Biden Will Not Give New Hydrocarbon Areas in Alaska
In the national park in Alaska, it will no longer be allowed to extract oil and gas, as well as metals, but this does not apply to the scandalous ConocoPhillips project. The US President issued a decree according to which the lease of new hydrocarbon areas in the Arctic National …
Belarusian Oilmen Set an Absolute Record in the Development of Unconventional Reservoirs
The record level was set on April 23 at the Rechitsa field, where the team worked for 33.1 days. According to the Center for Geological and Technological Support for Well Drilling at NGDU Rechitsaneft, well No. 446 was completed here. “Its target object was a pack of intersalt productive deposits. …
Italian Eni and British Ithaca Energy Combine Assets in the UK
Italian oil and gas company Eni SpA said it has signed an agreement with Britain’s largest independent oil and gas company Ithaca Energy plc to combine virtually all of its upstream assets in the UK, excluding those in the East Irish Sea and CCUS. The combination is financed by the …
Russia Increased Gas Production in the First Quarter by 10.6%
The production of liquefied natural gas in January – March 2024 amounted to 9 million tons, according to Rosstat data. In the first quarter of 2024, Russia increased natural gas production by 10.6% compared to the same period of the previous year, to 164 billion cubic meters. This follows from …
Rosneft Develops Software for Seismic Exploration
At the Rosneft Technology Day, specialists from Rosneft’s corporate scientific institutes presented a large-scale project to create the RN-SEism software package. It is designed for seismic geological study of the subsurface and allows you to perform tasks such as processing, interpretation and modeling of seismic data. The release of the …
China Prevents the Philippines from Extracting Oil Offshore the South China Sea
The Chinese fleet, including the coast guard, does not allow Philippine drilling ships into the waters. China does not allow the Philippines to extract oil in the South China Sea. It’s all about Beijing’s claims to the region – and its fleet of fishing boats and coast guard boats stationed …
Gazprom Stopped More than 20 Wells in the Orenburg Region Before the Flood
On the eve of the flood in the Orenburg region, Gazprom stopped the operation of more than 20 production wells, reports the corporate publication of Gazprom Dobycha Orenburg LLC. Gas workers call the flood situation this year unusual, but controllable. “In the floodplain zone of the Urals there are wells …
Gazprom and Belorusneft Began Discussing the Development of Hard-to-Recover Reserves
The Gazprom delegation is headed by the company’s deputy chairman of the board, Oleg Aksyutin. The delegation of Gazprom PJSC and representatives of Belorusneft PA are discussing issues of cooperation in the field of “designing the development of hard-to-recover reserves.” The press service of the Belarusian company reported this. It …
Aker BP Commissions Hanz field in the North Sea
Aker BP has started production at the Hanz field in the North Sea. This was reported by the press service of the Norwegian company. Theses from Aker BP CEO K. Hersvik: this is another great example of what we can achieve by working as a team with our suppliers to …
Australian Santos Reduced Hydrocarbon Production by 2% in the First Quarter
In the first quarter of 2024, the Australian company Santos Ltd. decreased hydrocarbon production by 2% compared to the same period in 2023 – to 21.8 million barrels of oil equivalent. The company’s press service reported this. Sales volumes decreased by 3% to 23.2 million barrels of oil equivalent, and revenue fell …