LUKOIL: Operating Results 1H 2019 – Production Up 2.8%
For the six months of 2019 LUKOIL Group’s average hydrocarbon production excluding the West Qurna-2 project was 2,352 thousand boe per day, which is 2.8% higher year-on-year. The increase was mainly driven by the development of gas projects in Uzbekistan, as well as oil production growth in Russia due to …
Petrosibir: Production Report for July 2019
Petrosibir’s total oil production during July 2019 amounted to 34,925 barrels, equivalent to 1,127 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 …
OPEC Daily Basket Price: Tuesday, 6 August 2019, Stood at $59.71 a Barrel
Vienna, Austria, 7 August 2019–The price of OPEC basket of fourteen crudes stood at $59.71 a barrel on Tuesday, compared with $60.54 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), Girassol (Angola), Djeno …
OPEC Daily Basket Price: Monday, 5 August 2019, Stood at $60.54 a Barrel
Vienna, Austria, 6 August 2019–The price of OPEC basket of fourteen crudes stood at $60.54 a barrel on Monday, compared with $61.67 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), …
Caspian Sunrise: July Production Dip Expected Due to Postponement of Remedial Work
The Board of Caspian Sunrise is pleased to update the market with production numbers for July 2019. Monthly production numbers The Board also announces that for the month of July 2019 total production from BNG was 39,034 barrels (May 38,571 barrels) and that the daily average production was 1,259 barrels …
Gazprom Neft Presents its 2018 Sustainable Development Report
Gazprom Neft has published its 2018 Sustainable Development Report — produced in line with international best practice and the highest standards in sustainable development — the GRI Sustainability Reporting Standards (GRI Standards). In order to confirm the company’s adherence to the best international standards in non-financial reporting on sustainable development the report was, for the first time, subject to an independent audit …
Tatneft: Results of Operations in July of 2019
The enterprises of the TATNEFT Group of Companies produced 2,603.9 thousand tonnes of crude oil in July 2019, while the production volume for seven months amounted to 17,433 thousand tonnes, which was 638.5 thousand tonnes more than in 2018. PJSC TATNEFT’s production volume amounted to 2,576.2 thousand tonnes with the …
OPEC Daily Basket Price: Friday, 2 August 2019, Stood at $61.75 a Barrel
Vienna, Austria, 5 August 2019–The price of OPEC basket of fourteen crudes stood at $61.75 a barrel on Friday, compared with $63.54 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), Girassol (Angola), Djeno …
RussNeft Net Profit Under RAS up by 1.3% to RUB 7.97 BLN in H1
RAS net profit of RussNeft for H1 2019 grew by 1.3% year-on-year and amounted to RUB 7. 971 bln, the company reports. Revenue for January-June surged by 21.5% to RUB 102.553 bln. Gross profit rose by 4.2%, having made RUB 22.093 bln. Sales profit was RUB 15.082 bln, up 6.6%. …
Volga Gas: Production Dips Due to Maintenance and Higher Water Cut, Uzen 4 Well Test Below Expectations
Volga Gas plc, the oil and gas exploration and production group operating in the Volga Region of Russia, is pleased to provide the following update on its average production volumes for July 2019. Drilling Update Drilling of Uzen 4 horizontal sidetrack into the shallower Albian reservoir commenced on 16th March and completed on …