Petrosibir: Production report November 2023
Petrosibir’s total oil production during November 2023 amounted to 19,721 barrels, equivalent to 657 barrels per day. The table below summarises the average monthly / daily production in 2023 and in 2022, broken down by region. 2022 2023 Average Jan Feb Mar Apr May Jun Total …
Gazprom and CNPC Discuss Joint Work Planned for 2024
The meeting of the Joint Coordinating Committee (JCC) of Gazprom and China’s CNPC moderated by Vitaly Markelov, Deputy Chairman of the Gazprom Management Committee, and Huang Yongzhang, Vice President of CNPC, took place today in Beijing. The meeting participants reviewed the results of their joint activities for 2023 and discussed the plans regarding key areas of cooperation for the …
Iran’s South Pars Gas Field Generates $130 Million Worth of Production Per Day
Iran’s South Pars Gas Field (SPGF) generates $130 million worth of output per day, according to Zargam Heydaria, an official from Bushehr province in southern Iran. The field has 13 refineries and 336 wells in the Persian Gulf producing more than 705 million cubic meters of gas per day, Heidariyeh …
Kazakhstan Intends to Reduce Oil Production From January 2024
According to the statement of the Republic’s Ministry of Energy, the country’s obligations under OPEC+ in the first quarter of 2024 will amount to 1.468 million barrels per day. Kazakhstan intends to reduce oil production starting in January 2024 as a contribution to preventing uncertainty in the oil market. This …
Venezuela Will Begin Issuing Gas and Oil Licenses in Disputed Essequibo
Venezuela will begin issuing licenses for the exploration and production of gas and oil in the territory of Essequibo, which is disputed by this Latin American country and Guyana, follows from the words of Venezuelan President Nicolas Maduro. “PDVSA (the largest oil and gas state company in Venezuela) will create …
Gazprom Presents Its Climate Strategy at UN Conference
A Gazprom delegation headed by Oleg Aksyutin, Deputy Chairman of the Gazprom Management Committee – Head of Department at Gazprom, took part in the 28th session of the Conference of the Parties to the UN Framework Convention on Climate Change. As part of the Energy Day organized by the Ministry of Energy of the Russian Federation, Oleg Aksyutin delivered a presentation on the topic “Climate Strategy of Gazprom up to 2050.” The …
Belorusneft Drillers Set a New Record
Belorusneft drillers set a new record, BelTA learned from the company. The team of the Svetlogorsk Drilling Operations Department became the author of a new record, set on December 4 by brigade No. 9 of drilling foreman Alexey Kuzhelev. In one day, his workers drilled 700 m of rock. This …
British Shell Has Two North Sea Drilling Targets Planned for Next Year
Deltic Energy, a London-based oil and gas exploration company investing in the UK’s established hydrocarbon provinces, has significant interests in a number of highly prospective licenses in the southern and central North Sea and is Shell’s joint venture partner in the UK’s southern North Sea. Deltic Energy said the Selena …
BP Began Drilling the First Production Well from a New Platform at ACG
BP-Azerbaijan announced the start of drilling the first production well from the new Central East Azeri (CEA) platform in the Azeri-Chirag-Gunashli (ACG) block in the Azerbaijani sector of the Caspian Sea. “Drilling of the first production well from the CEA platform began on December 4,” the company said in a …
Indonesia Approves Rokan Block Development Plan
Indonesia has approved a development plan for the Rokan block, which involves increasing oil recovery by displacing oil with steam. Reuters reports this. Let us recall that steam displacement of oil is a method of enhanced oil recovery (EOR) of formations, the most common when displacing high-viscosity oil. The volume …