Oil & Gas Operators

OPEC Daily Basket Price: Monday, 24 January 2022, Stood at $87.98 a Barrel

Vienna, Austria, 25 January 2022 – The price of OPEC basket of thirteen crudes stood at $87.98 a barrel on Monday, compared with $87.46 the previous Friday, according to OPEC Secretariat calculations (view archives). The OPEC Reference Basket of Crudes (ORB) is made up of the following: Saharan Blend (Algeria), …

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Oil & Gas Operators

Caspian Sunrise: Deep Well Production at BNG

Deep Structures Deep Well A8 The Board of Caspian Sunrise is pleased to report initial production from Deep Well A8 on the Airshagyl structure at the Group’s flagship BNG Contract Area. Production from the first of three intervals planned for testing has been at the rate of approximately 120 bopd …

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Oil & Gas Operators

RN-Nyaganneftegaz: Replenished Oil Reserves by 282% in 2021

The RN-Nyaganneftegaz company, which is part of the oil production block of Rosneft Oil Company, replenished its reserves by 282% or almost 13 million tons of oil in 2021 based on the results of geological exploration and production drilling. Increasing the efficiency of reserves replenishment is one of the key …

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Oil & Gas Operators

OPEC Daily Basket Price: Friday, 21 January 2022, Stood at $87.46 a Barrel

Vienna, Austria, 24 January 2022 – The price of OPEC basket of thirteen crudes stood at $87.46 a barrel on Friday, compared with $88.55 the previous day, according to OPEC Secretariat calculations (view archives). The OPEC Reference Basket of Crudes (ORB) is made up of the following: Saharan Blend (Algeria), …

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Oil & Gas Operators

OPEC Daily Basket Price: Thursday, 20 January 2022, Stood at $88.55 a Barrel

Vienna, Austria, 21 January 2022 – The price of OPEC basket of thirteen crudes stood at $88.55 a barrel on Thursday, compared with $88.50 the previous day, according to OPEC Secretariat calculations (view archives). The OPEC Reference Basket of Crudes (ORB) is made up of the following: Saharan Blend (Algeria), …

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Oil & Gas Operators

Gazprom Gas Production and Supplies: Results for First Half of January

According to preliminary data, Gazprom produced 23.1 billion cubic meters of gas between January 1 and 15, 2022, which is 2.1 per cent (or 0.5 billion cubic meters) more than in the same period of last year. Gazprom ramped up its domestic supplies from the gas transmission system by 3.7 per cent (or by 0.6 …

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Oil & Gas Operators

Severneftegazprom: Completes Drilling of 100th Well

OJSC Severneftegazprom has completed drilling of the 100th well of the complex intended for the production of hard-to-recover Turonian gas. In December 2021, the total production of Turonian gas from the depths of the field reached 10 billion cubic meters. m. OJSC Severneftegazprom is the first company in Russia that managed to …

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Oil & Gas Operators

OPEC Daily Basket Price: Wednesday, 19 January 2022, Stood at $88.50 a Barrel

Vienna, Austria, 20 January 2022 — The price of OPEC basket of thirteen crudes stood at $88.50 a barrel on Wednesday, compared with $88.08 the previous day, according to OPEC Secretariat calculations (view archives). The OPEC Reference Basket of Crudes (ORB) is made up of the following: Saharan Blend (Algeria), …

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Oil & Gas Operators

OPEC Daily Basket Price: Tuesday, 18 January 2022, Stood at $88.08 a Barrel

Vienna, Austria, 19 January 2022 – The price of OPEC basket of thirteen crudes stood at $88.08 a barrel on Tuesday, compared with $86.54 the previous day, according to OPEC Secretariat calculations (view archives). The OPEC Reference Basket of Crudes (ORB) is made up of the following: Saharan Blend (Algeria), …

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Oil & Gas Operators

INK: Drills the Longest Horizontal Hole in the History of the Company

Irkutsk Oil Company LLC drilled the longest horizontal well at 2065 meters. This is the longest horizontal section in INC history in 21 years. The record was recorded at the Bolshetirskoye oil field. The work was carried out on a modern Bentec HR 5000 drilling rig. Previously, the maximum horizontal drilling rate …

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