Eurasia Journal News

Rosneft Has Started Production of More Environmentally Friendly Drilling Fluids

Angarsk Petrochemical Company (part of the Rosneft oil refining and petrochemical complex) has started production of Rosneft Drilltec B2lh drilling fluids, which have improved environmental characteristics due to the use of a low-viscosity hydrocarbon base. A new technology for the production of a more environmentally friendly hydrocarbon base has been …

READ MORE →
Eurasia Journal News

Belarus Wants to Expand Its Presence in Russia in the Oilfield Services Market

Belarusian oil companies intend to expand their presence in the oilfield services market in Russia, said Alexander Lyakhov, General Director of the Belorusneft production association. “We have our own technologies that are adapted to work both in Belarus and in Russia. In recent decades, we have been actively studying the …

READ MORE →
Eurasia Journal News

Bloomberg Has Learned that Oil Drilling in Russia Has Decreased

Kasatkin Consulting stressed that the slowdown in drilling rates could be influenced by a decrease in refinery utilization. It is expected that the total volume of production drilling in Russia will decrease to 29.4 thousand km this year. Russian oil companies have reduced drilling rates compared to last year’s record …

READ MORE →
Eurasia Journal News

Five New Wells Replenished the Belorusneft Fund in July

New facilities have been built at Zolotukhinsky, Vostochno–Pervomaisky, Rechitsky, Nadvinsky and Severo–Domanovichskoye fields. In addition, Belarusian oilmen in July again reached the record high of September 2023 in terms of the number of hydraulic fracturing operations performed. “70 stages have been completed, during which 41 thousand cubic meters of rupture fluid …

READ MORE →
Eurasia Journal News

Abu Dhabi National Oil Company ADNOC Has Increased the Production Capacity of the Satah Al Razboot Offshore Field by 25%

Abu Dhabi National Oil Company ADNOC has announced that its Satah Al Razboot offshore field has increased production capacity by 25%, to 140,000 b/d of oil, through the introduction of advanced digital technologies. ADNOC‘s goal is to increase production capacity to 5 million b/d of oil by 2027. The Satah …

READ MORE →
Eurasia Journal News

India Wants to Look for Offshore Oil Outside the Economic Zone

According to The Times of India newspaper, exploration of the continental shelf in other areas will allow assessing the potential for hydrocarbons and other minerals in the interests of the country‘s economic security. The Government of India plans to involve the Oil and Natural Gas Corporation (ONGC) and Oil India …

READ MORE →
Eurasia Journal News

A New Way to Increase the Production of High-Viscosity Oil Has Been Found

To do this, PNRPU scientists have created a three-dimensional model of the processes in the well. Perm Polytechnic University scientists have developed a technology that will reduce costs in the development of high-viscosity oil fields. To do this, they analyzed the extraction method using electric bottom-hole heating. The Devon News …

READ MORE →
Eurasia Journal News

A Well Will Be Drilled on the Colombian Shelf at a Record Depth of 4 km

Oil companies plan to drill an offshore well in Colombia at a record depth within a few months. Occidental Petroleum and Ecopetrol want to build the Komodo–1 well by the end of the year at a depth of about 3,900 meters. It will break the current record for drilling depth …

READ MORE →
Eurasia Journal News

Novoye Field Has Started Operating in Yamal-Nenets Autonomous Okrug

In this case, Novoye is also a name. Currently, there are 3 wells operating at the field, and by the end of the year, their number will more than triple. The area of ​​the field is more than 370 square kilometers, and recoverable oil reserves in category C1 exceed 350 …

READ MORE →
Eurasia Journal News

Greek Energean Announces Start of Development of Katlan Gas Field Offshore Israel in the Mediterranean Sea

Greek energy company Energean (100%, operator) announced the final investment decision (FID) on the Katlan field development project offshore Israel in the Mediterranean Sea. Capital expenditures will amount to approximately $1.2 billion. The field is located at a water depth of up to 1,800 m. The first stage of development …

READ MORE →