JKX: Completes Koshekhablskoye Gas Plant and is Awarded Giorgievskoye Exploration Licence
· Completion of Gas Plant at the Koshekhablskoye field in Russia and initiation of gas sales · Award of 170.7 sq km Giorgievskoye exploration licence in Adygea, southern Russia · Successful exploration well Z-04 in the Zaplavskoye exploration licence in Poltava, Ukraine · Commencement of production from the Elizavetovskoye licence in Poltava, …
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 …
Gazprom and members of Japanese Parliament discuss prospects for gas supplies buildup
The Gazprom Export headquarters hosted today a working meeting of Alexander Medvedev, Deputy Chairman of the Gazprom Management Committee, Director General of Gazprom Export with a parliamentary delegation representing the ruling Democratic Party of Japan, with Seiji Maehara, Member of the House of Representatives, Chairman of the Party’s Policy Affairs Research Council at the lead. The meeting addressed the current cooperation of Gazprom …
Max Petroleum: 1st May Production Update
Max Petroleum Plc, an oil and gas exploration and production company focused on Kazakhstan, announces an update on production. Asanketken The ASK-2 well in the Asanketken Field has begun testing in a Jurassic reservoir from depths between 1,302 and 1,305 metres, producing at a stable rate of 616 barrels of …
Senergy announces high profile appointment director at fast-growing SDS business
Fast-evolving Senergy Development Solutions (SDS), which specialises in oil and gas facilities engineering and total project delivery, has positioned itself to harness the increasing market demand for its services by appointing a third director to its leadership team. Well-known industry figure Rob Fisher joins fellow directors, Murray Douglas and Stuart …
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 …
Drilling and Production Technology: Past, Present and Future
Lopukhov A.N. OJSC Samotlorneftegaz Ph.D.Econ., Avanyan E.A. LLC Nitinoil Cand. Sc. Eng. Khalov M.O. MAI It is commonly accepted that the development of oil and gas deposits is the scientific process of extracting hydrocarbons and associated minerals from the subsoil. This process includes the drilling and production of the reserves. …
Waterflood Management at TNK-BP: Focus on Efficiency
Marat Basyrov, Director, Reservoir Management Functional Excellence Dept., Reservoir Management and Reserves Division, Upstream The main goal of water flooding is to maintain reservoir energy (reservoir pressure) and the displacement of oil to production wells. The amount of injected water and the location of the injection site are very important. …
Arctic Exploration: Industry’s Cold Feet Begin to Thaw as Activity Hots Up
Mark Thomas The fact that the Arctic offshore contains huge estimated oil and gas reserves is nothing new, despite the relatively small amount of hydrocarbons currently being produced from its waters. But a gradual thawing in the arguments against why responsible exploration and development activity cannot take place has brought …
Developing Shtokman: Mitigating the Environmental Impact
Marat Sharifullin, Deputy Technical Director for Environment, Shtokman Development AG Ensuring environmental safety is one of the main conditions when developing large oil and gas projects in the Russian arctic, and this especially applies to the Shtokman gas condensate field (SGCF) development project in the Barents Sea. The Shtokman project …