Rosneft Produced 131.3 Million Tons of Oil in the First Half of the Year
Rosneft‘s hydrocarbon production in the first half of the year amounted to 131.3 million tons of oil equivalent (5.362 million barrels per day), the company said. At the same time, the production of liquid hydrocarbons was recorded in the amount of 92.8 million tons (3.796 million b/d), gas – 46.8 …
Belorusneft: We Constantly Support the Growth Trend of Annual Oil Production
“We constantly support the trend of annual oil production growth. And this year is no exception,“ Petr Povzhik stressed. “The technologies that we use today for the development of hard-to-recover reserves are mainly related to drilling long extended horizontal shafts (at least 2 km each horizontal well) and performing multi-volume …
TMK Neftegazservice Began to Produce a New Type of Filter for Oil Wells
TMK Neftegazservice (TMK NGS), part of a pipe metallurgical company (TMK), has mastered the production of a new type of specialized filters for oil wells. The company’s grocery line was replenished with a slurry filter with direct winding, the first batch of which has already been shipped to the customer. …
New RPI Report : Russian Market of Directional and Horizontal Drilling Support Services 2021
RPI offers you the analytical report “The Russian market of services to support the directional and horizontal drilling: the current status and development scenarios in 2021-2030 gg.” This report analyzes the state of one of the most promising segments of the oilfield services market – the drilling support market – …
ERIELL Group Signed a Long-term Contract With Yamal LNG
ERIELL Group has signed a 6-year contract with Yamal LNG OJSC for building 39 producing wells on a trunkey basis in the South Tambey field. “This is the second long-term contract for well drilling in Yamal. We have accumulated the experience that will help us completely justify the confidence of …
Technology Roundtable: Extended Reach Drilling and Sidetracking
1. With sanctions impacting on the region´s horizontal drilling in unconventional field, what is the current level of demand for horizontal and ERD wells? What projects are you currently working on? Halliburton: Currently, the demand for horizontal directional drilling has not reduced; instead, it has increased significantly. Horizontal drilling, overall, …
RPI: Offshore Field Development in Russia: Are the Sanctions an Opportunity for Russian Companies to Fill the Void?
Vadim Kravets In mid-February 2015, the third round of EU sanctions targted a number of Russian officials and nine new companies were introduced. Previously, in late summer and early autumn 2014, the U.S., EU, Japan and Canada introduced, in two rounds, sanctions againstw certain individuals and sectors of Russia’s economy …
LUKOIL-Nizhnevolzhskneft: Sets New Horizontal Drilling World Record
LUKOIL-Nizhnevolzhskneft has established a new world record in horizontal drilling with a significant bottom displacement. Well No.108, drilled from an offshore ice-resistant stationary platform at Yuri Korchagin field in the Caspian Sea, went down 4,908 meters in the 9.5-inch section, in one run, without any tripping. The new record has …
Petroneft: Completes First Tungolskoye Horizontal Well
PetroNeft an oil & gas exploration and production company operating in the Tomsk Oblast, Russian Federation, is pleased to provide an update on operations at Licence 61. Highlights Tungolskoye Tungolskoye No. 5 well tested at over 600 bopd and is now in production Development of Tungolskoye to proceed immediately 11 …
Russian Drilling Market: A Paradigm Shift
In all likelihood, the year 2014 will go down on record as a turning point for the Russian drilling market. New trends have been seen on this market for the first time in several years, i.e. a decline in the scope of total drilling instead of growth that was recorded …