Drilling

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 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 (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 …

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 …

ERIELL Group started drilling 29 additional wells in the Urengoi Oil and Gas Condensate Field, within the framework of a new agreement with CJSC Achimgaz. ERIELL Group is the general contractor and provides the services on a turnkey basis. The agreement includes the construction of directional production S-shaped wells in …

Crude Oil Production The amount of 2,206,902 tons of crude oil was produced at the JSC TATNEFT in December or 100.2% versus December 2011. The amount of 26,005,104 tons of crude oil was produced during twelve months, which was 76,609 tons more than in 2011 (100.3%) with the above-the-plan production …

Between 2013-2015, LUKOIL plans to drill 449 horizontal wells using multi-zone hydrofracturing (HW with MZHF). During 2011, 96 of these wells were drilled and by the end of 2012, LUKOIL will have drilled a further 108. Using this technology has proved highly effective on the difficult reserves of Western Siberia. …

Roxi Petroleum plc, the Central Asian oil and gas company with a focus on Kazakhstan, is pleased to announce that the NK-12 well at the NW Konys asset (Galaz) was spudded on 23 November 2012. This appraisal well is planned to drill to a total depth of 1500 meters and …

PetroNeft Resources plc owner and operator of Licences 61 and 67, Tomsk Oblast, Russian Federation, is pleased to provide an update on its operations at Licence 61. Highlights: •    Arbuzovskoye well 109 successfully completed and put into production •    The well is just beginning to stabilise after experiencing flow line …

Crude Oil Production The amount of 2,207,049 tons of crude oil was produced at JSC TATNEFT in October or 100.2% versus October 2011. The amount of 21,663,120 tons of crude oil was produced during ten months, which was 67,823 tons more than in 2011 (100.3%) with the above-the-plan production in …