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Increase Reservoir Contact, Improve Results: Target Production Zone Using Baker Hughes’ New Shale Technology

Baker Hughes’ new FracPoint™ MP sleeve with DirectConnect™ ports allows for increased contact with the reservoir, offering more controlled hydraulic fracture initiation points and improving connectivity to the pay zone. The FracPoint MP sleeve with DirectConnect ports adds new capabilities to the successful FracPoint completion technique. The system uses openhole …

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Localization of the offshore production equipment will be the topic under discussion December 6th in Moscow

The task was given by the Government Executive Order of the RF № 443-p d.d. 12.04.2012 to mold a strategy localization of the offshore production equipment and oil & gas service sector development for the offshore projects. VII th annual conference «Construction contracts on the oil & gas continental shelf» …

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Gazprom increases UGS productive potential to record high

The Gazprom Management Committee examined the readiness of the Unified Gas Supply System (UGSS) facilities for the peak load period in autumn/winter 2012–2013 and steps to be taken to secure long-term continuous gas supply to consumers in winter. The meeting noted that the UGSS was generally ready for the forthcoming autumn/winter period. In the course of preparations for winter 2012–2013, all 16 scheduled …

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Petroneft Resources: Arbuzovskoye Well 102 Successfully Drilled and Logged

PetroNeft Resources plc owner and operator of Licences 61 and 67, Tomsk Oblast, Russian Federation, is pleased to provide an update on its operations. Highlights: • Arbuzovskoye well 102 successfully drilled and logged • Initial results positive with similar reservoir properties to prior wells • Confirms J1-1 reservoir in eastern …

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Baker Hughes Expands Talon Platform of PDC Bits

Improves drilling performance while reducing days on well to minimize costs, risk The new Hughes Christensen Talon™ platform of PDC bits from Baker Hughes improves cuttings evacuation for greater bit cleaning, offers application specific bit profiles for superior directional control and utilizes Baker Hughes’ StaySharp™ premium PDC cutter technology — …

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Smith Bits Introduces Next Generation of Spear Bits for Unconventional Shale Plays

Steel-body PDC bits optimized for curve and lateral drilling performance Smith Bits, a Schlumberger company, today released its next-generation Spear* shale-optimized steel-body PDC (polycrystalline diamond compact) drill bit tailored for unconventional shale plays. “With the introduction of the Spear PDC bits into the shale plays in 2011, our customers  saw …

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Tatneft: Applies Cathodic Protection to Underground and Surface Facilities

Electro-chemical protection is successfully applied at OAO TATNEFT Company for protection of underground and surface facilities from ground corrosion. Specialists of TatNIPIneft have developed a technology of cathodic protection of underground and surface facilities from ground corrosion at industrial sites providing for joint cathodic protection of all internal facilities within …

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Varyoganneftegaz is Completing the Remediation of Legacy Polution

OJSC Varyoganneftegaz will remediate over 50 hectares of land in 2012, which is almost double the figure for 2011 and 10% above the plan. The remediation program will be expedited by a new disposal site for utilization of industrial waste (oil sludge) in the vicinity of Well Pad 21 at …

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Red Mountain Energy and Premium Engineering will participate jointly in Cryogen-Expo 2012

Red Mountain Energy, together with Premium Engineering will take part in Cryogen-Expo 2012 to be held from November 6th to 8th at Moscow’s Expocenter Central Exhibition Complex. This is the 11th international Cryogen-Expo and the only exhibition of its kind in Russia dedicated to the cryogenic industry. Each year leading cryogenic market players …

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Russia Expecting Tax Reforms to Boost Oil Output

Russia aims to bring on line 1.4 million to 2 million barrels of oil equivalent per day with new tax reforms designed to reduce the levy on future projects and codify ad-hoc discounts currently in force, Energy Minister Alexander Novak said on Tuesday. * Additional 37 bln bbls seen profitable-oilmin …

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