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 …
Samara Subsidiary of Rosneft Replenished Reserves by 246%
Samaraneftegaz discovered 20 new hydrocarbon deposits in the fields under development in 2022. The rate of production replenishment by the growth of oil reserves reached 246%. The Devon news agency learned about this from a message from the press service of Rosneft Oil Company. Last year, Samaraneftegaz drilled about 200,000 …
LUKOIL group proved hydrocarbon reserves by SEC standarts total 17,3 billion barrels of oil equivalent
OAO LUKOIL finished an evaluation and independent audit of its oil and gas reserves as they stand on December 31, 2011. The evaluation was performed in accordance with the US Securities and Exchange Commission (SEC) standards until the economic limit of commercial production is reached. The audit results by Miller …