Tatneft: Figures Demonstrating Results of Our Operations in May and for Five Months of 2012
Crude Oil Production 2,199,508 tons of crude oil were produced in May with the production for five months amounting to 10,781,208 tons accounting for 54,422 tons increase versus 2011 (100.5%). 10,624,550 tons of crude oil were delivered with the above-the-plan delivery amounting to 315,640 tons. OAO TATNEFT Group of companies …
TNK-BP has launched production of Euro 5 diesel at Saratov Refinery
TNK-BP announces the start of production of environmentally compliant Euro-5 diesel at Saratov Refinery (SNPZ, part of TNK-BP Group of companies). As part of the program to start production of high quality diesel with improved environmental qualities, TNK-BP has carried out reconstruction of diesel hydrotreater L-24-6 at Saratov Refinery. It …
Rosneft: The Model for Drilling Success
K.V.Kudashov, R.A. Malakhov, Rosneft Oil Company Introduction In 2010, Rosneft was the fourth largest oil producer in the world, and the largest producer in Russia (Fig. 1). It is impossible to increase and maintain this position and continue to produce high production levels without increasing the volume of wells drilled …
KazMunaiGas Exploration Production: Q1 Results – Profit up 8%
JSC KazMunaiGas Exploration Production announces its condensed consolidated interim financial statements for the three months ended March 31, 2012. – Revenues increased by 8% to 207bn Tenge (US$1,396m)1 compared to the same period of 2011 on higher Brent and domestic prices offset by reduced export volumes. – The average price of Brent …
Alliance Oil Company: Operational update for April 2012
Alliance Oil Company’s average daily oil production for April 2012 amounted to 52,900 bopd. In the first four months of 2012, oil production totalled 6.7 mbbl compared to 5.5 mbbl in the same period in 2011. Preliminary average daily refining volumes at the Khabarovsk refinery amounted to 70,900 bopd in April 2012. In the …
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 …
Rhodia and Sibur: several steps further in their strategic surfactants partnership in the CIS
Rhodia, member of the Solvay group, and SIBUR have taken significant further steps in their project to create a joint venture in specialty surfactants*. The aim of this strategic partnership is to create a surfactant specialty leader in the CIS market focused on the home & personal care and oil …
Alliance Oil Company: Higher oil prices in upstream compensated lower volumes while downstream was supported by firm demand
Alliance Oil Company’s average daily oil production for the first quarter of 2012 amounted to 56,400 bopd compared to 45,800 bopd in the first quarter of 2011. In total, 5.1 mbbl were produced compared to 4.1 mbbl in the first quarter of 2011. Preliminary average daily refining volumes at the Khabarovsk refinery amounted to 74,900 bopd in the first …
Exillon Energy March Production Report
Exillon Energy plc, a London listed independent oil producer with assets in two oil-rich regions of Russia, Timan-Pechora (“Exillon TP”) and West Siberia (“Exillon WS”), is pleased to announce unaudited production data for the month of March 2012 (“the Period”). · Average daily production[1] for the Group was 11,785 bbl/day …
Tatneft’s Q1 Drilling and Production Activity Up
Crude Oil Production OAO TATNEFT produced 2,199,075 tons of crude oil in March, while the production volume for three months amounted to 6,453,613 tons accounting for 59,622 tons increase versus 2011 (100.9 %) with the above-the-plan production amounting to 142,065 tons (102.3 %). The amount of 6,360,155 tons of crude …