Eurasia Journal News

Gazprom Neft and MIPI: Establish Bazhenov Fracturing Research Centre

Gazprom Neft, together with the at the Moscow Institute of Physics and Technology (MIPT) Engineering Centre have established a fracking support centre in St Petersburg to investigate optimum technological solutions for developing the unconventional reserves of the Bazhenov Formation. The new centre will employ geologists, geomechanics and engineers from Gazprom …

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Eurasia Journal News

Gazprom Neft: Completes Testing of Priobskoye Directional Wells

Gazprom Neft has completed testing of four directional wells (drilled to investigate reserves within the Bazhenov formation) at its concession within the southern area of the Priobskoye field (Khanty Mansiysk Autonomous Region). The results obtained have allowed the resolution of the key issue underpinning the first stage of this project: confirming the existence of live oil within …

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Eurasia Journal News

Gazprom Neft Khantos: Completes First Shale Oil Hydraulic Fracturing

“Gazprom Neft-Khantos” completed the first two test wells drilled in the south licensed the Ob field to explore reserves Bazhenov horizon. Both directional wells conducted hydraulic fracturing (HF), a flow of hydrocarbons in the near future will be completed testing of two similar wells. “Gazprom Neft-Khantos” many years develops traditional …

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Eurasia Journal News

Ruspetro: Refinances $337.2m USD of Debt to Execute Next Phase of Horizontal Drilling

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 …

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Ruspetro: First Multi Stage Frac Horizontal Well Flows at 1,350 bopd

Ruspetro plc today announces that a successful ten day flow test has been carried out on the Company’s first multi-stage fractured horizontal well (number 214) in its Pottymsko-Inginsky license area. Three large fractures were placed in the 600 meter horizontal section of the well. After initial clean-up the well produced …

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RPI: Horizontal Drilling in Russia

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 …

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Calfrac: Financial Highlights – Higher Multi Stage Fracturing in Russia

Calfrac‘s Financial Highlights For the three months ended September 30, 2013, the Company recorded: revenue of $388.7 million, a decrease of 7 percent from the third quarter of 2012, driven primarily by lower pricing in the United States and Canada combined with lower fracturing and coiled tubing activity in western …

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Tatneft: First Use Of Mutlistage Hydraulic Fracturing at the Yaurkinskoye Field

An interval multi-frac job in the horizontal wellbore was carried out in well 315 of Yaurkinskoye oil field at the end of May this year. The first pilot accomplishment was preceded by extensive preparatory work with participation of TATNEFT’s professionals, scientists of TatNIPIneft, specialists of OOO “Tatburneft”, Tatarstan’s Oil Service …

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Multi Zone Hydro Fracturing at Lukoil

Between 2013-2015, LUKOIL plans to drill 449 horizontal wells using multi-zone hydrofracturing (HW with MZHF). During 2011, 96 of these wells were drilled and by the end of 2012, LUKOIL will have drilled a further 108. Using this technology has proved highly effective on the difficult reserves of Western Siberia. …

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TNK-BP Announces Pilot Project to Increase Production Efficiency of Hard-to-Recover Oil Reserves in the Severo-Khokhryakovskiy Field in West Siberia.

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 …

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