Integra Group Interim Management Statement and Financial Highlights for the 9M 2012
Integra Group (LSE: INTE) released today its Interim Management Statement and unaudited financial highlights for the nine months period ended September 30, 2012. The financial data are based on management assessment only and have not been reviewed by external auditors. Operations of Integra Group’s Formation Evaluation segment were discontinued following …
Development of the Russian Arctic Shelf: The Need for Accelerated Development Part 2
Vadim Kravets: leading Analyst Following on from Part 1 of this article which ran in issue 30 of ROGTEC, the article discussed how In early August 2012 the Russian government requested a revision of the draft Program for development of the Continental Shelf. On the whole, however, the government approved …
TNK-BP Dual Completion: Unlocking Hidden Potential
Studies by the Tyumen Petroleum Research Centre (TNNC) show that TNK-BP is failing to take full advantage of the major benefits that could be gained by applying dual completion (DC) technology at its oil fields. Each of the Company’s target subsidiaries (TS) has encountered its own specific difficulties when it …
Multi Zone Hydro Fracturing at Lukoil
Between 2013-2015, LUKOIL plans to drill 449 horizontal wells using multi-zone hydrofracturing (HW with MZHF). During 2011, 96 of these wells were drilled and by the end of 2012, LUKOIL will have drilled a further 108. Using this technology has proved highly effective on the difficult reserves of Western Siberia. …
Roxi Petroleum plc: First Production From Munaily
Roxi Petroleum plc, the Central Asian oil and gas company with a focus on Kazakhstan, is pleased to announce that production at the Munaily field from Well H1 has commenced at a rate of 125 bopd as of 2 December2012. The Munaily field is located in the Atyrau Oblast approximately …
NGV fuel market development to become an important part of Gazprom activities on gasification of Russian regions
The Gazprom Board of Directors took notice of the information relevant to the comprehensive regional gasification with due account of the NGV fuel market development. It was noted that since 2013 the annual Program for Russian Regions Gasification, regional programs for gas supply and gasification development and synchronization schedules for gasification programs will contain mandatory sections on the NGV fuel use and the …
Gazprom: Management Committee reports expenditures to Board of Directors
The Board of Directors took notice of the information regarding the expenditures of Gazprom and its subsidiaries. It was noted that in the previous two years Gazprom had been one of the world’s leading companies by net profit and that it was a leader among the international oil and gas majors by profitability. Practical application of the price formula for pipe products in the first …
Roxi Petroleum plc: Galaz Spudding NK-12
Roxi Petroleum plc, the Central Asian oil and gas company with a focus on Kazakhstan, is pleased to announce that the NK-12 well at the NW Konys asset (Galaz) was spudded on 23 November 2012. This appraisal well is planned to drill to a total depth of 1500 meters and …
December 6the prospects of the Russian suppliers for oil and gas shelf will be discussed in Moscow
December 6th the VIIth International conference «Oil and gas shelf contracting» (Neftegazshelf-2012) will be held in Moscow where practices of delivery commitment of the Russian industrial production will be discussed. Topics under discussion: – Strategies of localization of the equipment according to the order of the Government of the RF …
Exillon Energy plc: November Production Report
3 December 2012 – Exillon Energy plc (EXI.LN), a London Premium listed independent oil producer with assets in two oil-rich regions of Russia, Timan-Pechora (“Exillon TP”) and West Siberia (“Exillon WS”), is pleased to announce unaudited production data for the month of November 2012 (“the Period”). · Our average daily production[1] was 15,427 bbl/day during …