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 …
Lukoil starts active development at the West Qurna-2 field in Iraq
LUKOIL started production drilling and construction of a key production facility, namely a Central Processing Facility, at the West Qurna-2 field in Iraq today. Abdel Karim al-Luaibi, the Iraqi Oil Minister, and also the heads of the Basra province, Iraq’s South Oil Company, LUKOIL Overseas and of the major contractor …
TNK-BP Successfully Completes Its First Offshore Drilling Project on the Vietnamese Shelf
TNK-BP announced today that the group’s subsidiary TNK Vietnam has successfully completed the drilling of two development wells on the Lan Đỏ offshore field in Vietnam. TNK Vietnam began drilling operations on subsea development wells on January 14, 2012. Their construction on the Lan Đỏ field took 94 days to …
Max Petroleum: Drilling in the Asanketken Field
Max Petroleum Plc, an oil and gas exploration and production company focused on Kazakhstan, announces that it has commenced drilling the ASK-J1 development well in the Asanketken Field in Block E. Total depth of the well will be approximately 1,370 metres, targeting Jurassic reservoirs. Source
Alliance Oil Company: Higher oil prices in upstream compensated lower volumes while downstream was supported by firm demand
Alliance Oil Company’s average daily oil production for the first quarter of 2012 amounted to 56,400 bopd compared to 45,800 bopd in the first quarter of 2011. In total, 5.1 mbbl were produced compared to 4.1 mbbl in the first quarter of 2011. Preliminary average daily refining volumes at the Khabarovsk refinery amounted to 74,900 bopd in the first …