Russian Offshore: Tapping the Potential Part 2: The Caspian
Mark Thomas While the Arctic region is only now opening up its doors, another Russian offshore sector is already forging head with projects – the northern part of the Caspian Sea. The shallow waters here have seen companies like Lukoil establish itself as a major force in the region, in …
Russian Arctic Thaws with Rosneft-BP Deal
Mark Thomas Russia’s offshore arctic shelf has become one of the most scrutinized frontier oil and gas sectors in the world, thanks to the ground-breaking deal done between Rosneft and BP. But while most western observers have chosen to look at what the agreement means in terms of benefits for …
New Methods to Evaluate the Performance of Enhanced Oil Recovery Techniques in Active Wells
One of the specific features of Brownfield development is a gradual yet steady production decline. First and foremost, this is caused by reserves depletion, reservoir pressure decline, and increased watercut. Various enhanced oil recovery (EOR) techniques are used to maintain production or slow down its declining production rates and therefore …
Multibranch horizontal well drilling at Udmurtneft OJSC
I.P. Zaikin, K.V. Kempf, O.L. Gotlib, S.V. Yefimov, S.V. Vykhrystyuk, A.M. Nasyrov Rosneft Oil Company OJSC, Udmurtneft OJSC Summary The following article looks at the experience of Udmurneft when using sidetracked wells to enhance oil recovery. Various configurations of sidetracked wells are looked at, including multibranch sidetracks. The efficiency of …
Gazprom Neft purchases 5.15% shares in NIS
Gazprom Neft announces that it has finalised its offer made in January to the minority shareholders of Serbian oil company NIS. 8,4 million NIS shares were submitted for purchase, amounting to 5.15% of the company’s authorised capital. The maximum number of NIS shares that could be submitted for the buy-out …
Technology Roundtable: Geophysical & Geological Software
1. Geophysical & Geological (G&G) software technology is designed to aid oil and gas companies to maximise their understanding of subsurface and improve their decision making – what is the uptake of this technology in Russia at present? Baker Hughes: In my opinion G&G software is gaining acceptance in most …
Development of the West Siberian Basin during the Mesozoic and Tertiary: Palaeogeography and Stratigraphy
Following on from the excerpt in the last issue of ROGTEC Magazine, we look at the Late Jurassic period and the overlying Neocomian Late Jurassic sediments, which lie disconformably on the Middle Jurassic in parts of Western Siberia, are 500 m or more thick in northern parts of the basin …
Rosneft Oil Company Statement on BP TNK BP Arctic Agreement
In January 2011, OJSC Rosneft Oil Company and BP signed agreements regarding strategic cooperation and an exchange of shares between the two companies. In February, in response to a demand by ARR referring to the shareholders’ agreement between BP and TNK, the High Court of Justice in London issued an …
SPE Arctic Call for Papers Open Submission Deadline 29 April
SPE is delighted to invite you to submit paper proposals for the 2011 SPE Arctic and Extreme Environments Technical Conference. The event will take place at the All-Russia Exhibition Center in Moscow, Russia on 18-20 October 2011 and is themed “Extreme Challenges for Exploration and Production.” This 3-day conference is …
LAUNCH OF NEW GAS SHOW FOR THE MENA REGION AND ASIA, ADIGAS
dmg::events is proud to announce the launch of ADIGAS, its new event for the gas industry in the MENA region and Asia. ADIGAS will take place on 31 October to 2 November 2011 at ADNEC (the Abu Dhabi National Exhibition Centre) in Abu Dhabi, UAE. ADIGAS will provide a platform …