Figures Demonstrating Results of Our Operations in June and for Six Months of 2012
Crude Oil Production OAO TATNEFT produced 2,132,023 tons of crude oil in June or 100.1 percent versus June 2011 (+1,684 tons). The Company produced 12,913,231 tons In six months, which was 56,106 tons more than in 2011 (100.4 percent) with the above-the-plan production accounting for 287,017 tons (102,3 percent). The …
Krasnoleninsky Project – Exploration Drilling Update
International Petroleum Limited (NSX: IOP) (“International Petroleum” or the “Company”), an oil and gas exploration company with assets in Russia and Kazakhstan, announces that it has commenced drilling a new exploration well. The Company owns a 75% equity interest in the exploration rights to four blocks, covering a total area …
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 …