Oil & Gas Operators

PAO NOVATEK announced today that NOVATEK-Yurkharovneftegas, a wholly owned subsidiary, won the auction for geological survey, exploration and production license for the South-Yamburgskiy subsoil area located in the Nadym District of the Yamal-Nenets Autonomous Region in close proximity to the North-Urengoyskoye field of NOVATEK’s joint venture Nortgas. The license area …

PAO NOVATEK announced today that NOVATEK-Yurkharovneftegas, a wholly owned subsidiary, won the auction for geological survey, exploration and production license for the East-Ladertoyskiy subsoil area located on the Gydan Peninsula in the Yamal-Nenets Autonomous Region. The license area has estimated hydrocarbon resources of 184 billion cubic meters of natural gas …

PAO NOVATEK and PAO Transneft signed an Agreement on Cooperation in Gas Motor Fuel. According to the Agreement, Transneft is considering purchasing LNG from NOVATEK to refuel its cargo truck fleet. The Agreement also confirms the intention of Transneft to replace its old diesel-powered trucks by new gas-powered vehicles. “This …

Petrosibir’s total oil production during November 2019 amounted to 34,290 barrels, equivalent to 1,143 barrels per day. The table below summarises the average monthly / daily production in 2019 and 2018, broken down by region. TOTAL PRODUCTION, BBL 2018 2019 Average Jan Feb Mar Apr May Jun Bashkiria 12 916 …

Vienna, Austria, 17 December 2019–The price of OPEC basket of fourteen crudes stood at $67.22 a barrel on Monday, compared with $66.76 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), Girassol (Angola), Djeno (Congo), …

Vienna, Austria, 16 December 2019–The price of OPEC basket of fourteen crudes stood at $66.76 a barrel on Friday, compared with $65.81 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), …

Tomskneft has commissioned two vacuum compressor stations at the Dvurechenskoye field for further transportation of compressed gas to a gas turbine power plant. The stations built within the framework of the company’s gas programme implementation provided for bringing the level of associated petroleum gas utilization up to the target of …

Rosneft Oil Company has won auctions for the Mezeninskoye, Severo-Dzhangodskoye, and Yangodskoye licence blocks located in the Dolgano-Nenets municipal district of Krasnoyarsk Territory. Rosneft succeeded in placing the best bid at the auctions due to the Company’s top capacity for synergies and the most efficient block development plan. Rosneft is …

Vienna, Austria, 13 December 2019–The price of OPEC basket of fourteen crudes stood at $65.81 a barrel on Thursday, compared with $65.38 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), …

Chevron Corporation today announced a 2020 organic capital and exploratory spending program of $20 billion. The 2020 budget supports a robust portfolio of upstream and downstream investments, highlighted by Chevron’s world-class Permian Basin position, the company’s major capital project at TCO in Kazakhstan, and an advantaged queue of deepwater opportunities …