Russia Upstream Magazine

Introduction This article looks the a case study of unique HMTL (Horizontal Multilateral) ERD project that Repsol as a part of a local Joint Venture has executed in Russia in 2020 within its Exploration and Appraisal campaign in the central part of West Siberia. The project included drilling of two …

Bit efficiency is determined by several factors; penetration per bit, rate of penetration, drilling speed per run, and operating costs per meter of penetration. Optimal drilling conditions usually meet the criterion of a minimum cost per 1 m drilled, which is defined as the minimum amount of energy required for …

The construction of oil and gas wells produces considerable wear and tear on the outer surface of drill pipes, especially those operating in horizontal sections, therefore various tool joint build up techniques have been used for both the repair of the outer diameter and to extend the tool joint. During …

Introduction The West Siberia (WS) resource base needs to be replenished to maintain the current development indicators. The reserves associated with the classic structural traps have been identified and mapped as part of the major horizons developed across the WS area. The resource base replenishment from these reserves is ineffective …

FAIR MARKET VALUE (FMV) What Is FMV? Fair market value is defined as the price according to which a property can be sold, if desired by a Seller to a Buyer, if it is desired by the latter, without coercion to buy or sell, whereby they are both legally competent …

Perspectives of the Development of the Basement Rock HC Deposits and Forming a Unified Concept Considerable amounts of hydrocarbons are accumulated in productive basement sedimentary rocks which makes them attractive development propects during the current trend of reserves deterioration. However, in spite of the considerable potential of the productive horizons …

This article suggests an approach to improving the design and development of multi-layer fields, enabling the project to mirror real-life conditions of the asset under development, thus making it possible to reduce capital expenditures. The key task to achieving this objective is to find the optimal well cluster designs based …

Introduction Russia’s onshore oil reserves are declining. Domestic oil and gas companies are increasingly investing in exploration on the continental shelves of the Kara, Black, Okhotsk and other seas. [2,4,9]. At the same time, the cost of construction of offshore exploratory wells, especially northern arctic waters, is many times higher …

Appointment to Leadership Positions When Russian oil and gas companies appoint employees to positions requiring managerial and leadership skills, as practice shows, these companies rarely provide effective support or training to develop these skills within the promoted individuals. Often, an employee is promoted due to his technical competencies, without the …

(Part 1 – Geology of the Pre-Jurassic Complex) Geology of the Pre-Jurassic Complex The Global Abundance of the Fields Associated with Platform Basement Rocks As the level of knowledge about deposits in the Jurassic-Cretaceous depositary complex in the Northwestern Siberia grows, while the addition of reserves declines, geologists turn more …