3D seismic

Public hearings took place today in Nogliki settlement (Sakhalin Region). They were dedicated to 3D seismic exploration within the Kirinsky prospect (offshore the Sea of Okhotsk), including environmental impact assessment studies. Gazprom Geologorazvedka is the project customer. The hearings resulted in public approval of its implementation. The objective of exploration …

Reference is made to the stock exchange notice published by Polarcus Limited (“Polarcus” or the “Company”) (OSE: PLCS) on 21 October 2014 regarding the announcement of a major new multi-client project offshore Australia (the “Capreolus 3D Project”). Polarcus is pleased to announce that the Company has secured further industry prefunding …

Salym Petroleum Development N.V. (SPD) has successfully drilled an exploration well at the interface between West Salym and Vadelyp fields. The well suggests that both fields could be connected, resulting in a significant increase in expected hydrocarbon reserves. ‘Successful exploration drilling is a result of meticulous work performed by our …

Zoltav, the Russia and CIS-focused oil and gas exploration and production company, is pleased to announce that the Russian Federal Agency for Subsoil Use (“Rosnedra”) has registered an additional 546 million barrels (mm bbls) of Russian standard C1 plus C2 oil reserves for the Koltogor Exploration and Production Licence (the …

Gazprom Neft has completed testing of four directional wells (drilled to investigate reserves within the Bazhenov formation) at its concession within the southern area of the Priobskoye field (Khanty Mansiysk Autonomous Region). The results obtained have allowed the resolution of the key issue underpinning the first stage of this project: confirming the existence of live oil within …

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 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 …

Rosneft has finished performing comprehensive geophysical exploration, including seismic data acquisition 3D and gravimagnetic survey on the West-Prinovozemelsky licensed site on the continental shelf of the Barents Sea. The scope of work totaled 2.8 thousand square km. The specialized scientific research vessel «Geo Caribbean» was used to conduct works. As …

Irina Chmeleva In recent months, the discussions about the impact of foreign companies and technology on Russian oil production have intensified at all levels. State officials, ranging from the President to various Ministers, have highlighted the need to boost domestic production of equipment in order to substitute imports. Given that …

Polarcus Limited is pleased to announce that JSC Dalmorneftegeophysica (“DMNG”), which has a joint cooperation agreement with Polarcus, has entered into a contract for 3D marine seismic acquisition services for a major energy company offshore Sakhalin. The program, requiring two Polarcus A-Class vessels, will commence in Q2 2015 and is …