Eurasia Journal News

TotalEnergies Increases Stake In Eagle Ford Field

The French company TotalEnergies has entered into an agreement to purchase a 20% stake in the Eagle Ford field in Texas from Lewis Energy Group (EOG Resources manages the remaining 80%). This was reported by the press service of TotalEnergies. The acquisition will allow the company to increase its U.S. …

READ MORE →
Russia Oil Gas Magazine

A New Way To Revive Wells Has Been Found

Tatneft drills sidetracks on a casing liner without conducting geophysical research. Today, many of Tatneft’s fields in Tatarstan are at a late stage of development. There are a number of problems associated with this. Among them are the aging of the operating stock, a high degree of depletion of reserves …

READ MORE →
Eurasia Journal News

Lukoil May Increase Investments In Geological Exploration By 30% In 2024

According to the head of the company’s geological exploration department, Alexander Semyanov, investments could grow to 47 billion rubles compared to 36 billion rubles in 2023. Lukoil’s investments in geological exploration may grow by 30% this year – to 47 billion rubles, compared to 36 billion rubles in 2023, follows …

READ MORE →
Eurasia Journal News

Turkey Begins Drilling In The Black Sea In Search Of Gas

Turkey has begun drilling the Göktepe-1 well in the Black Sea to determine the presence of gas deposits, Energy and Natural Resources Minister Alparslan Bayraktar said. Turkey will conduct exploration in three places in the Black Sea this year to determine the presence of gas deposits, Bayraktar said earlier. “The …

READ MORE →
Eurasia Journal News

TotalEnergies Will Resume Production At The Tyra Field Off The Coast Of Denmark

TotalEnergies is resuming production at the Tyra field off the coast of Denmark after its large-scale reconstruction, which will make the kingdom a net exporter of natural gas, follows from a press release from the French company. “Total Energies announces the resumption of production at the Tyra field in the …

READ MORE →
Eurasia Journal News

American Westlawn Americas Offshore Begins Expansion Into Latin America

Houston-based Westlawn Americas Offshore, part of the Westlawn Group, is entering the Latin American oil and gas playground through a deal with Brazilian oil and gas company Enauta. Westlawn Americas Offshore has signed a sales agreement with Enauta to purchase a 20% interest in the BS-4 concession, which includes the …

READ MORE →
Eurasia Journal News

The Increase In Oil Reserves In The Russian Federation In 2024 May Amount To 525 Million Tons

Gas reserves may reach 670 billion cubic meters, according to the forecast of the All-Russian Scientific Research Geological Petroleum Institute. The increase in oil and condensate reserves based on the results of geological exploration in Russia in 2024 may amount to 525 million tons, and natural gas – 670 billion …

READ MORE →
Eurasia Journal News

Turkmenistan Wants To Attract Foreign Investors To The Exploration And Development Of The Caspian Shelf

Turkmenistan plans to attract foreign companies to the exploration and development of fields on the Caspian Sea shelf, said the country’s ambassador to Russia Esen Aydogdiev. “President Serdar Berdimuhamedov instructed to continue to ensure a reliable supply of natural gas to domestic and foreign consumers. At the same time, emphasis …

READ MORE →
Eurasia Journal News

Abramovich’s Son’s Company Was Allowed To Commission 3 Gas Fields Of The Vostok Project

Diall Alliance LLC (controlled by Arkady Abramovich) received permission from Rosnedra to commission production facilities at three fields in the eastern part of the Bortovoy license area in the Saratov region, the regional Ministry of Industry and Energy reports. We are talking about the objects of the Pavlovskoye field in …

READ MORE →
Eurasia Journal News

“Gazprom Dobycha Noyabrsk” Commissioned New Wells At The Chayandinskoye Field

At the Chayandinskoye oil, gas and condensate field  seven new gas wells in the area of Gas Pre-Treatment Unit No. 4 have been connected to the installation and put into operation. They operate stably, in accordance with the established technological regimes. All active gas well pads at the field are …

READ MORE →