TNK-BP Announces 2011 International Reserves Audit – Reserve Replacement at 145%
TNK-BP published the results of an international audit of its reserves at the end of 2011. As of December 31, 2011, the total proved SEC life-of-field (LOF) reserves of TNK-BP consolidated subsidiaries, estimated according to the criteria of the US Securities and Exchange Commission (SEC), amount to 9.115 billion barrels …
TNK-BP To Invest $170m in New Technologies In the Orenburg Region by 2016
OJSC Orenburgneft plans to invest $170 mln in a programme to deploy new technologies by 2016. The Company’s focus areas include boosting reserves and optimizing field developments; well work and drilling; energy-saving equipment and improving the efficiency of field facilities. During 2011 around 40 technology projects were reviewed, 14 of …
ROGTEC Talks to Gokhan Aker, Drilling Director at TNK-BP: Drilling for the New Era
The world is evolving at a rapid pace leaving behind the technologies and approaches that seemed advanced just a few years ago. The same goes to oil industry and drilling in particular. With the share of hard-to-recover reserves increasing and the scope of new solutions expanding, oil companies around the …