Oil Production in Khanty-Mansiysk Autonomous Okrug in 2023 Decreased By 3.1%
In 2023, 216 million tons of oil were produced in the Khanty-Mansi Autonomous Okrug (KhMAO). This follows from the materials of the Department of Subsoil Use and Natural Resources of the Khanty-Mansi Autonomous Okrug. Oil production in Khanty-Mansi Autonomous Okrug In 2023, 216 million tons of oil were produced in …
Nostrum Has Begun Re-drilling Wells at The Chinarevskoye Oil and Gas Condensate Field
Nostrum Oil & Gas PLC has begun re-drilling well No. 301 at the Chinarevskoye oil and gas condensate field (OGCF) in Kazakhstan. The company’s press service reports this. Re-drilling program Well No. 301 is the 1st of 2 wells provided for by the re-drilling program at the Chinarevskoye oil and …
Roscosmos Delivered The First Russian Hydraulic Fracturing Fleet to The Khanty-Mansi Autonomous Okrug For The Production of Hard-to-Recover Oil
The Moscow Institute of Thermal Engineering (part of the Roscosmos corporation) supplied the first domestic fleet for hydraulic fracturing (hydraulic fracturing) to the Khanty-Mansi Autonomous Okrug. Hydraulic fracturing technology is one of the main operations in the extraction of hard-to-recover oil reserves. “The Moscow Institute of Thermal Engineering Corporation, with …
Shell Greenlights Drilling Program For 2024
Shell has approved a two-well drilling campaign planned for 2024 in the North Sea. The information follows from a published statement by Shell’s joint venture partner Deltic Energy. Exploration well at the Selene field Selene natural gas field: believed to be one of the largest undiscovered structures in the Leman …
The US Increased Shale Oil Production Amid OPEC+ Production Cuts
The US exceeded the forecast for production in the current quarter by 800 thousand barrels. per day, the volume amounted to 13.3 million barrels. At the same time, OPEC+ countries are cutting production – Russia has been reducing it by 500 thousand barrels since March. per day. The United States …
A New Well Was Drilled at The Dayakhatyn Field in Uzbekistan
Uzbekneftegaz is carrying out large-scale work to increase natural gas production and hydrocarbon reserves in the fields. The company’s press service reported this on December 19, 2023. Theses of Uzbekneftegaz: in Karakul district of Bukhara region drilling work was successfully completed at well No. 117 of the Dayakhatyn gas condensate field …
US Shale Producers Will Significantly Reduce Drilling Costs
Next year, US shale operators are expected to significantly reduce US drilling costs, Bloomberg reports. Private oil and gas operators will cut their budgets by an average of 4% to $34.4 billion in 2024, according to Barclays PLC’s annual global spending survey. The cuts, the biggest ever forecast by a …
Nabors Industries Completes Its Most Impactful Energy Transition Investment to Date
Nabors Industries Ltd. issued the following statement today from Chairman, President and CEO Anthony G. Petrello regarding the closing of the previously announced business combination between Nabors Energy Transition Corporation (“NETC”), the special purpose acquisition company (SPAC) sponsored by Nabors, and Vast Renewables Limited (“Vast”). The combined company now trades …
Belorusneft Drillers Set a New Record
Belorusneft drillers set a new record, BelTA learned from the company. The team of the Svetlogorsk Drilling Operations Department became the author of a new record, set on December 4 by brigade No. 9 of drilling foreman Alexey Kuzhelev. In one day, his workers drilled 700 m of rock. This …
British Shell Has Two North Sea Drilling Targets Planned for Next Year
Deltic Energy, a London-based oil and gas exploration company investing in the UK’s established hydrocarbon provinces, has significant interests in a number of highly prospective licenses in the southern and central North Sea and is Shell’s joint venture partner in the UK’s southern North Sea. Deltic Energy said the Selena …