Division of TAGRAS Holding Breaks Its Own Record for Hydraulic Fracturing Volume with 310 Tons of Proppant Injected
At Well No. 10000 of the Yuzhno-Balykskoye Field (Khanty-Mansi Autonomous Okrug), owned by RN-Yuganskneftegaz, the TAGRAS-RS division of TAGRAS Holding carried out a high-volume hydraulic fracturing (HF) operation with the injection of 310 tons of proppant. A key factor in the success of the operation was the use of an …
SLB’s Profit Exceeds Forecasts Due to Steady Demand for Oilfield Services
SLB’s performance improvement occurred due to stable demand for its services in certain international regions, which helped offset the slowdown in drilling operations in North America, Mexico, and Saudi Arabia. The company, the first among the major American oilfield service providers to release its report, had previously noted reduced activity …
Deepwater Hydrocarbon Exploration Market: 3 Revolutionary Technological Advancements
Let’s unleash the potential technological advancements that will make deepwater hydrocarbon exploration a thriving industry. From unmanned vehicles floating in deep water to real-time data analytics, explore how imagination will become true shortly. What is inside Deepwater? For centuries, the world has been craving for the answer to this question. …
TAGRAS Holding Received the Grand Prize at the “BPM Project of the Year 2025” Competition
On May 30, the final conference of the “BPM Project of the Year 2025” competition took place in Moscow. The competition is held annually and gives companies an excellent opportunity to showcase their achievements in process management, share experiences with the professional community, and receive recognition and support from their …
Supercritical CO2 Proposed Instead of Water for Hydraulic Fracturing
Scientists from Perm Polytechnic University, in collaboration with colleagues from China, have developed a method of enhanced waterless hydraulic fracturing. This could improve the efficiency of oil and gas production from unconventional reservoirs, according to a report from PNIPU obtained by the Devon news agency. Shale oil and gas deposits …
Top Executive from KhMAO Appointed Head of Major Oilfield Services Company
Andrey Tregubov, a native of the Khanty-Mansi Autonomous Okrug (KhMAO), has been appointed CEO of Petro Welt Technologies (PeWeTe), a group of companies operating in the oilfield services sector. Tregubov previously served as Executive Director of the oil company “Katobneft” in Nizhnevartovsk. “Effective May 25, 2025, Andrey Tregubov has been …
Geophysicists Have Conducted Three-Dimensional Seismic Surveys in the Arctic Region
A complex method of seismic signal generation was applied at challenging sites in the Irkutsk Region and in the Yamalo-Nenets Autonomous Okrug, located within the Arctic territories of the Russian Federation. The company Geotek Joint Stock Company carried out large-scale three-dimensional seismic surveys in Eastern Siberia and in the Yamalo-Nenets …
The Oilfield Services Subsidiary of Public Joint Stock Company LUKOIL Has Increased Its Turnover
The oilfield services enterprise SpetsPromService, in which Public Joint Stock Company LUKOIL holds a 49.5 percent stake, increased its revenue six hundredfold in the year 2024, reaching 20.4 billion Russian rubles, according to a report by Kommersant. The publication notes that the revenue figures of SpetsPromService are now comparable to …
Nedra Digital – Gold Sponsor of KDR-2025
The organizing committee is proud to announce that Nedra Digital will participate in the 10th Anniversary KDR – Well Engineering Forum as a Gold Sponsor. The forum will take place on 18 September 2025 in Astana, bringing together leading industry experts to discuss innovations in drilling, completion, and production. Nedra …
Offshore Drilling Market to Hit USD 122 Billion by 2032
With global energy security back in focus, the offshore drilling market is experiencing a significant resurgence. No longer seen as a legacy sector, it’s fast becoming a cornerstone of modern energy strategy particularly as deepwater reserves grow in importance and geopolitical pressure heightens the need for stable supply chains. According …