The Authorities Have Increased the Deduction for Mineral Extraction Tax for the Samotlorskoye field
Russian President Vladimir Putin signed a law that increases the deduction for the mineral extraction tax (MET) for the Samotlorskoye field of Rosneft in the period from July 1, 2024 to December 31, 2026; the total amount of the increase should not exceed 16.6 billion rubles. The relevant document is …
Gazprom Will Allocate Funds for the Exploration of Mineral Resources in the Irkutsk Region
Gazprom will allocate 3.5 billion rubles for the geological exploration of the subsoil at the Lithium site in the Irkutsk region, including the search and evaluation of industrial groundwater deposits, follows from the state register of works. The project card indicates that sampling of rocks and minerals will be carried …
Administration of UKMO, INK and Vostokgosplan Signed an Agreement on Development of a Master Plan for the Ust-Kut Region
The Irkutsk Oil Company (INK) signed an agreement on the development and implementation of a master plan for the Ust-Kut region with the administration of the Ust-Kut Municipal Formation (UKMO) and the Eastern State Planning Center (Vostokgosplan). FANU “Vostokgosplan” is engaged in carrying out research and expert-analytical work in the …
Irkutsk Oil Company Explores the Possibility of Building an LNG Plant in Ust-Kut
The Irkutsk Oil Company is exploring the possibility of building a plant for the production of liquefied natural gas (LNG) in Ust-Kut. This was reported to journalists by the head of the INC, Yakov Ginzburg. “Now we are considering the construction of an LNG plant in Ust-Kut, the estimated processing …
Head of Irkutsk Oil Company: Helium plant launched in pilot application mode
The Irkutsk Oil Company (INC) has launched a helium plant at the Yarakta oil and gas condensate field (Irkutsk region) in the trial mode. The head of the company, Yakov Ginzburg, told reporters about this. “Today, the plant is operating in the pilot application mode, gradually being brought to the …
Magenta: How to Achieve Timely Well Servicing and Raise the Equipment Utilization Ratio From 34% up to 76% – the “INK” Case
Despite the wide range of tasks associated with managing utility vehicles and portable equipment in the oil industry companies, many market participants still rely on pen, paper, and electronic spreadsheets. As a result, various subdivisions within the Utility Vehicles Department and the Wellwork Department face several challenges. These challenges include …
Magenta: Increase Efficiency of Fleet for Employee’s Travel – “INK” Case Study
Companies are increasingly recognizing the importance of efficiently organizing personnel transportation. Business trips, employee transportation to and from work sites, and travel between work sites can significantly impact an enterprise’s expenses. Additionally, managing these transportation needs can be labor-intensive, requiring the maintenance of trip records, monitoring vehicle usage, and tracking …
INK: Drills the Longest Horizontal Hole in the History of the Company
Irkutsk Oil Company LLC drilled the longest horizontal well at 2065 meters. This is the longest horizontal section in INC history in 21 years. The record was recorded at the Bolshetirskoye oil field. The work was carried out on a modern Bentec HR 5000 drilling rig. Previously, the maximum horizontal drilling rate …
INK: Launched a Data Mining Robot at the Yarakta Field
Irkutsk Oil Company LLC has launched a crawler robot at the natural and associated petroleum gas treatment plant at the Yarakta field. The automated system “Tral Patrol 5.2” will provide online monitoring of equipment operation and detection of leaks of hydrocarbon raw materials thanks to video surveillance, thermal imaging control …
INK: Entered the TOP-10 Rating for Environmental Transparency with the World Wildlife Fund
Irkutsk Oil Company LLC took ninth place in the Eurasian rating of environmental transparency of oil and gas companies in 2021, which is held by the World Wildlife Fund ( WWF ) . In comparison with the 2020 rating, INC has moved up two positions. The project is organized with …