Oil & Gas Operators

Replenishment of oil reserves of RN-Uvatneftegaz, a subsidiary of Rosneft, amounted to 238% in 2018. Replacement reserves of industrial categories АВ1С1 amounted to 25.2 million tons. High rates of exploration and drilling allowed to achieve such growth. According to the exploration program, 17 exploratory and exploratory wells were built on …

Tyumenneftegaz, a Subsidiary of Rosneft, drilled 15 downhole splitters at Russkoe field in 2018, which is 30% more year-on-year. All the drilled horizontal wellbores and laterals are over 16 000 km in length. This technology enables increasing a start-up oil rate by 20-30%, as compared to a conventional horizontal well. Given geology …

BP and Environmental Defense Fund (EDF) announced today a three-year strategic commitment to advance technologies and practices to reduce methane emissions from the global oil and gas supply chain. The agreement enables joint collaboration on projects that test technologies and emerging strategies to continue to improve methane management. Working with …

Vienna, Austria, 13 March 2019–The price of OPEC basket of fourteen crudes stood at $66.30 a barrel on Tuesday, compared with $66.01 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 …

Vyacheslav Tyurin has been appointed Director General of Gazprom Invest. Vyacheslav Tyurin Vyacheslav Tyurin was born in 1960 in Kamensk-Uralsky, Sverdlovsk Region. He graduated from Kirov Ural Polytechnic Institute. In 1991–1999, he held managerial positions at commercial entities based in Nizhnevartovsk and Moscow. In 1999–2002, he served as Director General of SG-Trans at the Ministry of Energy of the Russian Federation. He has been part of Gazprom’s …

Petrosibir’s total oil production in February 2019 amounted to 32,587 barrels, equivalent to 1,164 barrels per day. The tables below summarises the average monthly / daily production in 2019 and 2018, broken down by region.  2018  2019 Average Jan Feb Total production Bashkiria 12 916 11 884 10 607 Komi …

Vienna, Austria, 11 March 2019–The price of OPEC basket of fourteen crudes stood at $64.78 a barrel on Friday, compared with $65.57 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 …

The price of OPEC basket of fourteen crudes stood at $65.04 a barrel on Wednesday, compared with $64.98 the previous day, according to OPEC Secretariat calculations. The OPEC Reference Basket of Crudes (ORB) is made up of the following: Saharan Blend (Algeria), Girassol (Angola), Djeno (Congo), Oriente (Ecuador), Zafiro (Equatorial Guinea), …

Vienna, Austria, 6 March 2019–The price of OPEC basket of fourteen crudes stood at $64.98 a barrel on Tuesday, compared with $64.86 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), …

Sergey Menshikov has been appointed Head of Department 307 at Gazprom, effective April 2, 2019. Sergey Menshikov was born in 1968 in Grozny. He graduated from Grozny Petroleum Institute, majoring in Machinery and Equipment at Oil & Gas Production Facilities, and received an additional degree in Oil and Gas Enterprise Management from the Gubkin Russian State University of Oil and …