
Five New Wells were Drilled by Belarusian Oilmen in May
In May, the stock of wells of Belorusneft was replenished with new objects – specialists from the Svetlogorsk drilling department drilled 5 wells, BelTA learned from the company. And the team of the company’s rigging department handed over 4 mounted drilling rigs in Belarus to the Svetlogorsk drilling department in …

Oilfield Services Companies Received Record Revenue in Russia in 2022
The revenue of oilfield services companies in Russia in 2022 reached a record level since at least 2018 (latest available data) and amounted to 1.79 trillion rubles. This is stated in the review of Kasatkin Consulting (ex-Deloitte team in Russia), which Vedomosti got acquainted with. According to analysts, last year …

Russian Oilmen Increased the Commissioning of Oil Wells in April by 16.5%
The commissioning of new oil wells in Russia in April 2023 increased by 16.5% compared to April last year and amounted to 627 wells. This was reported by two sources of Vedomosti, familiar with the statistics of the Ministry of Energy. The growth rate for vertically integrated oil companies (VIOCs) …

Russian Oilmen Increased Commissioning of New Wells
In the first quarter of 2023, Russian oil companies put into operation 2001 new oil wells, which is 10% more than in the same period in 2022. This was reported to Vedomosti by two sources familiar with the statistics of the Ministry of Energy. According to them, the increase in …