Oil & Gas Operators

Vienna, Austria, 26 June 2019–The price of OPEC basket of fourteen crudes stood at $64.79 a barrel on Tuesday, compared with $65.05 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), …

PAO NOVATEK announced today that Yamal LNG shipped the first cargo of liquefied natural gas (“LNG”) to Japan in accordance with the long-term offtake agreement with TOTAL. The cargo was unloaded at the Tobata LNG Terminal in accordance with the buyers lifting and delivery schedule. “Commencing LNG shipments to the …

Eni and IBM announced the first results of a multiyear collaboration using artificial intelligence (AI) by launching the research platform “Cognitive Discovery”. The objective of the new platform is to support Eni’s decision-making during the initial stages of the exploration phase, in order to significantly reduce the exploration risks linked …

Exillon Energy plc, a London Premium listed oil producer with assets in two oil-rich regions of Russia, Timan-Pechora and West Siberia, is pleased to announce unaudited production data for the month of  May 2019. ·     Our average daily production[1] was 11,932 bbl/day during the period. ·     Average daily production for Exillon TP was 2,275 bbl/day, and …

Vienna, Austria, 25 June 2019–The price of OPEC basket of fourteen crudes stood at $65.05 a barrel on Monday, compared with $65.29 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), …

Kazakhstan’s state-owned oil and gas company KazMunayGas (KMG) has delivered a jack-up drilling rig named Satti to Azerbaijan’s SOCAR for operations in Azerbaijan’s sector of the Caspian Sea. The Satti rig arrived in Baku on Wednesday, June 19. The welcoming ceremony was attended by Alik Aidarbayev, the Chairman of the Management Board …

Following a four-week scientific expedition to the Franz Joseph Land archipelago researchers have succeeded in obtaining unique data on narwhal habitats in the Russian Arctic, to be used as the basis for a comprehensive programme on research into this rare species running to 2022.* The “Narwhal: Legend of the Arctic” project was presented by Alexander Dyukov, CEO and Chairman of the Management Board, Gazprom …

Gazprom Neft subsidiary Gazpromneft-GEO has drilled a second horizontal well at the Ignyalinskoye field in the Irkutsk Oblast. Commercial inflow is more than double the flow rate at the first well, constructed last year. The project to develop the Chonsky fields will move into pilot development in 2020. A second horizontal well has been drilled at the Ignyalinsky license …

Vienna, Austria, 24 June 2019–The price of OPEC basket of fourteen crudes stood at $65.29 a barrel on Friday, compared with $63.95 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), …

PetroNeft owner and operator of Licences 61 and 67, Tomsk Oblast, Russian Federation, is pleased to report its final results for the year ended 31 December 2018. Highlights C-4 well at Cheremshanskoye produced about 450 bopd on test Gross production at Licence 61 in 2018 was 713,603 barrels of oil …