Gazprom Neft Orenburg: Wins Yagodny License Area, Including the Zemlyanskoye Field
Gazprom Neft Orenburg has been announced as the winner in a recent auction for geological prospecting and E&P rights to the Yagodny licence area in the Orenburg Oblast. Covering 500 square kilometres in total, the licence area includes the Zemlyanskoye field, originally discovered in 1978. Drilling of exploration and prospecting wells, as well as 2D and 3D seismic works, had previously been …
Rosneft: Completes 2014 Geological Survey Program – 24 License Areas Shot
Rosneft reports on 100% completion of the geological survey program on Company’s offshore license areas for 2014. In the current year geological survey covered 24 license areas with the scope considerably exceeding license obligations. Seismic performance results included 31,503 line km of 2D seismic, and 12,939 sq. km of 3D …
PetroNeft Resources: Kick Starts Drilling Program After Farm Out Plus Commencing Major Seismic Program
PetroNeft an oil & gas exploration and production company operating in the Tomsk Oblast, Russian Federation, is pleased to announce a number of significant actions following the completion of the Licence 61 Farmout to Oil India Limited on 3 July 2014, in particular the re-commencement of drilling operations on Licence …
OJSC «Surgutneftegas» spent more than RUB 15.6 bn on exploration in 2012.
Implementation of a comprehensive program for geological survey of subsoil allowed the Company to double the replacement of C1 oil reserves (124 million tonnes) against the annual production level (61.4 million tonnes). In 2012, OJSC «Surgutneftegas» carried out exploration in 90 license areas (including 23 exploration areas) in 8 constituent …
TGS Announces Commercial Agreement to Sell Fugro’s 2D Multi-client Library
TGS-NOPEC Geophysical Company ASA announces a commercial agreement to sell Fugro’s 2D multi-client library. As a result of this agreement, Fugro provides TGS with an exclusive right to licence and market the majority of Fugro’s multi-client 2D library and receive commission fees on the sales of this data. The agreement …
Exillon Energy Acquires Sinatiyskoye Licence
Exillon Energy plc, a British listed independent oil producer with assets in two oil-rich regions of northern Russia, Timan-Pechora (“Exillon TP”) and West Siberia (“Exillon WS”), is pleased to announce the acquisition of the Sinatiyskoye Licence. On 30 December 2011, Exillon acquired the Sinatiyskoye exploration and production licence in a …
TGS NOPEC Announces New 2D Survey in Laptev and East Siberian Seas
TGS will commence acquisition of a new 7,700 km 2D survey in the Russian Arctic Sea. Data acquisition will begin in early August with 4,500 km in the Laptev Sea before the vessel moves to the East Siberian Sea to acquire an additional 3,200 km. The survey is in partnership …