TNK-BP Applies Improved Multistage Hydraulic Fracturing Technology to Boost Well Performance in West Siberia
TNK-BP has become the first company in Russia to apply a unique improved multi-stage hydraulic fracturing technology to develop hard-to-recover reserves at mature fields in West Siberia, thereby reducing well completion cycle and costs. TNK-BP is implementing a comprehensive programme to boost production performance of its mature fields in West …
The ROGTEC Interview: Francis Sommer, Senior Vice President, Operations & Technology at TNK-BP
What are TNK-BP’s key upstream objectives for 2012 in Russia? Continued improvement of our HSE performance in all our operations will be a key priority for us. We will remain relentlessly focused on this task. Of course, efficient reserves recovery and increasing oil production in order to meet our planned …
TNK-BP Announces 2011 International Reserves Audit – Reserve Replacement at 145%
TNK-BP published the results of an international audit of its reserves at the end of 2011. As of December 31, 2011, the total proved SEC life-of-field (LOF) reserves of TNK-BP consolidated subsidiaries, estimated according to the criteria of the US Securities and Exchange Commission (SEC), amount to 9.115 billion barrels …
TNK-BP To Invest $170m in New Technologies In the Orenburg Region by 2016
OJSC Orenburgneft plans to invest $170 mln in a programme to deploy new technologies by 2016. The Company’s focus areas include boosting reserves and optimizing field developments; well work and drilling; energy-saving equipment and improving the efficiency of field facilities. During 2011 around 40 technology projects were reviewed, 14 of …