Oil and Gas Production Board Elkhovneft Celebrates Its 50th Anniversary
Oil and Gas Production Board “Elkhovneft”, which is one of the leading divisions of OAO TATNEFT, celebrates its 50th anniversary. The function dedicated to this memorable date was held at the “Neftche” Palace of Culture in Almetyevsk (Tatarstan) on July 6. Farid Mukhametshin, Chairman of the State Council of the …
Figures Demonstrating Results of Our Operations in June and for Six Months of 2012
Crude Oil Production OAO TATNEFT produced 2,132,023 tons of crude oil in June or 100.1 percent versus June 2011 (+1,684 tons). The Company produced 12,913,231 tons In six months, which was 56,106 tons more than in 2011 (100.4 percent) with the above-the-plan production accounting for 287,017 tons (102,3 percent). The …
Tatneft Ensures Stable Operation of Oilfield
A set of technical/technological and organizational measures to provide for stable and accident-free operation of oilfield facilities is being implemented at OAO TATNEFT to ensure the environmental safety of crude oil production. Significant impact on the reliability of the oil field equipment at the facilities of the Company is a …
GE, Rosneft Sign MOU to Jointly Pursue Opportunities in Russia’s Oil and Gas Industry
GE (NYSE: GE) and OJSC Rosneft, a leader in Russia’s petroleum industry, today signed a memorandum of understanding (MOU) that lays the foundation for the two companies to jointly evaluate and develop commercial opportunities in oil and gas exploration and production in the Russian Federation. The MOU was signed by …
dmg::energy announces ADIPEC Awards “Excellence in Energy 2012” promoting oil and gas innovation
The largest oil and gas exhibition in the Middle East to feature 20 well-known experts and associations as part of the judging panel Submissions are now being received, entries close 15 July 2012 dmg::energy, organisers of the largest oil and gas exhibition in the Middle East, has announced the ADIPEC …
Caspian Energy Inc: Caspian Spuds Follow-Up Well
Subsequent to previous development success, Caspian Energy Inc. (“Caspian”) and partners have initiated drilling of a fifth well, well #306, in the East Zhagabulak field of west-central Kazakhstan. The contract for production of hydrocarbons at the East Zhagabulak field in the Aktobe Oblast is valid for a 24 year period …
Tatneft: Operation Results for April
Crude Oil Production OAO TATNEFT produced 2,128,087 tons of crude oil in April, while the production volume for four months amounted to 8,581,700 tons accounting for 56,819 tons increase versus 2011 (100.7%) with the above-the-plan production amounting to 187,498 tons (102.2%). The amount of 8,455,955 tons of crude oil was …
Max Petroleum: 1st May Production Update
Max Petroleum Plc, an oil and gas exploration and production company focused on Kazakhstan, announces an update on production. Asanketken The ASK-2 well in the Asanketken Field has begun testing in a Jurassic reservoir from depths between 1,302 and 1,305 metres, producing at a stable rate of 616 barrels of …
Gazprom to Increase Oil Production by 48.4% to 80 million Tons by 2020
The Gazprom Board of Directors reviewed the efficiency of Gazprom’s oil business and addressed the proposals on boosting oil production volumes. The Board of Directors approved the work done within Gazprom’s Oil Business Strategy, with Gazprom Neft being primarily responsible for this sector. It was highlighted that Gazprom was among the domestic oil industry leaders. Between 2006 and 2011 the annual …
Slavneft Produces 4.48m Tonnes of Oil in Q1
During the first three months of 2012 the company JSC “NGK” Slavneft “in accordance with the business plan have extracted 4.48 million tonnes of oil and 215.4 million cubic meters. meters of gas, which exceeded the same period last year by 0.6% and 2.3%. Since the beginning of the year in …