Russia Oil Gas Magazine

The Drilling Slider, Hydraulic Fracturing on Salt Water and the SHOCK Center of the TAGRAS Holding Division Received TatOilExpo-2024 Diplomas

In the competition for the best project or technical solution within the framework of the Tatarstan Petrochemical Forum TatOilExpo–2024, the TAGRAS–RS division of the TAGRAS Holding received the highest award. The drilling rig movement system was awarded the Grand Prix of the competition in the nomination “The best project/technical solution …

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Eurasia Journal News

Rosneft’s Software Package for Hydrodynamic Modeling Has Received New Features

Rosneft has released a new version of the RN–KIM hydrodynamic simulator. The advanced software package allows you to predict oil production volumes with high accuracy. The advanced functionality of RN–KIM makes it possible to simulate in detail the operation of wells with fractured hydraulic fracturing, as well as take into …

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Russia Oil Gas Magazine

SLB Announces First-Quarter 2024 Results, Targeting to Return $7 Billion to Shareholders Over 2024–2025

Revenue of $8.71 billion increased 13% year on year GAAP EPS of $0.74 increased 14% year on year EPS, excluding charges and credits, of $0.75 increased 19% year on year Net income attributable to SLB of $1.07 billion increased 14% year on year Adjusted EBITDA of $2.06 billion increased 15% …

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Eurasia Journal News

Rosneft for 9 Months Increased Production of Liquid Hydrocarbons by 3.9%, to 4 Million bpd

Gas production increased by 33%, to 1.5 million boe/s Production of liquid hydrocarbons by Rosneft over 9 months amounted to 4 million barrels. per day, which is 3.9% higher year-on-year and is mainly due to the resumption of production at the Sakhalin-1 project, the company reported. Against the background of …

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Russia Oil Gas Magazine

TNG-Group and VNIGNI will Choose the Optimal Hydraulic Fracturing for Bazhen in Ugra

In 2023–2024, the VNIGNI Institute will continue to study the Bazhenov formation of the Zaozernaya area together with the geophysical company TNG-Group (part of Tagras-Holding). Other divisions of the TAGRAS oil service holding are involved in work in Khanty-Mansi Autonomous Okrug-Yugra. The Devon News Agency learned about this from a …

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Russia Upstream Magazine

Future-Oriented Logistics: New Standards Set Through Digital Transformation and eWNOG Web-Platform

This article is being read and print-proofed in our classic PDF format (link) In the constantly evolving world companies have to compete both time-wise and technology-wise to stay successful. It’s well-seen in the ongoing expanding digital transformation of all industries that try to reach better performance and be at the …

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Eurasia Journal News

Belorusneft Plans to Upgrade Oil Production Equipment With the Help of China

The state-owned enterprise Belorusneft plans to upgrade oil production equipment through purchases from Chinese manufacturers. This is stated in a message on the website of the departmental publication Vestnik Belneftekhim. As part of the modernization program, the management of Belorusneft chose China as an alternative partner due to the difficult …

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Eurasia Journal News

Orenburgneft: Saved 1bn Rub Through Innovative Technologies

The economic effect from the introduction of innovative technologies at the production facilities of Orenburgneft JSC (a subsidiary of Rosneft Oil Company) in 2020 exceeded 1 billion rubles. Comprehensive development of scientific and technological potential is one of the key elements of the Rosneft-2022 Strategy. As part of this work, the …

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Russia Oil Gas Magazine

Halliburton: Introduces SmartFleet™ – The First Intelligent Automated Fracturing System

SmartFleet™ Intelligent Fracturing System Delivers Real-Time Control While Pumping Halliburton today introduced SmartFleet™, the first intelligent automated fracturing system. SmartFleet, unlike any current fracturing fleet, gives operators real-time fracture control while pumping by integrating subsurface fracture measurements, live 3D visualization, and real-time fracture commands. The SmartFleet system connects to the …

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Eurasia Journal News

Petrosibir: Results of Fracturing

Results of fracturing Petrosibir is pleased to announce the results of fracturing in the Ayazovskoye field, Bashkiria. Wells ##9 and 54 were fracced in August as announced earlier. The production has now stabilised, the current volumes are almost double compared to pre frac rates. Please see the table below for …

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