TNK-BP to Invest 4.4 Billion Rubles in Orenburg Region Exploration in 2013
ТNК-ВР reports that in 2013 it will allocate 4.4 bn rubles to implement exploration programs in the Orenburg region. TNK-BP is implementing a large-scale program to stabilize production in brownfields, including Orenburgneft and Buguruslanneft fields that have been developed for more than 75 years and belong to the oldest producing …
Orenburgneft to Invest about 1 Billion Rubles in the Construction of Power Transmission Lines to Pervomayskoe and Bobrovskoe Fields
TNK-BP informs thatOJSC Orenburgneft (a TNK-BP Group company) will invest about 1 bn rubles in the construction of power transmission lines in the Buzuluk District. The project is aimed at provision of additional capacity for the development of the Company’s Pervomayskoe and Bobrovskoe fields. Orenburgneft has taken a consistent approach …
TNK-BP To Save $30m In 2012 By Implementing a Lean Production Program
TNK-BP reports that its pilot program of lean production based on the principles of Toyota Production System (TPS), has reaped an economic benefit of $12.8 mln based on the results of the past 9 months. The most important factor in TNK-BP sustainable development is its continuous improvements in efficiency. The …
TNK-BP to Cut Cost of Drilling 50 Wells in Orenburg through Technical Skills Enhancement Program
Orenburgneft (part of the TNK-BP Group of Companies) has improved the efficiency of its well drilling operations by cutting $15 mln off drilling costs since 2010 through a skills enhancement program for technical specialists. TNK-BP is implementing an extensive program of further training for its technical staff. By continuously improving …
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 …