Volga Gas: Reducing CAPEX Spending, Slim Hole Drilling Program Offsets Production Decline
Volga Gas plc, the oil and gas exploration and production group operating in the Volga Region of Russia, is pleased to provide the following update on its 2020 development and exploration drilling activities and to provide information on plans for the remainder of the year. Drilling activities in the …
Volga Gas: New Vostochny Makarovskoye Side Track Comes On Stream as Gas Plant Nears Capacity
Volga Gas plc, the oil and gas exploration and production group operating in the Volga Region of Russia, is pleased to provide the following update on its operations. Vostochny Makarovskoye (“VM”) field As of 11 December 2015, the VM#4 well, in which the Group drilled a successful sidetrack earlier in …
Volga Gas: MET Changes Caused Temporary Production Halt as Refiners Adjusted
Volga Gas plc, the oil and gas exploration and production group operating in the Volga Region of Russia, provides the following operational update. Drilling operations on VM Drilling operations are underway on the VM#3 well, which is being partially re-drilled after mechanical difficulties caused operations to be suspended late in …
Volga Gas: Strong 1H Results – Revenues Up 50%, EBITDA Up 97%, Company to Pay First Cash Dividend
Volga Gas, the oil and gas exploration and production group operating in the Volga Region of Russia, is pleased to announce its results for the six months ended 30 June 2014. HIGHLIGHTS FINANCIAL RESULTS AND MAIDEN DIVIDEND · Revenues increased by 50% to US$23.2 million (H1 2013: US$15.4 million) · …
Volga Gas: Strong 2013 and Looking to Complete the Dobrinskoye Gas Processing Plant in 2014
Volga Gas plc, the oil and gas exploration and production group operating in the Volga Region of Russia, is pleased to provide the following trading statement and operational update. Production Volumes and Sales. Production during the year ended 31 December 2013 was approximately 8.9 million cubic feet per day (mmcfd) …
Volga Gas: Vostochny Makarovskoye Gas Field Sees Better than Expected Well Test
Volga Gas plc, the oil and gas exploration and production group operating in the Volga Region of Russia, is pleased to provide an update following the completion of a production test on the VM#1 production well on its Vostochny Makarovskoye (“VM”) gas/condensate field. A workover has recently been completed on …