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Gazprom Neft: Pilot Drilling Completed at the Novoport field

Gazprom Neft has successfully completed a drilling program, part of a larger pilot development program at Novoport field, one of the largest fields being developed in the Yamal region. Production has begun at the third horizontal well drilled at the second multi-well pad at Novoport. The length of the new …

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Gazprom Neft: Developing Unconventional Hydrocarbons

Kirill Strizhnev, Head of «Challenging Reserves» project office for Gazprom Neft’s Directorate of the exploration and resource base development Modern global estimates of unconventional hydrocarbon reserves all point to huge development potential. Currently, unconventional oil and gas production only account for about 1% of global output, however the development of …

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Gazprom Neft’s Board of Directors Recommends Payment of Interim Dividends

Gazprom Neft’s Board of Directors has called for an extraordinary general meeting (EGM) to consider payment of an interim dividend for the 6 months ended 30 June 2013. The EGM will be held on 30 September 2013. The record date for participation in the EGM is the close of business on 25 August 2013. The Board recommends that Gazprom Neft’s shareholders approve the payment of a dividend …

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Halliburton and Gazprom Neft Enter Into Technology Cooperation Agreement

Halliburton has entered into an agreement of cooperation with Gazprom Neft for the introduction of new technologies to improve operational efficiency in Gazprom Neft fields. – Agreement calls for new technologies to improve operational efficiency in Gazprom Neft fields – Companies will collaborate on technological solutions for hard-to-recover reserves, unconventional …

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Gazprom Neft to Study Shale Oil Reserves at the Krasnoleninskoye Field

Gazprom Neft has approved the continued study of oil reserves at the Bazheno-Abalaksky complex of the Palyanovskaya zone at the Krasnoleninskoye field (which is being developed by Gazpromneft-Khantos). The project’s new phase involves drilling four inclined wells to a depth of 2,700-2,800 meters over the next year. Drilling will start …

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Gazprom Neft reports unaudited IFRS H1 2013 financial results

Gazprom Neft today announces its unaudited consolidated financial results for H1 2013, which have been prepared in accordance with International Financial Reporting Standards (IFRS). The company’s financial performance in H1 2013 compared to H1 2012 was positively affected by growth in hydrocarbon production and a rise in petroleum products sales …

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New Achievements of Weatherford at Novy Port

Techinformservice, Weatherford Drilling Services in Russia, reached a new milestone, having drilled an 849 m horizontal hole section at Novoportovskoye field (Yamal Peninsula) operated by Gazprom Neft Novy Port LLC. The section was drilled for 6 days (144 hours) with applying a HyperLine™ motor and HEL Triple Combo (HEL/HAGR/MFR/NDT). Due …

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Gazprom Neft’s environmental management system meets requirements of international standard ISO 14001:2004

Having successfully passed a certification audit, Gazprom Neft’s environmental management system has been found to meet the requirements of the advanced international standard ISO 14001:2004. What the ISO 14001:2004 is designed to do is to streamline management and production processes in such a way so as to minimize the company’s …

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Gazprom Neft: 2012 AGM Results and Board Member Update

On 7 June 2013 Gazprom Neft held its Annual General Meeting of Shareholders, which approved the company’s annual report and financial statements for 2012. In 2012 Gazprom Neft became the leading hydrocarbon producer in the Russian oil industry, reaching volumes of 59.7 million tonnes, 4.3% up on 2011. The company …

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Gazprom Neft Board of Directors Approves 2025 Development Strategy

The Gazprom Neft Board of Directors has approved the company’s 2025 development strategy. The 2025 strategy uses the 2020 strategy as a foundation taking into account both the changing industry environment and the state of the global economy. The document outlines the company’s goals in key business areas such as …

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