Oil & Gas Operators

Petrosibir is pleased to announce that the Company has received a production licence for the recently discovered Aysky oil field. As previously announced, Petrosibir in 2018 successfully re-entered the old Soviet well #141 within the Aysky licence in Bashkiria. Following the re-entry the Company prepared and filed a reserves report …

Vienna, Austria, 31 July 2019–The price of OPEC basket of fourteen crudes stood at $64.62 a barrel on Tuesday, compared with $63.79 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 …

BP is reporting strong earnings, reliable performance and disciplined growth for the second quarter, along with growth in its lower carbon businesses Stock exchange announcementPDF / 226.3 KB  Webcast Bob Dudley, group chief executive and Brian Gilvary, chief financial officer hosted a webcast covering our results for the second quarter. This was …

Nabors Industries Ltd. (“Nabors” or the “Company”) (NYSE: NBR) today reported second quarter 2019 operating revenue of $771 million, compared to operating revenue of $800 million in the first quarter. Net income from continuing operations attributable to Nabors common shareholders for the quarter was a loss of $208 million, or $0.61 per …

Efficient oil production is not possible without laboratory studies of produced and injected fluids, deposits observed in various parts of production system. However, it is not easy to apply laboratory methods straightforward due to different pitfalls and lack of explanation in standards and guidelines. The book “Production chemistry: Analytical methods” …

Vienna, Austria, 29 July 2019–The price of OPEC basket of fourteen crudes stood at $64.02 a barrel on Friday, compared with $64.55 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 …

Block Energy Plc (‘the Company’ or ‘Block’), the exploration and production company focused on the Republic of Georgia, is pleased to announce the resumption of production at well 16aZ (‘the Well’) at its flagship West Rustavi field (‘West Rustavi’ or ‘the Field’). Production resumed on 11 July and since testing …

Vienna, Austria, 26 July 2019–The price of OPEC basket of fourteen crudes stood at $64.55 a barrel on Thursday, compared with $64.58 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 …

Yesterday, Eni’s Board of Directors approved the Group results1 for the second quarter and first half of 2019 (unaudited). Commenting on the results, Claudio Descalzi, CEO of Eni, remarked: “In the first half 2019, Eni delivered excellent operating and financial results, making substantial progress towards the achievement of the full-year targets …

The President Of ExxonMobil Russia Inc. Glenn Waller has addressed a letter to the government asking to change the rules for it work in Russia, reports the newspaper “Kommersant”. In particular, we are talking about the abolition of the amendments to the Code of trading navigation (KTM) from 2017, which …