production

Exillon Energy plc, a London listed independent oil producer with assets in two oil-rich regions of northern Russia, Timan-Pechora (“Exillon TP”) and West Siberia (“Exillon WS”), today issues its preliminary unaudited results for the year ended 31 December 2011. Production Growth –       Average daily oil production increased by 90% from 4,656 …

Lopukhov A.N.  OJSC Samotlorneftegaz Ph.D.Econ., Avanyan E.A.  LLC Nitinoil Cand. Sc. Eng. Khalov M.O.  MAI It is commonly accepted that the development of oil and gas deposits is the scientific process of extracting hydrocarbons and associated minerals from the subsoil. This process includes the drilling and production of the reserves. …

Marat Basyrov, Director, Reservoir Management Functional Excellence Dept., Reservoir Management and Reserves Division, Upstream The main goal of water flooding is to maintain reservoir energy (reservoir pressure) and the displacement of oil to production wells. The amount of injected water and the location of the injection site are very important. …

Mark Thomas The fact that the Arctic offshore contains huge estimated oil and gas reserves is nothing new, despite the relatively small amount of hydrocarbons currently being produced from its waters. But a gradual thawing in the arguments against why responsible exploration and development activity cannot take place has brought …

Marat Sharifullin, Deputy Technical Director for Environment, Shtokman Development AG Ensuring environmental safety is one of the main conditions when developing large oil and gas projects in the Russian arctic, and this especially applies to the Shtokman gas condensate field (SGCF) development project in the Barents Sea. The Shtokman project …

M.A. Kuznetsov, K.K. Sevastyanova, S.A. Nekhaev, P.V. Belyaev, P. A. Tarasov, Ph.D. Ph&M  LLC RN-SakhalinNIPImorneft Introduction Rosneft owns a number of licenses for developing Russian continental shelf deposits, including those located in the arctic and subarctic regions. Among the principal difficulties related to the execution of projects in the Arctic …

Volga Gas plc, the oil and gas exploration and production group operating in the Volga Region of Russia, provides an update on its’ operations on its Uzenskoye oil field and on exploration drilling on the Urozhainoye-2 licence. Uzenskoye oil field A sidetrack on the Uzenskoye #9 well on the flank …

Record-breaking daily rate exceeding 500 tons oil was achieved on the Ilishevskoye oilfield in the Republic of Bashkortostan after JSOC Bashneft commissioned a horizontal oil well targeting Radaev-Bobrikov formation. It is the first time in over 20 years that such a flowrate is achieved at Bashkir oilfields. «The results of drilling at the Ilishvskoye oilfield dispel the long-held notion that today there are only marginal wells left …

Crude Oil Production OAO TATNEFT produced 4,254,538 tons of crude oil during two months of 2012 or 101.5% versus the level of the past year with the above-the-plan production amounting to 94,204 tons (102.3%). The amount of 4,199,435 tons of crude oil was delivered with the above-the-plan delivery amounting to …

Exillon Energy plc (“Exillon Energy”, the “Company” or the “Group”) (EXI.LN), 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 February 2012 (“the Period”). ·     Average daily …