An Absolute Record For Daily Penetration Was Set At Belorusneft
The record was recorded at well No. 445 of the Rechitsa oil field and was carried out by the team of the Svetlogorsk Drilling Operations Department No. 9. The previous record of daily penetration of 700 m was set on December 4 last year at well No. 441 of the …
French TotalEnergies Announced The Discovery Of Another Gas Field In Cyprus
French oil and gas company TotalEnergies today announced the successful completion of drilling and production testing of the Cronos-2 appraisal well in Block 6 offshore Cyprus. TotalEnergies owns a 50% stake in Block 6 along with Italy’s Eni (50% operator). Production testing of the Cronos-2 well confirmed the presence of …
Occidental Petroleum Reduces Rig Count In Permian Basin
Occidental’s costs are reduced by drilling activity, but it will be able to cover part of the debt from the purchase of CrownRock. Capital spending on shale production and exploration will be cut by $320 million and two drilling rigs in the U.S. Permian Basin will be idled this year, …
Petrosibir: Production Report January 2024
Petrosibir’s total oil production during January 2024 amounted to 20,067 barrels, equivalent to 647 barrels per day. The table below summarises the average monthly / daily production in 2024 and in 2023, broken down by region. 2023 2024 Average Dec Jan Total production Bashkiria 5 446 5 664 5 961 …
Gazprom Dobycha Orenburg LLC Completed Its Production Program For January
The indicators of own gas production amounted to 100.5%, for condensate – 113.6%, for oil – 131.8%. The target for transportation of the ethane fraction (103.9%) was also completed, exceeding the planned indicators. Source
Oilmen Used Induction Defrosting Of Wells
This made it possible to easily restart the equipment without heavy special equipment in the current frosty and snowy winter. Tatneft has found an effective way to maintain uninterrupted operation of oil production facilities during frosts. During severe frosts, freezing manifolds sometimes require restarting production and injection wells. Warming wells …
ADNOC And BP Agreed To Create A Gas Joint Venture In Egypt
British energy company BP and Abu Dhabi (UAE) oil and gas company ADNOC have agreed to establish a joint venture (JV) in Egypt, their joint release said. “ADNOC and BP today announce that they have agreed to establish a new joint venture (JV) in Egypt,” the statement said. Initially, the …
Kazakhstan Intends To Compensate For Exceeding Oil Production Obligations In January
The country’s Ministry of Energy did not provide data on how much Kazakhstan exceeded its oil production obligations in January. The Kazakh authorities will continue to fulfill their obligations to reduce oil production under the OPEC+ agreement this year. At the same time, the republic will compensate for the excess …
NIOC To Close $14 Billion Worth Of Deals To Develop Iran’s Oil And Gas Fields By End Of March
The head of the National Iranian Oil Company (NIOC) said the company is set to award contracts worth $14 billion to local companies to develop the country’s oil and gas fields by the end of the current Iranian calendar year (March 19). Speaking in a television interview, Mohsen Khojasteh-Mehr said …
RN-Yuganskneftegaz Began Construction Of A Highly Efficient Well Pad
RN-Yuganskneftegaz (the leading production enterprise of Rosneft) has begun drilling an enlarged well pad at the Prirazlomnoye field, on the basis of which several dozen wells will be grouped. The site design, accommodating up to 48 wells, was developed by specialists from RN-Yuganskneftegaz and the corporate research and design institute …