The Russian Federation Can Increase Oil Reserves by 7 Billion Tons Using Hard-to-Recover Reserves by 2050
And gas – 5 trillion cubic meters, says Igor Shpurov, Director General of the State Commission for Mineral Reserves of the Russian Federation. Russia needs to develop technologies for the development of hard-to-recover reserves in order to increase profitable oil reserves by 7 billion tons and gas reserves by 5 …
KazMunayGas Will Drill 3 Exploration Wells in 2024
The Chairman of the Board of KazMunayGas (KMG) M. Mirzagaliev took part in an international scientific and practical conference dedicated to the oil and gas future of the Mangystau region, where he spoke about the prospects for the development of geological exploration and the company’s plans in this area. This …
Gazprom and Belorusneft Began Discussing the Development of Hard-to-Recover Reserves
The Gazprom delegation is headed by the company’s deputy chairman of the board, Oleg Aksyutin. The delegation of Gazprom PJSC and representatives of Belorusneft PA are discussing issues of cooperation in the field of “designing the development of hard-to-recover reserves.” The press service of the Belarusian company reported this. It …
It Lies at Great Depths and Requires New Technologies. What is Special about Oil Production in Belarus?
Oil in Belarus lies at great depths, and its extraction requires the use of new technologies. The head of the Main Directorate of Natural Resources of the Ministry of Natural Resources and Environmental Protection, Vasily Kolb, spoke about this in the BELTA YouTube project “In fact: decisions of the First”. …
Lukoil May Increase Investments In Geological Exploration By 30% In 2024
According to the head of the company’s geological exploration department, Alexander Semyanov, investments could grow to 47 billion rubles compared to 36 billion rubles in 2023. Lukoil’s investments in geological exploration may grow by 30% this year – to 47 billion rubles, compared to 36 billion rubles in 2023, follows …
The Cabinet of Ministers Expanded the List of Hard-to-Recover Reserves
Oil deposits of the Kuma-Kerestin formation in the North Caucasus and Paleozoic deposits of Western Siberia were brought there The Russian government has included oil deposits of the Kuma-Kerestin formation in the North Caucasus and Paleozoic deposits of Western Siberia in the list of hard-to-recover reserves, the ministry reported. The …
The First Russian Technological Test Sites for the Development of TRIZ will Start operating in Ugra
The first Russian technological test sites for the development of TRIZ will start operating in Ugra. This was announced by the regional department of subsoil use and natural resources. The day before, for the first time in Russia, by the decision of the commission of the Federal Agency for Subsoil Use, …
Orenburgneft Introduces a Unique Technology for the Development of Hard-to-Recover Reserves
Specialists at Orenburgneft, a subsidiary of Rosneft, conducted successful pilot tests of an innovative technology for developing hard-to-recover reserves. The technology consists of thermogas-chemical exposure to a solution of mixtures that, under the influence of an activating substance, trigger a chemical reaction inside the formation. Under the influence of temperature, the …