Tatneft Prepares for CO2 Injection into the Reservoir
Tatneft has received a subsurface license for the Tukaevsky-1 site in Tatarstan for the construction and operation of underground facilities where the company plans to store carbon dioxide (CO2). The site covers the territories of the Nizhnekamsky, Tukaevsky, and Zainsky districts, according to Interfax. According to the State Register of …
Gas Production in the Russian Federation May Halve by 2040 Without Hard-to-Recover Reserves
Reserves, Including Offshore Fields, Gas Production in the Russian Federation May Decline by Nearly Half by 2040. Recoverable gas reserves are being depleted, and without the development of hard-to-recover reserves, including offshore fields, gas production in the Russian Federation could decrease by nearly fifty percent by 2040. This data was …
Salym Petroleum Development: Mature Field Development
Salym Petroleum Development N.V. (SPD), jointly with the State Commission for Reserves (GKZ) and the Kazan Federal University (KFU) held the Mature Field. Development 3.0 conference in Kazan. The conference was also sponsored by the government of the Republic of Tatarstan and the government of the Khanty-Mansi Autonomous Okrug – …
Tethys on Track for a 15 Year Extension to Kyzyloi Gas Contract
Tethys Petroleum Limited (“Tethys” or the “Company”) (TSX:TPL)(LSE:TPL) today announced that the Kazakh State Reserves Committee (GKZ) has approved the Company’s gas reserve evaluation for the Kyzyloi Production Contract area (the “Contract”). This approval is a precursor to a further extension of 15 years of the Contract and is subject to …