Petrosibir: Production Report March 2024
Petrosibir’s total oil production during March 2024 amounted to 20,175 barrels, equivalent to 650 barrels per day. The table below summarises the average monthly / daily production in 2024 and in 2023, broken down by region. 2023 2024 Average Jan Feb Mar Total production …
Absheron Production 1Q 2024 Results – 400 Million Cubic Meters of Gas
From the Absheron field in the first quarter. 400 million cubic meters were produced. m. of gas – Ministry of Energy of Azerbaijan The operating company JOCAP (Joint Operating Company of Absheron Petroleum B.V.) produced 400 million cubic meters of gas from the Absheron gas condensate field in the Caspian …
BP Predicted Production Growth in the Upstream Segment in the First Quarter
British oil and gas company BP Plc expects an increase in production in the upstream segment in the first quarter compared to October-December 2023, it said in a statement. In the gas and low-carbon energy subsegment, a slight increase in production is expected, while in the oil subsegment – a …
Petrosibir: Production Report February 2024
Petrosibir’s total oil production during February 2024 amounted to 19,014 barrels, equivalent to 656 barrels per day. The table below summarises the average monthly / daily production in 2024 and in 2023, broken down by region. 2023 2024 Average Jan Feb Total production …
Inaugural Eurasia Africa Energy Summit (EAES 2024) and 9th KDR Well Engineering Forum Set to Merge in Astana
Event Date: 19th & 20th September Location: The Rixos President Hotel, Astana, Kazakhstan This September, Astana will become the focal point for the global energy sector as it hosts the first-ever Eurasia Africa Energy Summit (EAES) alongside the 9th Annual KDR Well Engineering Forum. Scheduled for the 19th and 20th …
Petrosibir: Production Report December 2023
Petrosibir’s total oil production during December 2023 amounted to 20,203 barrels, equivalent to 652 barrels per day. The table below summarises the average monthly / daily production in 2023 and in 2022, broken down by region. 2022 2023 Average Jan Feb Mar Apr May Jun Total …
US Shale Producers Will Significantly Reduce Drilling Costs
Next year, US shale operators are expected to significantly reduce US drilling costs, Bloomberg reports. Private oil and gas operators will cut their budgets by an average of 4% to $34.4 billion in 2024, according to Barclays PLC’s annual global spending survey. The cuts, the biggest ever forecast by a …
Petrosibir: Production report November 2023
Petrosibir’s total oil production during November 2023 amounted to 19,721 barrels, equivalent to 657 barrels per day. The table below summarises the average monthly / daily production in 2023 and in 2022, broken down by region. 2022 2023 Average Jan Feb Mar Apr May Jun Total …
LUKOIL Received a License for Development of The Demenevsky Subsoil Site
The LUKOIL-PERM enterprise was recognized as the winner of the auction for the right to use the subsoil of the Demenevsky site, located in the south of the Perm Territory. Its area is more than 159 km², its recoverable resources are 1.8 million tons of hydrocarbons. The license for geological …
Russia Reduced Gas Production Over 10 Months by 9.6%
It amounted to 430 billion cubic meters. m, follows from Rosstat data Russia in January – October 2023 reduced natural gas production by 9.6% compared to the same period of the previous year, to 430 billion cubic meters. m. This follows from Rosstat data. In particular, gas production in October …