A Way Has Been Found to Improve the Oil Recovery of the Bazhenov Formation
To do this, KFU has created a model that allows evaluating the effectiveness of catalysis. Scientists at Kazan Federal University are optimizing the technology of using supercritical water to increase oil recovery using a kinetic model. The proposed model makes it possible to evaluate the effectiveness of catalytic additives. The …
In Izhevsk Import Units for Cleaning Drilling Fluids Will Be Replaced
They are needed for drilling complex multi-hole oil wells. The Izhevsk company United Solutions has developed gravity deposition units used on drilling rigs. This will allow domestic exploration and oil and gas companies to replace equipment from Europe and the USA. The Devon News Agency learned about this from a …
TAGRAS Participates in the TatOilExpo-2024 Petrochemical Exhibition
From August 26 to 28, TAGRAS Holding will take part in the Tatarstan Petrochemical Forum and the International Exhibition TatOilExpo. The events will be held at the venues of the Kazan Expo IEC. The oilfield services Group presents new products and services for enterprises in the oil and gas industry. …
A Composite Pumpjack Has Been Created in Russia
It is lighter and more durable than metal ones. The Higher School of Petroleum (Almetyevsk) has developed a pumpjack with nodes made of composite material. It is lighter than an ordinary metal pumpjack, which oilmen are used to. The new equipment is also less energy-consuming, the news agency “Devon“ learned from …
“Pool” for Hydraulic Fracturing. An Unusual Reservoir Appeared at the Disposal of Belorusneft’s Tamping Specialists
The innovation – an open mobile tank EMO-3000 – is used by specialists of the tamping department when performing the HT operation – multi-stage hydraulic fracturing using Plug&Perf technology. Such an open mobile tank EMO-3000, of impressive dimensions, is located at the Rechitskaya well No. 489. Due to the similarity …
Halliburton Increased Net Profit by 16% in the Second Quarter
American oilfield services company Halliburton Co. increased net profit by 16.2% in the second quarter, which was in line with analysts’ expectations, while revenue grew by only 0.6% and did not meet the forecast. According to the company’s press release, its net profit in April-June amounted to $709 million, or …
Baker Hughes Increases Net Profit by 41% in Q2
American oilfield services company Baker Hughes Co. increased its net profit by 41% in the second quarter, with adjusted figures and revenue exceeding market expectations. The company’s net profit in April-June 2024 amounted to $579 million versus $410 million a year earlier. Earnings per share increased to $0.58 from $0.4. …
Neural Network Will Determine the Age of Rocks
Scientists from the Advanced Petroleum Engineering School of the Higher School of Petroleum presented their developments at the International Oil and Gas Youth Forum in Almetyevsk. The Devon News Agency learned about this from a report from the HSE. Thus, geologists and paleontologists are training neural networks to determine the …
American Helmerich & Payne Acquired the Scottish Drilling Company KCA Deutag for $ 1.97 Billion
The American drilling company Helmerich & Payne announced the acquisition of KCA Deutag International, a Scottish company engaged in ground and sea drilling, engineering and technology. The amount of the transaction amounted to $ 1.97 billion. The activities of the Scottish KCA Deutag are applied to 26 countries, the company …
The Top Best Goods of Tatarstan Included Products and Services of TAGRAS Holding
The Center for Standardization, Metrology and Testing of Tatarstan announced the producers of the best goods and services of the republic in 2024. This year, the participants personally presented their products to the jury. Technologies, developments, including new products, of the divisions of the oil service Holding “TAGRAS” were awarded …