Eurasia Journal News

In the Yamal-Nenets Autonomous District They Figured Out How to Extract Hard-to-Recover Gas at the Medvezhye field

The Gazprom Dobycha Nadym company has found opportunities to extract gas reserves at the Medvezhye field in the Yamal-Nenets Autonomous District. Several exploration and prospecting wells have been drilled in the Senonian deposits. The most promising of them will be launched in test mode by the end of the year, …

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Eurasia Journal News

The Increase In RussNeft Reserves In 2023 Amounted to 130%

Production amounted to 6.434 million tons of oil and 2.11 billion cubic meters. m of gas. The increase in Russneft reserves in 2023 amounted to 130%, production – 6.434 million tons of oil and 2.11 billion cubic meters of gas, the company reported. The increase in reserves is estimated at 8.3 …

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Russia Oil Gas Magazine

Roscosmos Delivered The First Russian Hydraulic Fracturing Fleet to The Khanty-Mansi Autonomous Okrug For The Production of Hard-to-Recover Oil

The Moscow Institute of Thermal Engineering (part of the Roscosmos corporation) supplied the first domestic fleet for hydraulic fracturing (hydraulic fracturing) to the Khanty-Mansi Autonomous Okrug. Hydraulic fracturing technology is one of the main operations in the extraction of hard-to-recover oil reserves. “The Moscow Institute of Thermal Engineering Corporation, with …

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Eurasia Journal News

The Duma Adopted a Law Introducing Special Requirements for Participants in Subsoil Auctions

The State Duma adopted in the third reading amendments to the law “On Subsoil”, which, in particular, introduce special requirements for participants in auctions for subsoil plots from January 1, 2024. In accordance with government bill No. 222049-8, special requirements will be established by government decision on behalf of the …

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Eurasia Journal News

Gas Reserves at Gazprom’s Medvezhye Field May Be Classified As Hard-To-Recover

The development of hard-to-recover gas reserves along the Senone is very promising, interesting and profitable, noted the head of Rosnedra Evgeny Petrov. The Russian government may include in the list of hard-to-recover reserves (TRIZ) the Senonian gas deposits developed by Gazprom at the Medvezhye field in the Yamal-Nenets Autonomous Okrug. …

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Eurasia Journal News

The Government Expands the List of Hard-to-Recover Oil Reserves

An interdepartmental working group, established on the initiative of the Ministry of Natural Resources, proposed expanding the criteria for classifying hydrocarbon deposits as hard-to-recover reserves (TRIZ) in a new draft classifier. This is stated in the report of Rosnedr. Vedomosti got acquainted with him. “It is proposed to expand the …

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Eurasia Journal News

Lukoil Named the Volume of Investments in Exploration and Production in 2022

Lukoil’s investments in exploration and production of hydrocarbons in 2022 amounted to more than 400 billion rubles, follows from the presentation of the company’s vice president Ilya Mandrik at the conference “Hard-to-recover reserves – the present and the future.” The materials report that the company invested more than 400 billion …

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Eurasia Journal News

It is Proposed to Expand the Classification of TRIZs (Unconventional)

Surgutneftegaz believes that the current system does not take into account current economic and geological conditions. The classification of hard-to-recover oil reserves needs to be expanded in legislation. Today, measures of state support for the development of HRDs cover an insignificant part of the “difficult” oil. This is stated in …

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Eurasia Journal News

The new JV to Develop “Hard-to-Recover” Oil Reserves in the Volga–Urals Region Established by Gazprom Neft, LUKOIL & Tatneft

Gazprom Neft, LUKOIL and Tatneft have closed a transaction on establishing a joint venture for the exploration and production of hard-to-recover hydrocarbon reserves in the Orenburg Oblast. The new business’s — New Oil Production Technologies LLC’s — asset portfolio includes the Savitsky and Zhuravlevsky license blocks. Each party has been allocated an equal one-third interest in the joint venture. …

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Russia Upstream Magazine

RN-Nyaganneftegaz: Well Intervention Candidate Selection at the Krasnoleninskoe Field

One of the major tasks of the oil and gas field development is to maximize the oil recovery factor (ORF) at minimal cost. The solutions adopted in the field development design need to be optimized, taking into account the actual reservoir performance. Well intervention is a prime tool to improve …

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