Geological Exploration

Rosgeologiya and polymetallic holding Seligdar (MOEX: SELG) signed an agreement that provides for joint geological study and exploration of ore gold deposits in the Aldan region of the Republic of Sakha (Yakutia). Promising sites, including Dzhekondinskaya and Kurachan, are located in the area of the existing production complexes of the …

The head of Rosnedra, Evgeny Petrov, noted that the data suggests that literally within one to two years, companies will be able to put on their balance sheet a fairly good resource base and mineral reserves, as well as open large deposits. The volume of well drilling in Russia increased …

– The reserve replacement ratio exceeding 1 for 19 consecutive years. – The biggest growth of reserves came from the Yamal gas production center. The Gazprom Board of Directors took note of the information about the ongoing work on resource base support, geological surveys of subsoil and geological exploration operations performed by the Company. It was highlighted that Gazprom conducts large-scale …

Geological exploration will begin in 2024. Oil companies KazMunayGas (KMG) and Tatneft will create a joint venture to conduct geological exploration at the Karaton Podsolevoy subsoil site in the Atyrau region of Kazakhstan. This was reported by the KazMunayGas company. “An agreement on this was reached on February 21, 2024 …

Bashneft (part of the Rosneft structure) in 2023, due to successful geological exploration, increased hydrocarbon reserves by 24.4 million tons of oil equivalent, the production replacement rate with reserves was 135%. Every year, Bashneft ensures full replenishment of liquid hydrocarbon production due to the increase in reserves. In this way, …

BP-Azerbaijan plans to drill 12 production wells in the Azeri-Chirag-Gunashli (ACG) field block in 2024, said BP Vice President for Wells in Azerbaijan, Georgia and Turkey Jim O’Leary. “In 2024, it is planned to drill 18 wells on the ACG block, including 12 production wells, 3 water injection wells, 2 …

The Rosneft pavilion at VDNKh will host an exhibition of core samples collected in all regions of the Company’s presence. Visitors to the exhibition will be able to see rare rock samples dating back more than 550 million years, as well as ammonites and artifacts found during drilling. The core …

Together with Tatneft, a strategy will be developed to increase the efficiency of geological exploration. JSC Uzbekneftegaz, the largest state-owned company in Uzbekistan, intends to use international experience in the field of geological exploration. In pursuance of the instructions of the head of state to attract foreign experience, an agreement …

The Italians, together with KMG, will conduct exploration near Kashagan, the largest offshore field in Kazakhstan. Italian Eni will drill an exploration well in the Abay block in the Kazakh sector of the Caspian Sea. The company announced its intentions to conduct geological exploration work in the shallow waters of …

Kazakhstan is intensifying geological exploration of the Caspian Sea, which has not been carried out for the last few years, and has taken the Italian Eni as a partner. KazMunayGas and the Italian Eni plan to explore the Kazakh Caspian shelf for hydrocarbons jointly, reports 24KZ TV channel with reference …