Preparation for Flood Flow is Underway at Tatneft
Enterprises of TATNEFT Company are ready for working during a difficult spring flood period. Acting commissions have been established at the industrial enterprises of TATNEFT for the purpose of arranging systematic monitoring of preparations for the flood. The state of preparedness of the Company’s structural units to work in the …
TNK-BP reviewed the results of Conflict Resolution Commissions and Regional Councils activity in 1Q 2012
TNK-ВР informs that 10 meetings of Conflict Resolution Commissions for supplier and contractor relations were held in 1Q 2012 which reviewed 20 claims submitted by the existing and potential counterparties of the Company. In 2012, TNK-BP will allocate $7.5 bln to purchase materials and services with 80% of the Company’s …
Alliance Oil Company: Higher oil prices in upstream compensated lower volumes while downstream was supported by firm demand
Alliance Oil Company’s average daily oil production for the first quarter of 2012 amounted to 56,400 bopd compared to 45,800 bopd in the first quarter of 2011. In total, 5.1 mbbl were produced compared to 4.1 mbbl in the first quarter of 2011. Preliminary average daily refining volumes at the Khabarovsk refinery amounted to 74,900 bopd in the first …
Exillon Energy March Production Report
Exillon Energy plc, a London listed independent oil producer with assets in two oil-rich regions of Russia, Timan-Pechora (“Exillon TP”) and West Siberia (“Exillon WS”), is pleased to announce unaudited production data for the month of March 2012 (“the Period”). · Average daily production[1] for the Group was 11,785 bbl/day …
Max Petroleum NUR-1 Drilling Update
Max Petroleum Plc, an oil and gas exploration and production company focused on Kazakhstan, announces an update on drilling at the NUR-1 pre-salt well at the Emba B prospect on Block E. The well has reached the top of the Kungarian salt at a depth of 5,718 metres. Upon drilling …
New Drilling Technology Helps TNK-BP to Cut Cost of 15 Horizontal Wells at Uvat by $19.2 Million
“TNK-Uvat” (a member of the TNK-BP group of companies) is to cut the cost of drilling 15 horizontal wells at the Ust-Tegusskoe field by $19.2 million by deploying a new drilling technology. The new technique, known as mini-pilot hole horizontal well drilling, eliminates the labour-intensive procedure of “truncation” and drilling …
Taneco. Ecology Is under Control
The Industrial Environmental Monitoring Laboratory of TANECO Oil Refining and Petrochemical Plants Complex (Nizhnekamsk, Tatarstan) carried out 37,500 analyses and studies of air, waste and natural water in 2011. Environmental solutions used by TATNEFT Company for implementing the TANECO crude oil refining and petrochemical Complex project meet all modern requirements. …
New Technologies of Enhanced Oil Recovery
OAO TATNEFT today focuses its attention on the use of various physical and chemical methods of enhanced oil recovery. Leading experts of OAO TATNEFT and TatNIPIneft have developed a technology of injecting compositions containing surface-active agents (surfactants) and polymers, which allow improving oil field development parameters and contributing to additional …
Field Development Plan Being Specified at Block 245 South in Algeria
Rosneft-Stroytransgaz Limited (RN-STG), controlled by Rosneft and Stroytransgaz, is working jointly with Sonatrach, Algeria’s national oil company, to begin reservoir delineation at three earlier discovered deposits within Block 245 South in Algeria. The three deposits are East Takuazet, West Takuazet and North Tisselit. The aim of reservoir delineation is to …
Zhaikmunai: Proved Reserves Increase by 15.1% to 169.1 mmboe
Zhaikmunai LP, the oil and gas exploration and production enterprise today releases the independent reserves audit of its Chinarevskoye field in north-western Kazakhstan as at 31 December 2011. The report was prepared by petroleum consultants Ryder Scott Company. HIGHLIGHTS FROM THE 2011 RESERVES REPORT Proved reserves (1P) have increased by …