Lundin Petroleum: Secures Production License for the Morskaya Field in the Russian Caspian Sea
Lundin Petroleum AB (Lundin Petroleum) is pleased to announce that Rosnedra, the Russian licensing authority has issued a production licence for Morskaya field located within the Lagansky Block in the Russian part of the Caspian Sea. The production licence is valid until 2035 and covers approximately 50 km². The Morskaya …
Naftagaz Produces RDCR 2015 Video – Take a Look here!
Naftagaz, Platinum Sponsor to the recent RDCR held on the 9th April at the Kempinski Baltschug Hotel in Moscow, have released a video focussing on the event and the benefits they received from sponsoring and attending. Whether you attended the 3rd RDCR or not – this video is well worth …
Shelton Petroleum: Produces 23,300 Barrels in April
Shelton Petroleum’s total oil production in April 2015 amounted to 23,300 barrels, equivalent to 777 barrels per day. Shelton Petroleum holds 100% of the Rustamovskoye license in Russia. Shelton Petroleum has a 45% working interest in Kashtan Petroleum (holder of the license to the Lelyaki oil field) through its wholly …
LUKOIL Starts Production Tests At Facilities For Kandym Early Gas Project In Uzbekistan
LUKOIL has begun production tests of two Gas Treatment Plants (GTPs) at the Northern Shady Site and the Kuvachi-Alat Field in Uzbekistan’s Bukhara Region as part of the Kandym Early Gas Project, which is being implemented together with National Holding Company Uzbekneftegaz. The GTPs have a combined annual capacity of …
Exillon Energy: April Unaudited Production at 17,037 bbl/day
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 April 2015. · Our average daily production[1] was 17,037 bbl/day during the period. · Average daily production for …
Surgutneftegas: Denies Rosneft Share Acquisition
Given the recent publications in national and foreign mass media with reference to the Bloomberg news agency regarding the allegedly intended acquisition of Rosneft shares by OJSC “Surgutneftegas” the press-centre of OJSC “Surgutneftegas” declares that the contents of the above mentioned publications have no grounds whatsoever. Rumors being spread, in …
Gazprom and CNPC Sign Heads of Agreement for Gas Supply Via Western Route
The Gazprom Management Committee Chairman Alexey Miller and the CNPC Vice President Wang Dongjin signed today in Moscow the Heads of Agreement for pipeline gas supply from Russia to China via the western route. Inked in the presence of Russian President Vladimir Putin and Chinese President Xi Jinping, the document outlines the main technical and commercial parameters of the …
Gazprom Started Drilling of Oil Production Wells in Chayandinskoye Field
The drilling of production wells for the pilot commercial development of the oil rim started in the Chayandinskoyefield in Yakutia, the basic field of the Yakutia gas production center. Pilot commercial development is a crucial stage preceding the commercial operation of a field. As part of this stage geophysical, production and other properties of a pay zone will be determined and the selected technical solutions …
Tethys Petroleum: Number of Parties Express Financial Packages, SinoHan Requests Loan Repayment and Penalty
Tethys Petroleum Limited today provides an update on the Strategic Review process and on-going discussions with SinoHan Oil and Gas Investment Number 6 B.V. (“SinoHan”). The Strategic Review process, being undertaken with the assistance of Macquarie Capital, is progressing well, with a number of new parties expressing an interest in …
Gazpromneft-Vostok: Drills Exploratory Well at the Achinsk, Tight, Hard to Recover, Field
The first exploratory well has been drilled at the Achinsk field (Tomsk Oblast, under development by Gazprom Neft subsidiary Gazpromneft-Vostok), part of a federal project to establish a regional testing ground to identify effective technologies for the development of hard-to-recover (“tight”) reserves. Operations, financed by Gazprom Neft, are also aimed at conducting a study of the unconventional hydrocarbon reserves of the Bazhenov formation. …