Max Petroleum: Successful Well Drilled in the Borkyldakty Field
Max Petroleum Plc, an oil and gas exploration and production company focused on Kazakhstan, is pleased to announce that it has finished drilling the BOR-4 development well in the Borkyldakty Field, reaching total vertical depth of 1,609 metres. The well successfully encountered approximately 31 metres of net oil pay across …
Kara-Summer 2013 Expedition Ends Fieldworks in the Kara Sea
The Kara-Summer 2013 expedition organized by Rosneft in partnership with the Arctic and Antarctic Research Institute completed its voyage on August 16, 2013. Experts spent 30 days at sea aboard the Akademik Fyodorov survey vessel owned by the Arctic and Antarctic Research Institute. They conducted a large scale met-ocean survey …
Novatek announces second quarter and first half 2013 IFRS results
NOVATEK released its consolidated interim condensed financial information for the three and six months ended 30 June 2013 prepared in accordance with International Financial Reporting Standards (“IFRS”). IFRS Financial and Operational Highlights (in millions of Russian roubles unless otherwise stated) 2Q 2013 2Q 2012 1H 2013 1H 2012 Revenues 57,918 …
Max Petroleum: Halliburton to Provide Integrated Project Management Services To Drill and Complete NUR-1 Pre-salt Well
Max Petroleum, an oil and gas exploration and production company focused on Kazakhstan, is pleased to announce that it has entered into a memorandum of understanding with Halliburton Kazakhstan LLP, a subsidiary of Halliburton Energy Services, whereby Halliburton will provide integrated project management services for the drilling and completion of …
Max Petroleum Plc: Successful development well at Zhana Makat
Max Petroleum Plc, an oil and gas exploration and production company focused on Kazakhstan, is pleased to announce that the ZMA-A21 development well in the Zhana Makat Field has successfully reached a total vertical depth of 861 metres, encountering hydrocarbons in Neocomian and Jurassic sandstone reservoirs in line with expectations. …
Tatneft: Figures Demonstrating Results of Operations in June and for Six months of 2013
Crude Oil Production The amount of 2,145,524 tons of crude oil was produced at JSC TATNEFT in June accounting for 100.6 percent versus June 2012. The amount of 12,931,623 tons of crude oil was produced during six months, which was 18,392 tons more than in 2012 (100.1 percent) with the …
Bashneft Opens Innovative Drilling Support Centre in Ufa
Today, Bashneft Group opened a state-of-the-art Drilling Support Centre (DSC) in Ufa designed and constructed by Schlumberger, the world’s leading supplier of a full range of modern technologies, project management services and IT solutions for the oil and gas industry. The DSC is designed to provide professional real-time drilling support maximizing operational and economic efficiency. Bashneft’s investment in the creation of the DSC totalled 165 …
Parker Drilling Acquires International Tubular Services Limited, A Premier International Rental Tools and Well Services Provider
Parker Drilling Company, an international drilling contractor anddrilling services and rentaltools provider, announced today the acquisition of International Tubular Services Limited and certain affiliates(ITS),subsidiaries of ITS Tubular Services(Holdings) Limited, a privately held internationalrentaltools and wellservices company. In line with Parker?sstrategic goalto offer additional integrated products,services and expertise to international energy …
Dragon Oil plc: Interim Management Statement
Dragon Oil plc (Ticker: DGO), an international oil and gas exploration, development and production company, issues its Interim Management Statement in accordance with the EU Transparency Directive. The statement covers the period from 1 January 2013 to date. The financial, production and drilling results data are for the period from …
Alliance Oil Company: CAPEX plans for 2013
For 2013, Alliance Oil Company plans to further reduce upstream capital expenditures to 250-290 MUSD[1] and focus on organic development of production assets in all regions, launching gas production in the Tomsk region and evaluating exploration potential in the Timano-Pechora region. Downstream capital expenditures are budgeted at 430-490 MUSD[2], essentially in line with 2012 …