Eurasia Journal News

Gazprom Stopped More than 20 Wells in the Orenburg Region Before the Flood

On the eve of the flood in the Orenburg region, Gazprom stopped the operation of more than 20 production wells, reports the corporate publication of Gazprom Dobycha Orenburg LLC. Gas workers call the flood situation this year unusual, but controllable. “In the floodplain zone of the Urals there are wells …

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Eurasia Journal News

Gazprom Neft is Improving its Environmental Monitoring System in the Orenburg Region

Gazprom Neft is expanding its environmental monitoring system using state-of-the-art ecological monitoring stations in the Orenburg Oblast. Gazprom Neft has commissioned four environmental monitoring stations and more than 100 air-quality monitoring sensors in the Orenburg Oblast. Total investment in this project will reach RUB2.3 billion by 2023. Gazpromneft-Orenburg’s environmental monitoring system tracks …

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Russia Upstream Magazine

Gazprom Neft Launches an Ambitious Programme to Improve Drilling Efficiency – The Technological Frontier

Sofia Zorina, Gazprom Neft Andre Ragouline, Vice President, RLG International Inc. Artem Borisov, Project Manager, RLG International Inc. Being technologically advanced is not just about using modern equipment and performing complex operations. It is also about the proper corporate culture which allows the organization to operate with maximum efficiency. Soon …

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Uncategorized

Gazprom Neft: Hydrocarbon Production Up 4.2%

JSC Gazprom Neft has published its consolidated financial results, in accordance with International Financial Reporting Standards for FY 2013. The company’s financial performance in FY2013 as compared to FY2012 was positively affected by an increase in hydrocarbon production volumes and the resulting rise in product sales via premium channels (small …

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Uncategorized

TNK-BP Increases Estimated Recoverable Reserves at Tarkhanovskoe Field by 50%

ТNК-ВР reports that it has seen oil flow to surface at the Tarkhanovskoe field in the Orenburg region. As a result of implementing new drilling technology a flow rate of 150 t/day was seen from well # 10. This allowed increasing the estimated recoverable reserves of the Tarkhanovskoe field by …

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Uncategorized

TNK-BP Increased Gas Production in the Orenburg Region by 26% in 2012

TNK-BP informs that OJSC Orenburgneft (a TNK-BP Group company) produced 3.4 bcm of gas in 2012, which is 26% more than in 2011. TNK-BP has been implementing a large-scale program aimed at production development in the mature fields of the Orenburg Region, one of the oldest petroleum provinces in Russia …

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Uncategorized

TNK-BP to Allocate 145 Million Rubles for Social Investment in Orenburg in 2013

TNK-BP informs that in 2013 it will invest over 145 mln rubles in social and charity projects in the Orenburg region. In accordance with the agreement on socio-economic cooperation with the regional Government, the money will be used to build or recondition social facilities, support youth movements and organizations working …

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TNK-BP to Reinvest 2.3 bn Rubles of Tax Benefits in Oil Production Development in Orenburg Region in 2013

TNK-BP informs that OJSC Orenburgneft and LLC Buguruslanneft (part of the TNK-BP Group) gained the right to apply a reduced profit tax rate in 2013. The Company reinvests released resources in the amount of 2.3 bn rubles in the development of production assets in the Orenburg region. TNK-BP is implementing …

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Uncategorized

Gazprom Neft Acquires New Asset in Orenburg

Gazprom Neft has acquired LLC Korsar, the sole member of LLC Zhivoi Istok, and as a result established control over LLC Zhivoi Istok, which holds licenses to explore and produce oil at the Baleykinsky field and to survey the Uranskaya acreage. Both license areas are located in the Orenburg Region, …

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Uncategorized

TNK-BP Boosts Investment in Orenburg Pipeline Integrity by 36% in 2012

TNK-BP announces that LLC Buguruslanneft (part of the TNK-BP group of companies) is to expand investment in its pipeline integrity programme to 88 mln rubles in 2012 – 36% more than last year. The money will be used primarily to replace obsolete sections of pipe and apply inhibition and electrochemical …

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