Max Petroleum – First Deep Pre-Salt Well Spuds at Emba B Prospect
Max Petroleum Plc, an oil and gas exploration and production company focused on Kazakhstan, today announced that it has begun drilling the NUR-1 well on the Emba B prospect in Block E. The well will be drilled to a depth of 7,250 metres, targeting Devonian and Carboniferous reservoirs with unrisked …
BP – Shah Deniz Final Investment Decision in 2013
A BP PLC (BP) led consortium working on Azerbaijan’s Shah Deniz natural gas field will make a final investment decision on development of the second stage of the field in 2013, the head of Azerbaijan’s state energy company Socar, Elshad Nasirov, said Wednesday. Azerbaijan plans to ship 10 billion cubic …
Exillon Energy EWS 1-18 Well Tested
Exillon Energy plc, a British 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 that well EWS I – 18 drilled on the eastern part of EWS I field was successfully tested. EWS I – …
Schlumberger Releases Production Operations Software Platform
Production problems identified more quickly, downtime minimized and production optimized with Avocet 2012 Schlumberger today announced the release of the Avocet* 2012 production operations software platform. The Avocet platform has been engineered to combine a complete and up-to-date picture of operations with engineering analysis capabilities to pinpoint the reasons for …
Roxi Petroleum Spuds NK-9 in the Galaz Block
Roxi Petroleum, the Central Asian oil and gas company with a focus on Kazakhstan, is pleased to announce that the NK-9 well was spudded at 13:00hrs (local time) on 27 October 2011. The well is planned to drill to a total depth of 1500 metres to appraise the discovery of …
Schlumberger Stimulation Service Improves Production in a Variety of Reservoirs
Schlumberger today announced a service milestone for its HiWAY* flow-channel hydraulic fracturing service. Since its release a year ago, HiWAY has been pumped in nearly 3,000 stages in vertical and horizontal wells in eight countries for more than 30 operators. “With respect to conventional fracturing methods, the HiWAY service provides …
TNK-BP’s ANDREI YANOVSKY RECEIVES ARISTOS 2011 PRIZE FOR BEST HR DIRECTOR
TNK-BP announces that it`s Vice President, Human Resources and Organizational Development, Andrei Yanovsky, has been awarded the Aristos 2011 prize in the “Best Human Resources Director” category for the Company’s highly efficient HR policy. The prize is organized by the independent Managers Association, which aims to introduce international business standards …
TNK-BP TO IMPLEMENT 70 INNOVATIVE PROJECTS IN ORENBURG IN 2011
TNK-BP subsidiaries in Orenburg (OAO Orenburgneft and OOO Buguruslanneft) are planning to complete 70 innovative projects in the region by the end of the year. Application of unique new technologies would make it possible to produce additional 156,000 tons of crude and get an economic effect of RUR 805 million. …
Victoria Oil and Gas’ Results for year ended 31 May 2011
This has been a most significant year for Victoria Oil & Gas with considerable value added to our assets and extensive work completed at site on our principal projects. At our flagship Logbaba gas and condensate project in Douala, Cameroon we expect to commence production this year. At West Medvezhye, …
International Petroleum Quarterly Activity Report for the Quarter Ending September 30
HIGHLIGHTS US$1.9 million cash at bank at 30 September 2011. Discovered two oilfields at the Krasnoleninsky Project in Western Siberia – one at Well No. 1 and the other at Well No. 2. Reached a final depth of 2,019 metres at Well A-8 at the Company’s Kazakhstan …