Gazprom Neft

Gazprom Neft is the first vertically integrated oil company (VIOC) in Russia to bring the monitoring of all equipment at automated filling stations together in a single “smart” system — its “Infrastructure Monitoring Centre” (IMC). The IMC’s automatic monitoring and predictive analytics capacities mean equipment status and filling stations’ fuel-quality and safety operational processes can be monitored online. The …

Gazprom Neft has begun active development of an oil-rim deposit at the Chayandinskoye oil and gas condensate field. Commercial inflow at the first production well is more than 150 tonnes of oil per day. The company plans to produce up to three million tonnes of oil equivalent (mtoe) per year, going forward. Gazprom Neft subsidiary Gazpromneft-Zapolyarye has begun shipping commercial …

Effective well stimulation with hydraulic fracturing requires indepth engineering and technological research. This paper shows various ways of optimizing multistage fracturing operations in reservoirs with weak barriers with low stress contrasts. One of the solutions is to optimize the existing guar fluid systems to control the fracture height. The following …

Gazprom Neft and Repsol are developing a joint venture to conduct geological exploration at six license blocks in the Karabashsky zone of the Khanty-Mansi Autonomous Okrug. The joint venture will be established through Karabashsky-6 LLC, owned by Gazprom Neft, which holds geological prospecting licenses to six blocks in the south—west of the Khanty-Mansi Autonomous Okrug. Repsol will acquire a 50.1-percent share in the company’s …

Net profit for 9M 2019 of RUB320 billion — a 7.1 percent increase year-on-year Adjusted EBITDA up 0.2 percent to RUB615.5 billion* Net debt to EBITDA ratio at 0.56 as at the end of Q3 Gazprom Neft today announces its consolidated IFRS financial results for the nine months (9M) and third quarter (Q3) of 2019. Gazprom Neft’s revenue in the nine months of 2019 grew by 2.4 percent year-on-year …

Gazprom Neft has won the license to the Pervormaisky block, and is also expanding the boundaries of fields it is already developing in the Orenburg Oblast. Gazprom Neft continues its development of a promising exploration cluster in the south—west of the Orenburg Oblast, with the company due to secure the license to the Pervomaisky block before the end of the year. Covering an area …

The Sayan Polaris multipurpose icebreaker will further enhance safety and reliability in operations on the Prirazlomnoye project in the Barents Sea The Sayan Polaris, built in 2018, is owned by Sevnor Management AS and has been leased to Gazprom Neft Shelf. It will be used as a supply vessel, a floating hotel and, when necessary, will undertake emergency response and rescue operations. The …

A new record in well-drilling at Gazprom Neft has been set at the company’s Novoportovskoye field, with a 1,000-metre horizontal shaft being covered in just under three days (2.93 days or 70 hours and 33 minutes). This result was achieved by using an experimental drill bit,* the design of which had been specially fine-tuned by domestic producers for drilling in permafrost, with equipment having been …

Gazprom Neft and the Abu Dhabi National Oil Company (ADNOC) have entered into a Framework Agreement on Strategic Cooperation. The companies will explore opportunities for implementing joint projects in the upstream and downstream sectors, as well as in information technologies, artificial intelligence, and other areas. Vladislav Baryshnikov, Deputy CEO, International Business Development and a member of …

Gazprom Neft has completed the first cycle of its Technology Strategy, following the completion of a total 27 projects — the economic benefits of these being more than twice the initial investment. Long-term income from technology projects due for completion by 2025 is estimated at RUB130 billion,* with incremental production estimated at 110 million tonnes of oil equivalent (mtoe), and reserves growth …