Caspian’s Future to Outshine its Past
The history of the oil industry in the Caspian Sea is one of the oldest tales known in the Exploration & Production business. Few are those who are not aware of the role that the Caspian holds as the original oil producing centre of the world, with 3,000 producing wells …
OPENING NEW HORIZONS FOR RUSSIAN BUSINESSES
As any large oil project, Salym field development requires the involvement of a huge number of contractors, including construction companies, design institutes, manufacturers of equipment and materials, transportation companies and others. More than 400 contractor companies now operate in the Salym fields. Working in Salym allows the Russian companies to …
Solids Control: Maximizing Efficiency and Reducing Cost
Introduction Well construction technology that is currently used not only causes surface disruptions, but also affects physical and chemical conditions at depth during the penetration of reservoir beds while drilling. Substances contaminating the environment during well drilling include various chemical reagents used for the preparation of drilling fluids, and cleaning …
Results of New Drilling Technologies Applied at the Verkhnechonskoye Field
The field development plan for the Verkhnechonskoye (VC) oil and gas condensate field provides for over 500 horizontal wells to be drilled between 2007-2021. To meet this schedule and the production targets of up to 10 million tons of oil per year, it was necessary to significantly improve the well …
Technology Roundtable: Drill Rigs, Top Drives & Solids Control
Drill Rigs: Questions answered by: Pat Sullivan: Global Product Line Director for Land Rigs for National Oilwell Varco Dirk Schulze: CEO of Bentec GmbH Drilling and Oilfield Systems Yuri Parnivoda: General Manager of Drillmec Russia, Moscow 1. What is the current state of play in the rig market in Russia? …
The Bazhenov Suite: Unlocking the Potential
The Bazhenov Suite is now considered as a strategically important asset in terms of prospects for the Russian Oil industry. Rosneft is currently developing these deposits in the Salymskoye project (LLC “RN-Yuganskneftegaz”) and is planning its expansion. In 2010, the company adopted the Innovative Targeted Program (ITP) – “The Development …
Blackbourn Reports: Development of the West Siberian Basin during the Mesozoic and Tertiary: Palaeogeography & Stratigraphy
I.3.3.2 Aptian, Albian, and Cenomanian Sedimentary rocks of this age are up to 1500 m or more thick in the northern part of the WSB, with the thickest sediments now being deposited in the region of the Yamal Peninsula, although the deepest-water facies continued to accumulate in the KhantyMansi region …
The main topic of the VI KAZENERGY Eurasian Forum is: Kazakhstan: 20 Years of Sustainable Growth, New Horizons For Investments and Cooperation
In 2011, the most significant oil and gas events in Kazakhstan and the Caspian Sea region will be the 6th KAZENERGY Eurasian Forum and 19th Kazakhstan International Oil and Gas Exhibition and Conference (KIOGE). Like last year, the events will take place consecutively: the KAZENERGY Eurasian Forum in Astana on …
NC KMG and KMG EP have signed a Memorandum on possible participation in offshore blocks on the Caspian sea
NC KazMunaiGas and JSC KMG EP have signed a Memorandum of Understanding providing KMG EP with access to the detailed geophysical, financial and economic data of a number of oil and gas projects, including those located in the Kazakhstan sector of the Caspian sea. The list of projects includes, in …
Polarcus receives Letter of Intent for 4D seismic acquisition
Polarcus Limited (OAX: PLCS) is pleased to announce that the Company has received a Letter of Intent for a 4D marine seismic acquisition project for an undisclosed client. The project, subject to the execution of a service contract, will commence in Q4 2011 and is expected to run for approximately …