Gazprom and Wintershall Complete Asset Swap
As a result of the deal, Gazprom increased its share in European gas trading and storage companies WINGAS, WIEH and WIEE to 100 per cent as well as received a 50 per cent stake in WINZ involved in hydrocarbon exploration and production in the North Sea. In its turn, Wintershall …
Return to Achimov: A Comparison of the Achimov and Neocomian Beds in the Noyabrskiy Region
Kirill Nikolayev Unclaimed Reserves The Achimov suite is the lowermost level of the Lower Cretaceous deposits overlying the Jurassic play. Its geological structure is complex, and that is why it took some time to start developing the Achimov. In some fields exploration activities to estimate the Achimov deposits and the …
Gazprom: Signs Asset Swap Agreement With OMV for the Urengoy Oil, Gas and Condensate Field
As part of the Eastern Economic Forum, Alexey Miller, Chairman of the Gazprom Management Committee and Rainer Seele, Chairman of the OMV Executive Board signed today in Vladivostok an Agreement on terms and conditions of a possible asset swap. Subject to the swap deal, OMV will acquire a 24.98 per …
The ROGTEC Interview: Valeri Kurtbidinov, Chief Project Engineer at TNGG
The future of Urengoy region lies in the development of Achimov deposits. Last year, TyumenNIIgiprogas began working simultaneously on facility construction projects in Areas 2, 4 and 5. Today we interview Valeri Kurtbidinov, the projects Chief Engineer and design manager for the construction of the facilities at Areas 1 and …
Gazprom Interview with Vitaly Markelov
Vitaly Markelov, Deputy Chairman of the Gazprom Management Committee answers the questions posed by the Gazprom Magazine. Year results Mr. Markelov, how much gas and liquid hydrocarbons did Gazprom produce in 2014? In 2014 the volume of gas production totaled 443.9 billion cubic meters, which is 43.5 billion cubic meters less …
ERIELL Group: Direction Drilling at the Urengoy Field – Drilling Smarter
The ERIELL Group has worked at the Urengoy Oil and Gas Condensate Field since the beginning of 2013. The first wells drilled were not successful, however, after reviews and a radical replacement of drilling technologies the wells were delivered within half of the contracted times. The construction complexity of subhorizontal …
Novatek: Urengoyskoye, Stage 1, Reaches Full Design Capacity
OAO NOVATEK announced today that the first stage of the Urengoyskoye field within the Samburgskiy license area developed by SeverEnergia (a joint venture between NOVATEK and OAO Gazprom Neft) reached its full design capacity of approximately seven (7) billion cubic meters (bcm) of natural gas and 2.5 million tons of …
Gazprom: Board of Directors Approves the Adjustments to the Investment Program, Budget and Cost Reduction Program for 2014
The Gazprom Board of Directors approved the adjusted Investment Program, Budget (Financial Plan) and Cost Optimization (Reduction) Program for 2014. According to the adjusted Investment Program for 2014, the total amount of investments will make up RUB 1 trillion 026.15 billion, which is a RUB 220.146 billion increase as compared …
Rospan Carried Out a Record Hydrofracturing at the Urengoiskoe Field
Rospan International (Rosneft subsidiary) carried out a record hydrofracturing at the Urengoiskoe field, which resulted in the 9 times increase of production rate. There had been pumped 400 tons of proppant to benches of Achimov formation, which proved the efficiency of a record hydrofracturing at the 2-06-03 well. The previous …
Eriell Group Sets New Records in Western Siberia Arktikgaz Project
ERIELL Group is surpassing its own records in the ARKTIKGAZ Project, Urengoy oil and gas condensate field. So, in June of this year two wells were drilled in 76 and 70 days with 24 and 30 days respectively ahead of schedule. It was the first time when assemblies for the completion of multi-stage hydraulic fracturing were used in Achimov deposits as well as three-stage hydraulic …