Russia Extended The Suspension Of Publication Of Oil statistics
The measures will be in force until April 1, 2025. The Russian government has extended the suspension of publication of statistics on oil, gas and condensate production until April 1, 2025. This is stated in the order of the Cabinet of Ministers signed by Russian Prime Minister Mikhail Mishustin, which …
A Large Oil Field Was Discovered On The Shelf Of Côte d’Ivoire
Reserves are estimated at 1.5-2 billion barrels. A large oil field has been discovered on the shelf of Côte d’Ivoire in the waters of the Gulf of Guinea. This was reported by the business news agency Ecofin. The field’s reserves are estimated at 1.5-2 billion barrels of oil and up …
TotalEnergies And QatarEnergy Invest In Oil Production In South Africa
Energy companies TotalEnergies and QatarEnergy are buying shares in exploration block 3B/4B in the Orange Basin offshore South Africa, according to a TotalEnergies press release. “TotalEnergies and QatarEnergy have signed an agreement to acquire interests in Block 3B/4B, located offshore South Africa, from Africa Oil, Azinam (a subsidiary of Eco …
Drilling Volumes In The Russian Federation Increased By 70% In 2023
The head of Rosnedra, Evgeny Petrov, noted that the data suggests that literally within one to two years, companies will be able to put on their balance sheet a fairly good resource base and mineral reserves, as well as open large deposits. The volume of well drilling in Russia increased …
KazMunayGas Plans To Drill Three Exploration Wells This Year
“KazMunayGas plans to drill more than three exploration wells this year,” said Magzum Mirzagaliyev, Chairman of the Company’s Board, in an interview with the press service. Equipment is already being mobilized at a well in the Kyzylorda region at the Turgai Paleozoi site; it is planned to go to great …
Udmurtneft Replenished Oil Reserves By 152% In 2023
The Udmurtneft company (operating under the management of Rosneft Oil Company and the Chinese petrochemical corporation Sinopec) in 2023 replenished oil reserves by 152%. Increasing the efficiency of reserve replenishment is one of the key elements of Rosneft’s development strategy. The company plans to replenish at least 100% of produced …
Orenburg Gas Producers Are Creating A Digital Test Site
The Gazprom Dobycha Orenburg company is creating a digital testing ground for testing automated control systems, information technologies and testing innovative solutions related to production processes. The new project is one of the enterprise’s initiatives within the framework of the digital transformation strategy of PJSC Gazprom. “The main functional areas …
Six New Wells Replenished Belorusneft’s Fund In February
In February, specialists from the Svetlogorsk Drilling Department drilled six new wells. “New facilities have appeared at the Gartsevskoye, Yuzhno-Moskvichevskoye, Marmovichskoye, Severo-Domanovichskoye, Barsukovskoye and Beskopylnovskoye oil fields,” the company clarified. The production association “Belorusneft” was created in 1966. The company searches, explores and develops oil fields, drills wells, produces oil …
“Belorusneft”: The Discovery Of A New Deposit By A Northern Asset Expands The Prospects For Hydrocarbon Production
The Deputy General Director emphasized: this is a very good result for the West Siberian region, which expands prospects. “Firstly, the company’s areas of presence, and secondly, the resource base and production of hydrocarbons – oil and gas,” he listed. The discovery at the Izvestinsky site allows the company to …
Between Sozh And Dnieper. “Belorusneft” Conducts 3D Survey, Unique For Belarus
As Piotr Povzhik emphasized, the beginning of the year was very successful for Belarusian oil workers. “This year, within the Khoiniki region, as a result of drilling wells at the Beskopylnovskoye field, we discovered a new block where we received an influx of oil,” he recalled. The Deputy General Director …