty universal layouts …
Alexey Miller and Kazakh First Deputy Prime Minister Roman Sklyar Discuss Cooperation Matters
A working meeting between Alexey Miller, Chairman of the Gazprom Management Committee, and Roman Sklyar, First Deputy Prime Minister of the Republic of Kazakhstan, took place today. The parties discussed issues related to cooperation in the gas industry. Source
ConocoPhillips Reports Third-Quarter 2022 Results; Announces 11% Increase to Quarterly Ordinary Dividend, Declares Variable Return of Cash Distribution and Increases Existing Share Repurchase Authorization by $20 Billion
ConocoPhillips (NYSE: COP) today reported third-quarter 2022 earnings of $4.5 billion, or $3.55 per share, compared with third-quarter 2021 earnings of $2.4 billion, or $1.78 per share. Excluding special items, third-quarter 2022 adjusted earnings were $4.6 billion, or $3.60 per share, compared with third-quarter 2021 adjusted earnings of $2.4 billion, …