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Slavneft’s Oil Production Reached 17.9 mln tons in 2012

In 2012, OAO NGK Slavneft’s entities produced 17.9 mln tons of oil which is 98.8% to the level of 2011. Gas production volume at the Company’s fields reached 841.0 cubic meters which is 0.5% lower than the past year’s level. Over the reporting period, 157 new wells were commissioned at …

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Zapolyarnoye becomes most productive field in Russia – 130 billion cubic meters per year

The Taz District of the Yamal-Nenets Autonomous Area hosted today the celebrations dedicated to bringing the Zapolyarnoye field to its full design capacity, i.e. 130 billion cubic meters of gas per year. The celebrations were attended by Dmitry Medvedev, Chairman of the Russian Federation Government, Alexey Miller, Chairman of the Gazprom Management Committee and Dmitry Kobylkin, Governor …

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TNK-BP Increases Production within International Projects by 14% in 2012

ТNK-ВР reports that based on the 2012 results oil production within the Company international projects is estimated at 18 mln barrels, which is 14% more than a year before. TNK-BP is consistently implementing its program to increase production within the Company foreign assets. By 2020 the share of international projects …

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Gazelle Gas Pipeline Commissioned in the Czech Republic

On January 14 2013, Gazelle gas pipeline was commissioned in the Czech Republic, PJSC Stroytransgaz participated in the construction of the said pipeline. Czech Prime Minister Petr Nečas, Russia’s Ambassador in the Czech Republic Sergey Kiselev, the Managing Director of NET4GAS (the Customer Company) Thomas Kleefuβ, and the President of …

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Roxi Petroleum plc: Galaz NK-12

Roxi Petroleum plc, the Central Asian oil and gas company with a focus on Kazakhstan, is pleased to update the market with the progress of Well NK-12, at its NW Konys asset (Galaz), which was spudded on 23 November 2012. Well NK-12 is located to the south of currently producing …

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Alliance Oil Company: Operational update for 2012

In 2012, Alliance Oil Company’s total upstream volumes increased by 10% to 19.7mbbl (53,900 bopd) from 17.9 mbbl (49,000 bopd) in 2011. The preliminaryrefining volumes in 2012 increased by 13% to 29.3 mbbl (80,100 bopd) from 26.9 mbbl (73,650 bopd). Preliminary crude oil and oil product sales amounted to 19.3 mbbl and 29.9 mbbl respectively in …

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RPI: Oil Well Stimulation and Enhanced Oil Recovery Markets in Russia and Forecasts for These Markets Until 2020

RPI, a leading provider of research on the energy sector of Russia, the Caspian region, Central and Eastern Europe, would like to bring to your attention the analytical report “Oil Well Stimulation and Enhanced Oil Recovery Markets in Russia and Forecasts for These Markets Until 2020” The purpose of this study is …

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Exillon Energy plc: EGM Requisition

Exillon Energy plc, a London Premium listed independent oil producer with assets in two oil-rich regions of Russia, Timan-Pechora (“Exillon TP”) and West Siberia (“Exillon WS”), notes the press release issued today by one of our shareholders, Worldview Capital Management (“Worldview”).   Shareholders with more than 10 per cent of …

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Rosneft President Igor Sechin Meets CNPC President Zhou Jiping

On January 14 Igor Sechin, Rosneft President and Chairman of the Management Board, held talks with Zhou Jiping, CNPC President. The parties discussed a wide range of items concerning current cooperation between Rosneft and its Chinese partners in production and refining. The talks took place in the framework of the …

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Additional Production Resulting from Application of DCP Technologies Amounted to 5 Million Tons of Oil

The JSC TATNEFT is rapidly developing technologies of dual completion and production (DCP) of two or more layers through one well ensuring efficient fields operation. As of January 12, 2013 the number of DCP units amounted to 1,605 with the cumulative production in the amount of more than 5,000,000 tons …

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