Zoltav Resources: Koltogor Licence Update
Zoltav, the CIS-focused oil and gas exploration and development company, provides an update on operations during the 2013/14 drilling season. Highlights · Completed programme to acquire 466 square kilometres of 3D seismic and 71 kilometres of 2D seismic data across the Company’s Koltogor Licence in Khantiy-Mansisk, Western Siberia (the “Koltogor Exploration …
Max Petroleum: Successful Drilling Results as East Kyzylzhar
Max Petroleum Plc, an oil and gas company focused on Kazakhstan is pleased to announce further successful drilling results in the East Kyzylzhar I Field. The KZIE-4 appraisal well has reached a vertical depth of 1,318 metres with electric logs indicating 15 metres of net oil pay in two Jurassic …
Vankorneft Started Commissioning Work for Gas Supply to the Unified Gas Supply System
Rosneft subsidiary Vankorneft started commissioning work «under pressure» with gas supply to the main gas pipeline. Currently there have been commissioned three gas compressor units of high-pressure gas compressor station, and gas treatment is in progress at gas treatment unit. Gas passes quantity and quality measurement system before gas supply …
Tatneft: Q1 Production Up 37,000 Tons, New Drilling Activity Down
Crude Oil Production The amount of 2,152,179 tons of crude oil or 100.4 percent versus April 2013 was produced at JSC TATNEFT, while the four months production amounted to 8,604,860 tons which was 36,722 tons more than in 2013 (100.4%). The amount of 8,478,505 tons of oil was delivered since …
Sercel: Metrolog introduces iScope for real-time monitoring of well testing operations
Sercel announced today that its subsidiary Metrolog has launched iScope, an industry-first downhole monitoring system for fast, efficient and frequent retrieval of pressure and temperature data during well testing operations. By deploying iScope, reservoir and well testing engineers can access and obtain in real time a conclusive interpretation of well …
ERIELL Group Once Again Broke Its Own Record In the West Siberia’s ARCTICGAZ Project
ERIELL Group has achieved a new record level in the ARCTICGAZ project having drilled a 1,117 m-long horizontal borehole through the productive horizon with a total penetration of 5,202 m. It is one of eight most-complex subhorizontal wells that ERIELL has drilled in the Achimov horizons. Previously no other drilling company managed to drill a horizontal borehole longer than 800 m under the set …
Arnco Technologies Appoints Kevin Revere as Vice President & General Manager
Arnco Technology Trust, LTD., has appointed Kevin Revere as its new Vice President & General Manager based in Houston, Texas. “As a result of Arnco’s planned entrance into exciting adjacent business opportunities, we saw a need for additional and strong leadership to guide our strategic direction. Kevin’s background brings the …
National Oilwell Varco Board of Directors Approves Spin-Off of NOW Inc.
National Oilwell Varco, Inc. (NYSE: NOV) announced today that its board of directors has given final approval for the spin-off of its distribution business. The resulting company will be known as NOW Inc. (“NOW”) and will be headquartered in Houston. The separation will be completed by way of a pro rata distribution of all …
Rosneft Q1 Figures: Debt Down and Gas Production Doubles
In Q1 2014 Rosneft’s crude oil and liquids production (including production of subsidiaries and proportionately consolidated entities, and the share in production by affiliates) reached 4,189 th. bpd (0.5% growth year-on-year), gas production reached a record-high level of 13.18 bcm (i.e. more than doubled). In Q1 2014 the Company was …
JSC KazMunaiGas Exploration Production 1Q 2014 Financial Results
JSC KazMunaiGas Exploration Production (“KMG EP” or “the Company”) announces condensed consolidated interim financial statements for the three months ended 31 March 2014. • Revenue in the first three months of 2014 was 220.8bn Tenge (US$1,301m)[1], a 9% increase compared with the same period for 2013. The average price of Brent …