Max Petroleum Plc: Operational and Financial Update
Max Petroleum Plc, an oil and gas exploration and production company focused on Kazakhstan, announces an operational and financial update. The Company has experienced further delays drilling its NUR-1 well and as a result does not expect to reach total depth of 7,250 metres before August 2012. The delays largely …
Exillon Energy plc – May Production Reportand Drilling Update
Exillon Energy plc (EXI.LN), a London Premium listed independent oil producer with assets in two oil-rich regions of Russia, Timan-Pechora (“Exillon TP”) and West Siberia (“Exillon WS”), is pleased to announce unaudited production data for the month of May 2012. · Average daily production1 for the Group was 11,320 bbl/day during the period. …
Tatneft: Figures Demonstrating Results of Our Operations in May and for Five Months of 2012
Crude Oil Production 2,199,508 tons of crude oil were produced in May with the production for five months amounting to 10,781,208 tons accounting for 54,422 tons increase versus 2011 (100.5%). 10,624,550 tons of crude oil were delivered with the above-the-plan delivery amounting to 315,640 tons. OAO TATNEFT Group of companies …
Problems and Solutions for Shelf Projects in the Caspian Sea, Black Sea and Sea of Azov
The Russian government views the southern shelf region as a crucial area of hydrocarbon reserves which should be developed in the near future. The offshore production will offset the production decline in the traditional oil and gas producing regions in Western Siberia and the Volga-Urals. However, the development of the …
TNK-Uvat Introduces Cutting-Edge Horizontal Drilling Technology in Ust-Teguss
TNK-Uvat tested a mini-pilot hole drilling technology in its Ust-Teguss field to improve economic efficiency and reduce horizontal well drilling time. As a result, well construction time has been cut by 30 percent – from 46 days to 30 days. One of the key fields in Uvat, Ust-Teguss is now …
Rosneft: The Model for Drilling Success
K.V.Kudashov, R.A. Malakhov, Rosneft Oil Company Introduction In 2010, Rosneft was the fourth largest oil producer in the world, and the largest producer in Russia (Fig. 1). It is impossible to increase and maintain this position and continue to produce high production levels without increasing the volume of wells drilled …
ROGTEC Technology Roundtable: Russia’s Regional Drillers
Welcome to all of our participants. Could you briefly describe the rig fleet that you are operating in Russia? LLC Integra-Drilling: A part of rig fleet of Integra – Drilling (Integra Group) is presented by 320 ton Drilling Rigs BU 3D designed mainly for exploratory or single well drilling. …
Roxi Petroleum: Spuds NK-13
Roxi, the Central Asian oil and gas company with a focus on Kazakhstan, is pleased to update the market with operational progress at its Galaz Contract Area. NK-13 well was spudded on 28 May 2012. The well is planned to drill to a total depth of 1400 metres to appraise …
Exillon Energy: Production up 55% and Oil Processing Unit Fully Operational
Exillon Energy plc, a London listed independent oil producer with assets in two oil-rich regions of northern Russia, Timan-Pechora (“Exillon TP”) and West Siberia (“Exillon WS”), today issues its Interim Management Statement and April Production Report. The financial and production data are for the period from 1 January 2012 to …
Tatneft: Operation Results for April
Crude Oil Production OAO TATNEFT produced 2,128,087 tons of crude oil in April, while the production volume for four months amounted to 8,581,700 tons accounting for 56,819 tons increase versus 2011 (100.7%) with the above-the-plan production amounting to 187,498 tons (102.2%). The amount of 8,455,955 tons of crude oil was …