Oil & Gas Operators

Drilling Volumes In The Russian Federation Increased By 70% In 2023

The head of Rosnedra, Evgeny Petrov, noted that the data suggests that literally within one to two years, companies will be able to put on their balance sheet a fairly good resource base and mineral reserves, as well as open large deposits. The volume of well drilling in Russia increased …

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Oil & Gas Operators

KazMunayGas Plans To Drill Three Exploration Wells This Year

“KazMunayGas plans to drill more than three exploration wells this year,” said Magzum Mirzagaliyev, Chairman of the Company’s Board, in an interview with the press service. Equipment is already being mobilized at a well in the Kyzylorda region at the Turgai Paleozoi site; it is planned to go to great …

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Oil & Gas Operators

Udmurtneft Replenished Oil Reserves By 152% In 2023

The Udmurtneft company (operating under the management of Rosneft Oil Company and the Chinese petrochemical corporation Sinopec) in 2023 replenished oil reserves by 152%. Increasing the efficiency of reserve replenishment is one of the key elements of Rosneft’s development strategy. The company plans to replenish at least 100% of produced …

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Oil & Gas Operators

Six New Wells Replenished Belorusneft’s Fund In February

In February, specialists from the Svetlogorsk Drilling Department drilled six new wells. “New facilities have appeared at the Gartsevskoye, Yuzhno-Moskvichevskoye, Marmovichskoye, Severo-Domanovichskoye, Barsukovskoye and Beskopylnovskoye oil fields,” the company clarified. The production association “Belorusneft” was created in 1966. The company searches, explores and develops oil fields, drills wells, produces oil …

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Oil & Gas Operators

“Belorusneft”: The Discovery Of A New Deposit By A Northern Asset Expands The Prospects For Hydrocarbon Production

The Deputy General Director emphasized: this is a very good result for the West Siberian region, which expands prospects. “Firstly, the company’s areas of presence, and secondly, the resource base and production of hydrocarbons – oil and gas,” he listed. The discovery at the Izvestinsky site allows the company to …

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Oil & Gas Operators

Between Sozh And Dnieper. “Belorusneft” Conducts 3D Survey, Unique For Belarus

As Piotr Povzhik emphasized, the beginning of the year was very successful for Belarusian oil workers. “This year, within the Khoiniki region, as a result of drilling wells at the Beskopylnovskoye field, we discovered a new block where we received an influx of oil,” he recalled. The Deputy General Director …

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Oil & Gas Operators

Russia Offered Nigeria Cooperation In Oil And Gas Exploration

The head of the Ministry of Energy of the Russian Federation Nikolay Shulginov and the Minister of Oil and Gas Resources of Nigeria Ekperikpe Ekpo discussed cooperation on creating a network of gas filling stations. Russia is ready to cooperate with Nigeria in matters of exploration of oil and gas …

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Oil & Gas Operators

The Number Of Oil And Gas Drilling Rigs In The World Grew For The Second Month In February, Driven By Canada

The number of active oil and gas drilling rigs in the world increased in February for the second month in a row, mainly due to Canada, according to the American oil services company Baker Hughes. On average, 1,813 installations operated worldwide last month compared to 1,784 in January. At the …

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Service Companies & Manufactures

The TAGRAS Holding Division Is Mastering The Production Of Import-Substituting Products

With government support, TNG-Group is developing an analogue of Schlumberger MDT equipment, a drill rod drive for oil refineries and parts for the bottom drum of submersible equipment for galvanizing lines. As part of the decree of the Government of the country, which gives supplier companies the opportunity to modify …

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Oil & Gas Operators

Belarusian Oilmen Set A New Record For Well Drilling

The new high-speed drilling record became another achievement of oilmen. It was installed today, March 9, at the Rechitsa field, where well No. 445 was completed. The process of drilling a new facility took only 35.6 days. “This is an absolute record for the duration of development of the so-called …

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