Drilling

Shale oil reserves in the southeastern Diyarbakir Basin of the Republic of Türkiye are estimated at 6.1 billion barrels, according to assessments by Continental Resources, a U.S.-based oil company. This was announced by the Minister of Energy and Natural Resources of Türkiye, who noted that such a volume of resources …

The Russian Federation and the Kingdom of Bahrain have discussed the terms of Russian energy supplies to Bahrain, as well as the possibilities for joint cooperation in geological exploration and the production of oil and gason Bahrain’s continental shelf with the participation of Russian companies, according to an official statement …

Gazprom Neft has published its consolidated condensed interim financial statements for the first quarter of 2025, prepared in accordance with International Financial Reporting Standards (IFRS). Despite macroeconomic headwinds, inflationary pressure, and an increase in the tax burden, the company achieved strong operational performance during the reporting period. Revenue for Q1 …

The Republic of India is offering the Russian Federation access to 200,000 square kilometers of its territory for oil and gas exploration. This was announced by Hardeep Singh Puri, the Minister of Petroleum and Natural Gas of the Republic of India. “We are offering 200,000 square kilometers for drilling in …

In the United States of America, the number of active oil and gas drilling rigs fell to 578 units by the end of the first week of May, down from 586 units in April. This represents the lowest level since the beginning of the current year. According to Baker Hughes, …

A complex method of seismic signal generation was applied at challenging sites in the Irkutsk Region and in the Yamalo-Nenets Autonomous Okrug, located within the Arctic territories of the Russian Federation. The company Geotek Joint Stock Company carried out large-scale three-dimensional seismic surveys in Eastern Siberia and in the Yamalo-Nenets …

The oilfield services enterprise SpetsPromService, in which Public Joint Stock Company LUKOIL holds a 49.5 percent stake, increased its revenue six hundredfold in the year 2024, reaching 20.4 billion Russian rubles, according to a report by Kommersant. The publication notes that the revenue figures of SpetsPromService are now comparable to …

The organizing committee is proud to announce that Nedra Digital will participate in the 10th Anniversary KDR – Well Engineering Forum as a Gold Sponsor. The forum will take place on 18 September 2025 in Astana, bringing together leading industry experts to discuss innovations in drilling, completion, and production. Nedra …

With global energy security back in focus, the offshore drilling market is experiencing a significant resurgence. No longer seen as a legacy sector, it’s fast becoming a cornerstone of modern energy strategy particularly as deepwater reserves grow in importance and geopolitical pressure heightens the need for stable supply chains. According …

Specialists from the geophysical company TNG-Group have gained new insights into the geological structure of the southern part of the Keremetyevskoye oil field. This has made it possible to identify drilling locations. The geological team was assisted by data obtained from seismic exploration conducted in the Chelno-Vershinsky District of the …