horizontal drilling

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 …

A new standard operating procedure for the application of Duraband® NC hardbanding on completion tubing connections has just been released by Hardbanding Solutions by Postle Industries.  The upset connections of 2-7/8 and 2-3/8 tubing are experiencing excessive wear in many drilling environments, especially horizontal drilling.   This excessive wear is not …

C.A.T. oil AG, one of the leading providers of oil and gas field services in Russia and Kazakhstan, successfully continued on its profitable growth track in the third quarter. The Company successfully boosted revenues and achieved a signifi- cant earnings growth despite persisting geopolitical instabilities. C.A.T. oil benefited from positive …

The Directors of Ruspetro announce the terms of Ruspetro’s proposed Restructuring. The principal components of the Restructuring comprise: The refinancing of approximately US$337.2 million of existing debt and the cancellation of the existing Put Option over the Company’s shares for £12.6 million (approximately US$20.2 million). This will be satisfied in …

New horizontal well # 5518 was drilled on Krasnoleninskoe oilfield for ROSNEFT oil company with the using of the top drive system DQ70BS, which was set on the drilling rig ‘ЭУК 3000’. The well length was  3802 m. Performance of the top drive had the following maximum values: *rotation speed 120 rpm./min.; *torque 27 kNm. …

ERIELL Group has successfully completed drilling of the first well within the framework of the new project with OJSC Severneftegazprom at the Yuzhno-Russkoye oil/gas/condensate field known for some of the most stranded gas reserves. Its peculiarity is abnormally high reservoir pressure, low reservoir temperatures, lithological non-uniformity and variability and low …

Horizontal drilling increased by 80% in both KMAD and East Siberia between 2007-2012. The contribution to incremental drilling was roughly the same in both regions. As a result, horizontal drilling is rising at a steady pace in Russia due to both the development of new fields in greenfield oil producing …

Thomas Reed, CEO of Ruspetro and a founding shareholder. Prior to joining the Group Mr Reed was a private equity and M&A advisor and investor based in Moscow. Since 1995 he has been involved in the origination, trading, and research of different classes of assets, such as equity and equity …

The project, which TNK-BP is carrying out together with Schlumberger, one of the world’s leading oilfield service firms, involves implementing a set of original technological solutions: waterflood management, horizontal drilling using multi-stage hydraulic fracturing and other advanced technologies. The Severo-Khokhryakovskiy field is characterised by tight formations with a high heterogeneity …

TNK-Uvat tested a mini-pilot hole drilling technology in its Ust-Teguss field to improve economic efficiency and reduce horizontal well drilling time. As a result, well construction time has been cut by 30 percent – from 46 days to 30 days. One of the key fields in Uvat, Ust-Teguss is now …