Gazprom Neft

The Gazprom Neft Board of Directors has reviewed information on recent outcomes and the outlook for the further development of Gazpromneft Lubricants, operator the company’s lubricants business, established in 2007 and now holding a 21-percent share in the country’s packaged lubricants market. Gazpromneft-Lubricants products are sold under the company’s G-Energy and Gazpromneft brands, allowing the company to offer …

Messoyakhaneftegaz, the Rosneft—Gazpromneft joint venture, has produced its five millionth tonne of oil at the Vostochno-Messoyakhskoye field — an achievement that has required just over 18 months’ commercial production at Russia’s northernmost oil and gas condensate field. Production at Messoyakha is currently running at more than 11,400 tonnes of oil per day. Development of the hard-to-recover reserves here has involved the …

Gazprom Neft subsidiary Gazprom Neft Middle East B.V. has commissioned a second well — the Sarqala-2 — at its Sarqala field (within the Garmian block), located in the Kurdistan Region of Iraq (KRI). The new well is currently producing 11,000 barrels per day (bpd), with potential to increase this to 15,000. Total daily production at the field has now increased …

One of the Company’s highest strategic goals is to achieve an oil production rate of 100 million tons of oil equivalent. This goal requires an expanded resource potential, new oil fields being brought into production and enhanced production from the current wells. At the moment, the Company has a reservoir pressure …

Gazprom Neft has confirmed the digital transformation of its business as a priority area of focus, with the creation of a new “Digital Transformation Directorate”, to be headed by Andrei Belevtsev as Chief Digital Officer (CDO*). The key objective of the Digital Transformation Directorate will be to create a single and inclusive system covering the company’s full digital strategy, directed at game-changing improvements to the operational …

Gazprom Neft has been confirmed as the winner of Rosnedra subsoil licensing rounds for six blocks in the Karabashsky exploration zone, located in the Khanty-Mansi Autonomous Okrug. The company has a presence in this region through Evrotek-Yugra, its joint venture with Spain’s Repsol, which holds subsoil usage rights to two …

Gazprom Neft has forwarded an official letter signed by Andrey Patrushev, Deputy General Director for offshore projects development, to the Organizing Committee of Offshore Marintec Russia 2018. The letter says that Gazprom Neft considers Offshore Marintec Russia International Exhibition and Conference a key event for offshore oil and gas development. …

Gazprom Neft has completed auditing of the company’s hydrocarbon reserves as at 2017. As at 31 December 2017 the company’s total proved and probable hydrocarbon reserves (proved + probable — 2P based on SPE-PRMS international standards,* including proportional shares in production at joint enterprises**) totalled 2.78 billion tonnes of oil equivalent (toe) — a year-on-year increase of 2.3 percent. Production volumes in 2017, at 89.75 mtoe, were compensated by reserves replacement in the …

Gazprom Neft subsidiary Gazpromneft-Razvitiye has completed construction of the first production well since obtaining its licence for the Tazovskoye field. The total length of the new high-tech well runs to 3.9 kilometres, 1.9 kilometres of this comprising the horizontal section. Initial production at the well is in excess of 100 tonnes per day. Data obtained as a result of drilling has allowed the geological model …

Gazprom Neft subsidiary Gazpromneft-Orenburg has discovered a new hydrocarbon field in the Novo-Sergievsky and Sorochinsky districts of the Orenburg oblast. Reserves-in-place at the Novozarinskoe field, located in the Uransky licence block, are in excess of 11 million tonnes of oil. This would appear to confirm company specialists’ predictions of the …