Hard-to-Recover Reserves

The authorities of the Khanty–Mansiysk Autonomous Okrug plan to develop new mineral deposits in the Berezovsky and Beloyarsk districts. This was stated by Acting Governor Ruslan Kuharuk during a meeting on support for the oil and gas industry. “The head of the region focused on the development of new territories …

Kazakh oil company KazMunayGas JSC (KMG) intends to increase production in the future due to hard-to-recover oil, new technologies will be used for this. This was announced by the company‘s press service. “Regarding the increase in production, it was noted that 50% of oil reserves are difficult to recover. The …

By the beginning of 2023, about 53% of Russia‘s oil reserves were classified as potentially preferential, of which 58% are hard-to-recover reserves. This is reported in the state report “On the state and use of mineral resources of the Russian Federation in 2022“, published by the Ministry of Natural Resources …

Belarusian oil companies intend to expand their presence in the oilfield services market in Russia, said Alexander Lyakhov, General Director of the Belorusneft production association. “We have our own technologies that are adapted to work both in Belarus and in Russia. In recent decades, we have been actively studying the …

The share of hard-to-recover reserves in hydrocarbon production is growing, according to the strategy for the development of the mineral resource base until 2050. Russia’s provision with economically viable reserves of some types of strategic and significant minerals currently does not exceed 25 years. This follows from the strategy for …

New deposits and the development of difficult deposits could replenish the country with mineral reserves, but “if the process is not changed, Russia may face a shortage of necessary resources.” This forecast is given by Sergei Neruchev, an expert in the field of mining, candidate of geological and mineralogical sciences, …

KazMunayGas (KMG) discussed the implementation of measures of the roadmaps for technological challenges at the company’s fields. The KMG press service reported this on June 30, 2024. Hard-to-recover reserves The main difficulties at KMG’s mature fields are associated with the development of hard-to-recover reserves (HTR). Currently: The roadmap of technological …

KazMunayGas (KMG) discussed the implementation of measures of the roadmaps for technological challenges at the company’s fields. This was reported by the KMG press service on June 30, 2024. Hard-to-recover reserves The main difficulties at KMG’s mature fields are associated with the development of hard-to-recover reserves (HTR). The roadmap of …

China is creating a new organization that will unite national oil producers and other state-owned companies to search for ultra-deep oil and gas reserves, as well as the production of other hard-to-recover reserves, CNPC said, whose statement was cited by Reuters. This is in response to President Xi Jinping’s call …

Specialists of the Rosneft Scientific Institute in Ufa have developed data processing technology, which allows you to determine the oil-saturated drilling zones with high accuracy. Innovation has already successfully tested at the purchase deposit of a key mining asset of RN-Yuganskneftegaz. As a result of improving the planning system for …