Gazprom Neft boosts hydrocarbon reserves by nearly 10.5% in 2012
As at 31 December 2012, Gazprom Neft’s total “proven and probable” (2P) reserves (including its interests in joint ventures) under PRMS international standards amounted to 2.14 billion metric tonnes of oil equivalent (15.87 billion barrels), marking a 10.43% increase over 31 December 2011 or 202.5 million metric tonnes of oil …
Rosneft: Growth of Hydrocarbon Production by 2.5%, Free Cash Flow of 25 Billion Rubles for Q2 2012
Rosneft published its consolidated IFRS financial results for Q2 2012 and H1 2012. Key financial and operating results H1 2012 H1 2011 Change, % Q2 2012 Q1 2012 Change, % Operating results Hydrocarbon production (th. boepd) 2 628 2 565 2,5% 2 621 2 634 (0,5)% Crude oil production (th. bpd) 2 410 2 362 2,0% …
Basin Modeling in Alaska & the Outlook for Siberia
Schenk, O., Spahic, D., Bird, K.J., and Peters, K.E. Basin and petroleum system modeling is an indispensable tool used to examine the dynamics of sedimentary basins and their associated fluids, in order to evaluate if past conditions were suitable enough for the generation of hydrocarbons, which ultimately could have been …
Unlocking The Arctic: E&P industry warms to the challenge
Mark Thomas: ROGTEC Magazine Correspondent The Arctic has enormous hydrocarbon resources associated with extreme environments and harsh climatic conditions, in both its coastal areas and the shelves of the northern seas. Russia’s arctic shelf is estimated to hold the equivalent of 100 billion tonnes of oil – a huge amount …
Rosneft: The Final Frontier, Hydrocarbon Potential in the Eastern Arctic
N. A. Malyshev, Dr. of Geology and Mineralogy, V.V. Obmetko, PhD Geology and Mineralogy, A.A.Borodulin (Rosneft) Introduction Today, Rosneft’s activities cover most of the hydrocarbon producing regions of Russia: the Timano-Pechora oil and gas basin, the Volga territory, Northern Caucasus, East and West Siberia and the Far East. Along the …