Drilling

ERIELL Group completed drilling of 4 directional wells of 3,532 — 3,880 meters in depth at Titas field in the Republic of Bangladesh under the contract with Gazprom International. The wells were constructed using the drilling rig ZJ-70 LDВ-450. Titas is not the only project of ERIELL in Bangladesh. Wells Shrikahil-3 (3,350m), Bekumgandzh (3,565m) and Semutang (3,032) have been drilled to date. In progress …

Gazprom Neft has announced the signing of a three-year framework agreement on drilling and well reconstruction with leading CIS onshore and offshore drilling service provider Eurasia Drilling Company Limited (EDC). Under the terms of this agreement, Gazprom Neft has estimated the full range of drilling services required by its subsidiary production companies, to be provided by EDC’s regional affiliates. EDC guarantees …

Cadogan published its Annual Financial Report for the year ended 31 December 2013 on 28 April 2014. Political situation We continue to monitor the current political situation in Ukraine carefully but there have been no disruptions to the Company’s operations, or ability to operate effectively, in any of our operating locations. As a …

Bashneft Group (further «Bashneft», «The Company», or «the Group»), which comprises JSOC Bashneft, its subsidiaries and affiliates, has released its audited consolidated financial statements for the fourth quarter and the twelve months ended December 31, 2013 prepared in accordance with International Financial Reporting Standards (IFRS) In 2013, the Group’s revenue from sales increased by 5.8% year-on-year to RUB …

1.    Could you please describe the capabilities of your rig fleet? Bashneft-Drilling: Our rig fleet is currently located in three oil producing provinces of Russia – the Urals-Volga region, the Khanty-Mansiisk Autonomous Okrug (KhMAO), and the Nenetsk Autonomous Okrug (NAO). Our rig fleet capabilities include: Urals-Volga region Drilling rigs with …

Vagit Alekperov, OAO LUKOIL President, participated in the ceremony dedicated to the start of production drilling at the Imilorsko-Istochniy license area today. The prompt launch puts the Company considerably ahead of schedule in the  implementation of the Early Oil project at the Imilorsko-Istochniy license area.The original plan was to start …

Crude Oil Production The amount of 2,221,896 tons of crude oil or 100.6 percent versus January 2013 was produced at JSC TATNEFT. All the NGDUs fulfilled the plan 100 per cent. The amount of 2,196,785 tons of oil was delivered with the above-the-plan delivery amounting to 19,955 tons. New Drilling …

ERIELL Group has achieved a new record level in the ARCTICGAZ project having drilled the well with a 1019 m-long horizontal wellbore in 68 days. Previous achievement also was displayed by ERIELL Group. The first in the Urengoy region 1 km-long horizontal Achimov well was drilled by ERIELL in 2013. …

Shelton Petroleum invests SEK 20 million in scalable oil facilities on the Rustamovskoye field in Russia in order to improve efficiency in the handling of current and expected future oil production. The infrastructure investments will enable a more efficient handling of produced oil from wellhead to point of sale. The …

PetroNeft owner and operator of Licences 61 and 67, Tomsk Oblast, Russian Federation, is pleased to announce an operations update. Highlights Delineation drilling results at Lineynoye No. 9 indicate the J1-1 interval is oil saturated and in line with expectations. Average Production remains at about 2,300 bopd, with additional workovers …