Russia Oil Gas Magazine

The Division of the TAGRAS Holding for the First Time Received an Influx of Oil from the Anomalous Bazhen to the Khanty-Mansi Autonomous Okrug

The TNG-Group company received an influx of oil from the Zaozernaya well No. 1 in the Khanty-Mansiysk Autonomous Okrug – Ugra. The project was implemented by order of the Federal State Budgetary Institution “All-Russian Research Geological Petroleum Institute” on the basis of a state assignment from the Federal Agency for …

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Eurasia Journal News

Russia Has Figured Out How to Increase the Production of High-Viscosity Oil by up to 40%

A way to increase the production of high-viscosity oil by 20-40% was proposed by Tyumen State University scientists. According to the authors of the study, this can be achieved by optimizing the process of cyclic exposure of water vapor to the oil reservoir. The results were published in the Journal …

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Eurasia Journal News

Tajikistan Will Soon Have a Lot of Oil and Gas

The Bokhtar project, which the Chinese CNPC took over from the French TotalEnergies in Tajikistan, has entered the implementation stage. The Chinese CNPC has begun implementing a project for the exploration and production of new hydrocarbon deposits in southwest Tajikistan. We are talking about the Bokhtar project, located in the …

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Eurasia Journal News

It Lies at Great Depths and Requires New Technologies. What is Special about Oil Production in Belarus?

Oil in Belarus lies at great depths, and its extraction requires the use of new technologies. The head of the Main Directorate of Natural Resources of the Ministry of Natural Resources and Environmental Protection, Vasily Kolb, spoke about this in the BELTA YouTube project “In fact: decisions of the First”. …

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Eurasia Journal News

An Ultra-Deep Well Was Put into Operation in South China

The well drilling depth is 9,508 m, horizontal displacement is 8,689 m China National Offshore Oil Corporation (CNOOC) announced that the country’s first ultra-deep well, Enping 21-4, has been successfully brought into production offshore the Pearl River Estuary. The drilling depth of the well is 9,508 m, the horizontal displacement …

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Eurasia Journal News

Rosnedra Estimated the Volume of Hard-to-Recover Hydrocarbon Reserves

Hydrocarbon reserves classified as hard-to-recover in Russia are colossal, and “we need to work with them,” said the head of Rosnedra, Evgeny Petrov. “Today we have about 970 billion tons of geological hard-to-recover reserves, 3.4 billion recoverable. That is, these are colossal reserves that need to be worked with. And …

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Eurasia Journal News

ExxonMobil Will Continue Development of Whiptail, the Sixth Project in the Stabroek Block Offshore Guyana

ExxonMobil said it has made a final investment decision to proceed with the development of Whiptail, the sixth project in the Stabroek block in Guyana, following receipt of the necessary government and regulatory approvals. The Whiptail project, which will use a FPSO (product storage and offloading vessel), will require an …

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Eurasia Journal News

Oil Production in Iran Reached 3.25 Million Barrels Per Day in March

The US Energy Information Administration (EIA) announced in its latest report that Iran produced 3.25 million bpd of oil in March 2024, an increase of 20,000 bpd from the previous month. According to the EIA report, oil production in Iran in February amounted to 3.23 million barrels per day. Iran …

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Eurasia Journal News

CNPC Specialists Have Begun Geological Exploration Work in the Southwest of Tajikistan

The China National Petroleum Corporation (CNPC) has begun implementing a project for the exploration and production of new hydrocarbon deposits in southwest Tajikistan. This was announced by CNPC General Director B. Deji. On April 11, 2024, the launch ceremony of the project for the development of new fields in southwestern …

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Eurasia Journal News

The Head of Gazprom Neft Called Increasing Oil Production a Non-Trivial Task

Demand for oil will grow beyond 2030, but ensuring an increase in its production is not an easy task, said the head of Gazprom Neft, Alexander Dyukov, in his lecture at the Russia Forum. According to him, humanity will not be able to do without oil, at least for the …

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