450 Oil Wells Remain in Water in Kazakhstan
Since the beginning of the flood, oil production in Kazakhstan has decreased to 20 thousand tons, while many wells are still flooded and are not working. About 450 oil production wells still remain in a flooded state, previously this figure was 673, the Ministry of Energy of Kazakhstan said. Since …
Rosneft Held a Presentation of New Software for Large Oil and Gas Companies
Rosneft held a Technology Day, which was attended by more than 150 representatives of the largest oil and gas companies. Specialists from Rosneft scientific institutes told their colleagues about new products and capabilities of the line of high-tech software. The event participants issued more than 200 test licenses for 13 …
Belorusneft Set a New Record for Drilling Wells
A new record level was set today by team No. 1 of well repair shop No. 2 under the leadership of drilling foreman Alexander Konyshev. A daily penetration of 380 m was achieved when drilling a sidetrack at well 336s2 of the Rechitsa oil field. The previous record was exceeded …
80 Wells Will Be Drilled in Kazakhstan in 2024 to Search for Oil
According to Vice Minister of Energy Askhat Khasenov, it is planned to drill 80 prospecting and exploration wells in Kazakhstan in 2024, a Kazinform agency correspondent reports. He explained that, given the annual decline in oil production at the fields of the Kyzylorda region, in 2024, drilling of a deep …
Hibiscus Oil & Gas Malaysia Has Explored New Oil Reserves Offshore Malaysia
Hibiscus Oil & Gas Malaysia (a subsidiary of Hibiscus Petroleum Berhad) has successfully completed the drilling of the Bunga Aster-1 exploration well on the Malaysian continental shelf. This was reported by the press service of Hibiscus Petroleum. Well Bunga Aster-1 found: oil sandstone deposits in the interval of about 17.5 …
Triangle Energy is Preparing to Drill Its First Well in 30 Years in Western Australia’s Perth Basin
Triangle Energy Global is set to begin drilling Booth-1, its first well in the Perth Basin in Western Australia. The company’s press service reported this on April 18, 2024. The company notes that the lease contract for the Ventia 106 drilling rig has been signed, all necessary approvals have been …
Novatek Began Production at the Severo-Chaselskoye field in the Yamal-Nenets Autonomous Okrug
The annual production level will exceed 3 billion cubic meters of natural gas. Novatek has begun production at the Severo-Chaselskoye field in the Yamalo-Nenets Autonomous Okrug. The annual production level at the field will exceed 3 billion cubic meters of natural gas and 0.1 million tons of gas condensate per year, …
Aker BP Commissions Hanz field in the North Sea
Aker BP has started production at the Hanz field in the North Sea. This was reported by the press service of the Norwegian company. Theses from Aker BP CEO K. Hersvik: this is another great example of what we can achieve by working as a team with our suppliers to …
Australian Santos Reduced Hydrocarbon Production by 2% in the First Quarter
In the first quarter of 2024, the Australian company Santos Ltd. decreased hydrocarbon production by 2% compared to the same period in 2023 – to 21.8 million barrels of oil equivalent. The company’s press service reported this. Sales volumes decreased by 3% to 23.2 million barrels of oil equivalent, and revenue fell …
Barossa Gas Project on Australia’s Continental Shelf Nears Completion
The Barossa gas project, located in the Timor Sea on the continental shelf of north-west Australia, is now 70.6% complete. The Santos company announced this on April 18, 2024 in its report for the 1st quarter of 2024. Santos theses: installation of the 262km export gas pipeline between the floating …