Oil & Gas Operators

LUKOIL Board of Directors held a meeting in Moscow today to summarize the Company’s preliminary 2019 results and set priorities for 2020 under the Strategic Development Program for 2018 – 2027. It was noted at the meeting that the Company successfully accomplished the second year’s goals within the ten-year strategy …

Vienna, Austria, 13 January 2020—The price of OPEC basket of fourteen crudes stood at $67.04 a barrel on Friday, compared with $67.26 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), Girassol (Angola), Djeno (Congo), …

According to preliminary data, PJSC “RussNeft” produced 7.118 million tonnes of oil and about 2.462 billion cubic meters of gas in 2019. In the reporting year, 148 new oil wells were put into operation in the Company’s fields (139 entities in 2018) adding 1,251 million tonnes of production (970 thousand …

Vienna, Austria, 10 January 2020—The price of OPEC basket of fourteen crudes stood at $67.26 a barrel on Thursday, compared with $69.60 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), Girassol (Angola), Djeno (Congo), …

A grand opening ceremony for the TurkStream gas pipeline took place today. Attending the event were Vladimir Putin, President of the Russian Federation, Recep Tayyip Erdogan, President of the Republic of Turkey, Aleksandar Vucic, President of the Republic of Serbia, Boyko Borissov, Prime Minister of the Republic of Bulgaria, Alexander Novak, Minister of Energy of the Russian Federation, Fatih Donmez, Minister of Energy …

Vienna, Austria, 9 January 2020—The price of OPEC basket of fourteen crudes stood at $69.60 a barrel on Wednesday, compared with $69.62 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), Girassol (Angola), Djeno (Congo), …

The Board of Caspian Sunrise is pleased to update the market with developments at its BNG Contract Area, including further progress at Deep Well A5, together with the December 2019 production numbers. Deep Well A5 As previously announced, after perforation of a 63 meter interval between 4,331 meters and 4,394 …

Vienna, Austria, 8 January 2020—The price of OPEC basket of fourteen crudes stood at $69.62 a barrel on Tuesday, compared with $70.89 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), Girassol (Angola), Djeno (Congo), …

As we are approaching the year end, we would like to summarise the Company’s key events and achievements in year 2019. As reported earlier in the fourth quarter of 2018 the Company successfully re-entered the old Soviet well #141 on the Aysky licence. Following the re-entry the well flowed a …

BNG success at Deep Well A5 The Board of Caspian Sunrise is pleased to update the market with progress at Deep Well A5, on the Airshagyl structure at the from the Company’s flagship BNG Contract Area. Deep Well A5 As previously announced the side-track from a depth of 3,796 meters …