Oil & Gas Operators

Rosneft Improves the Quality of Field Development Design

Scientists from the Ufa Research Institute of Rosneft have patented an innovative method for evaluating the technological efficiency of oil and gas field development. The solution makes it possible to determine the most suitable well completion technologies, including hydraulic fracturing technologies, taking into account the geological characteristics of different areas …

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Oil & Gas Operators

US To Resume Offshore Oil Production Off California Coast

US Secretary of Energy Chris Wright has instructed Sable Offshore Corp. to resume oil production off the coast of California, the U.S. Department of Energy reported. “U.S. Secretary of Energy Chris Wright today directed Sable Offshore Corp. to restore operations at the Santa Ynez field and pipeline system to mitigate …

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Oil & Gas Operators

RN-Uvatneftegaz Replenished Hydrocarbon Production by 109% in 2025

RN-Uvatneftegaz (part of the oil production complex of Rosneft Oil Company) increased its hydrocarbon reserves by 12 million tons of oil equivalent in 2025, replenishing production by 109%. The reserve growth was ensured by successful geological exploration activities and re-evaluation of resources at producing fields. Reserves of the new Yuzhno-Keumskoye …

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Oil & Gas Operators

Venezuela Condemned Guyana’s Plans to Begin 3D Seismic Exploration

Venezuela condemns the plans announced by the authorities of Guyana to begin three-dimensional seismic exploration in offshore areas that Caracas considers disputed, according to a statement published by the country’s Foreign Minister Ivan Gil. “Venezuela categorically rejects the announcement by the Government of the Cooperative Republic of Guyana regarding the …

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Oil & Gas Operators

Rosneft Opened an Onshore Drilling Competence Center at Tyumen Industrial University

Rosneft has opened an Onshore Drilling Competence Center at Tyumen Industrial University. The new unique training platform provides opportunities for comprehensive training of specialists in drilling and well workover. The Center includes five specialized classrooms equipped with modern Russian simulator systems. The equipment simulates real drilling conditions and fully reproduces …

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Oil & Gas Operators

Kondaneft’s Effect from Innovation Implementation Exceeded 1.1 Billion Rubles

Kondaneft (part of Rosneft’s oil production complex) achieved an economic effect of more than 1.1 billion rublesfollowing the implementation of production efficiency improvement projects in 2025. Among the implemented initiatives were 15 innovations developed by the company’s specialists. The greatest economic effect was achieved in the areas of well logging …

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Oil & Gas Operators

Tengiz Has Not Yet Reached Full Oil Production Capacity

Oil production at the Tengiz field in Kazakhstan has still not reached full capacity after being suspended in January due to power supply issues, the press service of Tengizchevroil (TCO) told Interfax-Kazakhstan. “TCO is gradually increasing production volumes as conditions allow,” the company said in response to a question about …

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Oil & Gas Operators

Rosneft Improves Accuracy of Oil-Bearing Reservoir Forecasts

Specialists of the Tyumen Research Institute of Rosneft have created a unique seismic facies model of the Russkoye field, which will enable more accurate identification of oil-bearing zones during drilling. The large-scale work on building the model included studies of sedimentation conditions, analysis of wave field characteristics based on seismic …

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Oil & Gas Operators

Belarusian Oilmen Set a Record in Ecuador

Specialists from the Well Construction Management Center of the Rechitsaneft oil and gas production department of Belorusneft, together with Service Oil Ecuador Equaservoil S.A., have set a national record, BelTA was informed by Belorusneft. The achievement concerns the successful completion of well No. 010R1 at the Armadillo Block 55 field …

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Oil & Gas Operators

Oil Production at Fields in Southern Iraq Fell by More Than Half

Oil production in Iraq’s main oil-producing region — the southern province of Basra — has decreased from 3.3 million barrels per day to 1.3 million barrels per day amid escalation in the region, the newspaper As-Sabah reported, citing data from the Iraqi state company Basra Oil Company. “Production has now …

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