Geological Exploration

The Belorusneft company noted that 201 thousand tons of oil were produced from wells drilled last year. The Belorusneft company produced a record 1.87 million tons of oil in 2023. The BelTA agency reported this with reference to company data. The company noted that 201 thousand tons of oil were …

Uzbekneftegaz is carrying out large-scale work to increase natural gas production and hydrocarbon reserves in the fields. The company’s press service reported this on December 19, 2023. Theses of Uzbekneftegaz: in Karakul district of Bukhara region drilling work was successfully completed at well No. 117 of the Dayakhatyn gas condensate field …

At the current level of production, its provision with gas reserves is more than 100 years, the department assured. Gas reserves in Russia have been kept at the same level for more than 20 years due to restoration work. The supply of gas reserves at the current production level is …

President Vladimir Putin signed amendments to the law “On Subsoil”, designed to stop the practice of “sleeping” licenses for geological exploration – now the payment for subsoil will be increased several times if geological exploration of a site is delayed. The document was published on the official legal information portal. …

The Ministry of Natural Resources emphasized that starting from 2022, five objects are being studied within the framework of the federal project “Geology: Revival of a Legend” in order to search for gas deposits. Federal funding for geological exploration of hydrocarbons in Russia in 2024 will remain approximately at the …

Minister of Industry and Construction of the Republic Kanat Sharlapaev noted that state expenditures on geology are at a fairly low level Kazakhstan needs serious development of geological exploration in order to avoid a decrease in proven mineral reserves, which is predicted in 5-10 years. This was stated at a …

A subsoil user can be released from the obligation to carry out compensatory afforestation only in the case of geological exploration, the press service of the Federal Forestry Agency reported. The department receives questions about the need for compensatory reforestation from tenants who are engaged in geological exploration of the …

Oil and gas exploration spending will recover and average $22 billion a year over the next 5 years, Wood Mackenzie says The growth of exploration work will occur due to the need to bring new hydrocarbon deposits into operation. It is noted that in 2006-2014, exploration experienced a boom, its …

They can also simplify the sale of licenses for subsoil, but only for Russian companies. The Russian government has submitted to the State Duma amendments to the law of the Russian Federation “On Subsoil” of 1992. It is proposed to allow attraction of private investments in the regional stages of …

Subject: the 3rd international conference and exhibition «Geological exploration 2016» Date: 9 November 2016 Venue: Moscow, Hotel Baltschug Kempinski Vostock Capital will hold the 3rd annual conference and exhibition «Geological exploration 2016» on the 9 November 2016 in Moscow. Among the registered 150+ conference participants and speakers – are the …