The Increase In New Reserves Of Samaraneftegaz Almost Doubled Hydrocarbon Production
Samaraneftegaz, one of the main production assets of Rosneft in the Volga region, at the end of 2023 ensured an increase in reserves in the amount of 18.5 million toe, which replenishes the enterprise’s hydrocarbon production by 168%. Increasing the efficiency of reserve replenishment and their consistent introduction into development …
Samotlorneftegaz Celebrates The 55th Anniversary Of The Start Of Industrial Development Of The Samotlor Field
Samotlorneftegaz (part of the oil and gas production complex of Rosneft) celebrates 55 years since the production of the first industrial oil from the Samotlor field – one of the largest in the world. In April 1969, industrial development of the oil giant began – just four years after its …
Rosneft Increases Production In Water-Oil fields
Specialists from RN-Yuganskneftegaz, the Company’s largest producing asset, drilled a well using the fishbone technology* in the water-oil section of a mature field. The oil production rate of the multilateral well was 500 tons per day, which is twice as much as compared to traditional technologies. The development of technological …
Orenburg Oilmen Completed 3D Seismic Exploration In Two Subsoil Areas
On the eve of Geologist’s Day, which is celebrated on the first Sunday in April, geologists of the Orenburgneft company (a subsidiary of Rosneft) successfully completed 3D seismic exploration in the Leningradsky and Tverdilovsky subsoil areas in the Orenburg region. The research area was more than 140 square meters. This …
Rosgeo Signed A Contract With Iran For Almost 2 Billion Rubles
In March, Rosgeology signed a contract with Iran for almost 2 billion rubles, the signing of a technical agreement is expected before May, work on the contract will begin this year, ex-head of the company Sergei Gorkov said during an extended meeting of the board of Rosgeology. “We are now …
Sergei Radkov Will Be Appointed Acting General Director Of Rosgeologia
At the same time, the head of the Russian Ministry of Natural Resources, Alexander Kozlov, noted that Sergei Gorkov, who has headed the holding since April 2019, will remain on the board. Deputy General Director of Rosgeologiya Sergei Radkov will be appointed acting head of the holding. This was announced …
83 Reserve Deposits Will Be Put Up For Auction In Kazakhstan
Last year, 2 auctions were held in Kazakhstan for 74 subsoil plots. Chairman of the Geology Committee of the Ministry of Railways of the Republic of Kazakhstan Erlan Akbarov announced this at a briefing in the Central Communications Service, a Kazinform correspondent reports. — Last year, 2 auctions were held …
Lukoil May Increase Investments In Geological Exploration By 30% In 2024
According to the head of the company’s geological exploration department, Alexander Semyanov, investments could grow to 47 billion rubles compared to 36 billion rubles in 2023. Lukoil’s investments in geological exploration may grow by 30% this year – to 47 billion rubles, compared to 36 billion rubles in 2023, follows …
Venezuelan PDVSA Chevron Joint Venture Launches New Drilling Plan
Petroindependentcia, a joint venture between Venezuelan state oil company PDVSA and US company Chevron, has begun a new drilling campaign, PDVSA said in a statement on Monday. The United States eased oil sanctions on Venezuela in October following an agreement to guarantee elections between the South American country’s government and …
Alexander Novak Reported Russia Transferred More Than Half of Its Oil Production to AIT
As the Deputy Prime Minister noted, the transfer of fields producing viscous and super-viscous oil to the 3rd group of AIT will additionally ensure an increase in the level of oil extraction in the country to 50 million tons by 2035 Russian oil workers transferred 52% or about 250 million …