Oil & Gas Operators

Australian ADX Energy Is Preparing To Drill A Well In Upper Austria

Australian oil and gas company ADX Energy has announced plans to begin drilling operations at the Welchau gas exploration project under license ADX-AT-II in Upper Austria. ADX has completed construction of the Welchau-1 well pad and plans to begin drilling the well on February 20, 2024, with the entire drilling …

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Oil & Gas Operators

The United States Expects To Increase Shale Oil Production By 20 Thousand Barrels Per Day In March

It will amount to 9.716 million b/d Shale oil production in the United States in March 2024 compared to February will increase by 20 thousand barrels – from 9.696 million barrels per day (b/d) to 9.716 million b/d. This is stated in the report of the Energy Information Administration of …

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Oil & Gas Operators

TATNEFT Is Among The Leaders In Registered Climate Projects

The company successfully verified the results of two more climate projects. 8,178 carbon units were issued and credited to Tatneft’s account in the national register of carbon units. These can be purchased on the carbon market  to offset your carbon footprint. According to the Russian register of carbon units, since …

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Oil & Gas Operators

Turkmenistan Has Revealed The Volume Of Oil And Gas Produced In 2023

Natural gas production in Turkmenistan in 2023 amounted to more than 80.6 billion cubic meters, oil production – over 8.3 million tons, the Russian-language government newspaper Neutral Turkmenistan reported on Saturday. The corresponding data at an extended government meeting following the results of 2023 was presented by the Chairman of …

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Oil & Gas Operators

Russia And North Korea Are Preparing Papers For Joint Exploration Of Oil And Gas On The Shelf

Russia has already received from the DPRK part of the documents necessary to begin joint offshore exploration of oil and gas fields; Moscow is awaiting the remaining package of documents from Pyongyang, Russian Ambassador to North Korea Alexander Matsegora said in an interview with RIA Novosti. Russia and the DPRK …

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Oil & Gas Operators

SOCAR Increased The Volume Of Drilling Work By 1.2% In 2023

The volume of drilling by the drilling departments of SOCAR (State Oil Company of Azerbaijan) in 2023 amounted to 73.987 thousand meters. “In 2023, the company’s drilling volumes amounted to 73.987 thousand meters. Compared to 2022, the company increased the volume of drilling work by 1.2% last year,” the company …

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Oil & Gas Operators

BP Plans To Drill 12 Production Wells At ACG In 2024

BP-Azerbaijan plans to drill 12 production wells in the Azeri-Chirag-Gunashli (ACG) field block in 2024, said BP Vice President for Wells in Azerbaijan, Georgia and Turkey Jim O’Leary. “In 2024, it is planned to drill 18 wells on the ACG block, including 12 production wells, 3 water injection wells, 2 …

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Oil & Gas Operators

Brazil Breaks Its Record For Daily Oil And Gas Production In 2023

For the first time, production exceeded the level of 4 million barrels per day in oil equivalent, the government’s National Petroleum Agency of the South American country reported. Brazil reached a record average daily oil and gas production in 2023. This was announced on Friday by the government’s National Petroleum …

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Oil & Gas Operators

Seven New Wells Were Drilled At Belarusian Black Gold Deposits In January

The well stock of the Belorusneft company was replenished with seven new objects in January, BelTA learned from the company. Thus, specialists from the Svetlogorsk Drilling Operations Department completed drilling seven wells in January. The largest number of new facilities were built at the Rechitsa field. Also, one well each …

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Oil & Gas Operators

Production At Kashagan In 2023 Reached A Record Level – About 18.8 Million Tons

JSC NC KazMunayGas announced a meeting between the Chairman of the Board of the company, Magzum Mirzagaliev, and the Executive Vice President of the Oil and Gas Exploration and Production division of Shell, Peter Costello. At the meeting, a number of current issues were discussed in the main areas of …

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