Oil & Gas Operators

OPEC Daily Basket Price: Thursday, 28 March 2019, Stood at $66.38 a Barrel

Vienna, Austria, 29 March 2019–The price of OPEC basket of fourteen crudes stood at $66.38 a barrel on Thursday, compared with $67.15 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), …

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Oil & Gas Operators

OPEC Daily Basket Price: Wednesday, 27 March 2019, Stood at $67.15 a Barrel

Vienna, Austria, 28 March 2019–The price of OPEC basket of fourteen crudes stood at $67.15 a barrel on Wednesday, compared with $67.03 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), …

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Oil & Gas Operators

Fire Breaks out at Kazakhstan’s Kalamkas Oilfield

A fire has broken out at the onshore Kalamkas oilfield in Kazakhstan’s western Mangistau province, the country’s emergencies committee said on Monday. MangistauMunaiGas (MMG), the company which operates the field and is owned by Kazakh state energy firm KazMunayGaz and China’s CNPC, could not be reached for comment. KazMunayGaz said …

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Oil & Gas Operators

OPEC Daily Basket Price: Tuesday, 26 March 2019, Stood at $67.03 a Barrel

Vienna, Austria, 27 March 2019–The price of OPEC basket of fourteen crudes stood at $67.03 a barrel on Tuesday, compared with $66.19 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), …

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Oil & Gas Operators

BP Commits $100 Million to Fund New Emissions Reductions Projects

Fund will support projects in BP’s Upstream business, building on strong progress already being made across Group On track to deliver ambitious emissions reductions and methane intensity targets Greenhouse gas emissions lower again in 2018, despite higher oil and gas output BP today announced that it has established a $100 …

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Oil & Gas Operators

OPEC Daily Basket Price: Tuesday, 26 March 2019, Stood at $67.03 a Barrel

Vienna, Austria, 27 March 2019–The price of OPEC basket of fourteen crudes stood at $67.03 a barrel on Tuesday, compared with $66.19 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), …

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Oil & Gas Operators

Gazprom Neft Improves Field Efficiency Using Artificial Intelligence

Gazprom Neft successfully tested its own digital system to improve the efficiency of oil production. The program allows you to analyze thousands of options for the development of deposits and select the best. According to estimates of its developers from the Scientific and Technical Center of the company, the economic …

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Oil & Gas Operators

Gazprom Neft and Schlumberger Develop Cooperation in Well Logging

Gazprom Neft and Schlumberger made an agreement on technological cooperation in well logging. The document was signed by Vadim Yakovlev, First Deputy CEO, Gazprom Neft, and Sergey Slyusenko, Managing Director, Gazpromneft-Noyabrskneftegazgeofizika and Gokhan Saygi, President of Schlumberger RCA. The new agreement is a logical follow-up to the agreements achieved in 2011, when Gazprom Neft and Schlumberger signed their first …

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Oil & Gas Operators

LUKOIL Started Operational Drilling of Wells at Chumpasskoye Field in Yugra

LUKOIL-Western Siberia LLC (a 100% subsidiary of PJSC LUKOIL) has started operational drilling of wells at the Chumpasskoye field in the Khanty-Mansiysk Autonomous Okrug-Yugra. In the next three years, it is planned to equip three shrub sites. Half of the project well stock accounts for horizontal wells with multistage hydraulic …

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Oil & Gas Operators

OPEC Daily Basket Price: Friday, 22 March 2019, Stood at $66.67 a Barrel

Vienna, Austria, 25 March 2019–The price of OPEC basket of fourteen crudes stood at $66.67 a barrel on Friday, compared with $67.78 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), …

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