Russian Offshore: Promising Oil & Gas Exploration Areas
Despite the accelerating technological developments enabling the use of various alternative energy sources, the world is currently facing an increased demand for hydrocarbon (HC) supplies [1, 2], hence the need for reserve replacement. This is certainly possible in Russia over the next two to four decades (2020–2060s) [3], but only …
RDCR 2019: Where the Russian Drilling and Production Industry Meet
April 12th, 2019 – saw the TMG Worldwide team host the annual RDCR, Well Engineering Forum, in central Moscow, held at the exclusive Kempinski Baltschug Hotel, overlooking Red Square. This year´s RDCR, which has fast become the most important yearly gathering for the Russian upstream sector, not only continued with …
New to RDCR-2019 Supervision Services Hall “Supervision in Drilling and Oil&Gas Production”
For the first time at the RDCR-2019 Roundtable, a Hall focused on “Supervision in Drilling and Oil&Gas Production” was organized where the actual issues of supervision development were discussed in open dialogue between supervision companies and the representatives of oil and gas companies. The supervision of drilling and oil and …
RPI Reports: Multi-Stage Hydraulic Fracturing – The Engine of the Fracturing Market
A significant event took place in the Russian oil and gas industry in 2018. For the first time since 2014, the number of development wells commissioned in the country did not grow compared with the previous year, just the other way round, it declined by over 3%. At the same …
Deloitte: Overview of the Russian Oil Services Market
The Russian oilfield services market saw the key trends from previous years holding strong in 2018. Even though the market still faces serious barriers to development and unresolved issues persist, several factors have emerged that could drive the growth of key industry indicators, and consequently, boost its investment attractiveness. As …
Gazprom Neft: Integrated Well Completion Systems for Gas Cap Drive Reservoirs
Introduction One of the main tasks of the modern oil production industry is to efficiently manage the production of the remaining recoverable reserves, the major part of which are confined to gas cap drive reservoirs and oil rims. Such reserves are challenging to develop, and in many cases, they are not …
Why Collaboration has a Higher Impact on Business Performance than Technology
For Part One of this article click HERE Why Collaboration Geosteering requires sophisticated technologies, access to relevant data (streamed real time data and model derived data) and most importantly, collaboration of geosteering team members. Whilst the first two components of geosteering have broadly been described, analysed in depth and their …
Tim’s Theorem: A New Paradigm for Underground Hydrodynamics Part 1
“On nonlocality of Reasons” “Isolated systems do not exist, and all systems even split by huge distances into parts with no signals, fields, mechanical forces, energy, etc. between them function like a consistent System”. John Stuart Bell 1928 – 1990. The article continues the publications [1, 5, 8…11], and supplies …
RPI: Forecasted Production Targets Unachievable Without Intensive New Drilling
Decree No. 2914-p “On Approval of the Strategy for Development of the Mineral Raw Material Base of the Russian Federation until 2035” was issued by the Government of Russia on December 22, 2018. This document obliged the Ministry of Natural Resources “To develop and approve an action plan to implement …
Technology Roundtable: Top Drives
1. Through 2018 we have seen an ever increasing demand for Top Drives throughout the Russian Federation. What do you feel are the key factors which have driven top drive adoption in the region over the last few years? National Oilwell Varco: Increase of directional drilling, increase of safety requirements …