International Experience of Shale Oil Production: Implications for the Bazhenov Formation and Russian Equipment Manufacturers
1. Shale Oil in Russia and the Bazhenov Formation In Russia, the main volume of shale oil (LTO*) resources is located in the Bazhenov, Domanik, and Khadum formations, of which the first is the most promising. The Bazhenov formation is a group of mature source rocks found over an area …
Gazprom Neft: Opens a Production Control Center in Muravlenko
Gazprom Neft has opened a Production Control Center (MCC) in Muravlenko. The new MCC forms a single physical and information space for the most efficient implementation of the potential of Gazpromneft-Noyabrskneftegaz assets. The main task of the new division is the operational and systemic management of the operational activities of the …
Gazprom Neft: Developing an Innovation Center for Researching Unconventional and Hard-to-Recover Reserves in Yugra
Gazpromneft – Technological Partnerships opened new laboratories at the Core Research Center in Khanty-Mansiysk. The project, with a total investment of 1.3 billion rubles, will create the most modern site in Russia for studying hard oil rock samples and accelerate the development of technologies for developing the Bazhenov formation. The …
Gazprom Neft: Successfully Tests BURINTECH’s Rotary Steerable System
The Russian rotary steerable system (RSS) was successfully tested at the Yuzhno-Priobskoye field of Gazprom Neft. The equipment is designed for drilling complex wells with a large length of horizontal and directional sections. Duplication of the technology will significantly reduce the cost of equipment and improve the economics of the well construction …
Gazprom Neft Improves the Efficiency of Oil Production from Low-Permeability Reservoirs
Gazprom Neft has developed and successfully tested an innovative method of increasing oil recovery, which makes it possible to triple oil production from low-permeability reservoirs. The new jet tunneling technology * was tested in the Eastern section of the Orenburg field, developed by Gazpromneft-Orenburg. The economic effect from the introduction of technology …
Gazprom Neft: 15 Millionth Ton of Oil Produced at the Prirazlomnoye Field
The Prirazlomnoye field in the Barents Sea has produced the 15 millionth ton of oil since the start of commercial production. The project continues to successfully develop in the difficult climatic conditions of the Arctic, ensuring uninterrupted production of hydrocarbons, shipping and supply of raw materials to consumers from the Prirazlomnaya platform. In …
Gazprom Neft 9M 2020 Net Profit Reaches RUB36.2 Billion
Gazprom Neft today announces its consolidated IFRS financial statements for the nine months (9M) and third quarter (Q3) of 2020. Lower oil and petroleum product prices in the domestic and international markets continued to impact the Company’s financial performance in Q3 2020, as did the limited recovery in demand for energy resources under COVID-19 restrictions …
Gazprom Neft: Together with Partners, is Concentrating on Maintaining the Stability of the Oilfield Services Market
Gazprom Neft held an annual meeting with partners that provide oilfield services. The online conference brought together over 150 representatives of the company and contractors. One of the most important topics of the meeting was the preservation of the stability of the oilfield services market in the context of the COVID-19 …
Gazprom Neft: Joins the UN Global Sustainable Development Initiative
Gazprom Neft has become a party to the UN Global Compact, the largest international initiative in the field of sustainable development and corporate social responsibility. The company confirms its intention to integrate the 10 Global Compact principles on human rights, labor relations, environmental protection and anti-corruption into the business strategy, decision-making …
Gazprom Neft: Specialists Taught Program to Recognize Rocks by Photo
Gazprom Neft has successfully tested a new technology based on machine learning and digital vision for studying rocks at fields in Western Siberia. The project proved the ability to accelerate laboratory analysis of a full-size core by 7 times to make a decision on its further research program. For this, cores are …