Digital Captain System Helps Gazprom Neft Reduce Costs of Arctic Oil Marine Logistics by 12%
The economic efficiency from the introduction of the digital Arctic logistics management system “Captain” for 2019-2020 amounted to 0.9 billion rubles. Thanks to the application of this system, the unit costs of Gazprom Neft for the export of 1 ton of Arctic oil have decreased by 12% in comparison with the years before …
Digital Technologies Increase the Efficiency of Oil Production of Gazprom Neft in the Tomsk and Omsk Regions
Gazpromneft-Vostok launched a digital twin of the Urmano-Archinsky group of fields in the Tomsk region. The innovative system is one of the tools of the Production Control Center, which unites models of oil and gas infrastructure of the fields. Its launch will increase the production of hydrocarbons, improve the environmental …
Arctic Oil in the Total Production of Gazprom Neft Exceeds 30%
In 2020, Gazprom Neft has maintained the pace of development in the Arctic. Production at fields beyond the Arctic Circle accounted for 31% of the company’s total hydrocarbon volume. The company’s largest Arctic asset is the Novoportovskoye field on the Yamal Peninsula. Here, in 2020, 14.87 million tons of oil equivalent were …
Technologies Developed in 2020 Will Bring Gazprom Neft over 7 billion Rubles
In 2020, Gazprom Neft created 13 new technological products to improve the efficiency of hydrocarbon prospecting and production. The economic effect from the implementation of these solutions can be 5 times higher than the volume of investments for their development and amount to over 7 billion rubles. Digital and technological products …
Gazprom Neft: Increases Bazhenov Production by 78% Compared to 2019
In 2020, Gazprom Neft reduced the cost of producing unconventional oil by 20% compared to 2019, to RUB 13,000 per ton. By the end of 2021, it is planned to reach the level of 8.5 thousand rubles per ton, which will allow the start of industrial development of the Bazhenov formation at the …
Gazprom Neft: 2020 Financial Results – NET Profit Down 70% yoy
Gazprom Neft (the “Company”) today has published its IFRS consolidated financial statements for the 12 months and fourth quarter (Q4) ended 31 December 2020 (FY 2020). The Company recorded consistent net-profit growth in Q2—Q4 2020, the challenging market environment notwithstanding Adjusted EBITDA* was ₽485.2 billion in 2020 Net profit has been positive since Q2, reaching ₽81.5 billion in Q4 2020, a three-fold increase on Q3 …
Gazprom Neft: Hydrocarbon Reserves Increased by 36%
In 2020, the total reserves of Gazprom Neft (taking into account the share in joint ventures) of the proved and probable categories increased to 3.9 billion toe. The provision of the company’s production with hydrocarbons has reached 22 years. Proved reserves (proved, 1P) of Gazprom Neft hydrocarbons according to international PRMS …
Gazprom Neft: Named the Most Transparent Russian Company in 2020
Gazprom Neft was recognized as the most transparent Russian company in 2020 for the high quality of corporate reporting. The company has become a laureate of the annual award “For active corporate policy in the field of information disclosure.” The award was established by the news agencies Interfax and AK&M, …
NewTech Services: Gazprom Neft Completes Field Run of RSS and Logging Tools
NewTech Services and Gazprom Neft have successfully completed another field run of a new 4 3/4″ push-the-bit Rotary Steerable System (RSS), the Neutrino™ Ultra High-Speed MWD tool, and the MFWPR® Resistivity LWD tool in the Yuzhno-Priobskoe Field. The primary objective of the field trial was the qualification of the RSS …
Gazprom Neft and SNF to Develop EOR Technologies
Gazpromneft – Technological Partnerships (formerly the Bazhen Technology Center), the French SNF holding and its Russian subsidiary SNF Vostok signed a memorandum of cooperation in the development, testing and launch of technologies for chemical enhanced oil recovery technologies on the Russian market. The parties agreed to cooperate in the production …