Growth of Gazprom’s Reserves Due to Geological Exploration Exceeded Production Volumes for the Eighteenth Year in a Row
Increase in reserves as a result of geological exploration – 529.2 billion cubic meters. m. The largest increase is provided in the Yamalo-Nenets Autonomous Okrug. The Board of Directors of PJSC Gazprom took note of the information on the status of work to ensure the resource base, geological study of …
Rosneft: East Messoyakha Reserves Up 32%
Recoverable oil and condensate reserves of C1 category of the East Messoyakha field increased by 49.7 mln t (32% growth) in 2014 , reaching 204 mln tons. The net recoverable oil and condensate reserves of C1+C2 categories of West Messoyakha and East Messoyakha fields totals about 480 mln tons. The …
Dragon Oil plc: Interim Management Statement
Dragon Oil plc (Ticker: DGO), an international oil and gas exploration, development and production company, issues its Interim Management Statement in accordance with the EU Transparency Directive. The statement covers the period from 1 January 2013 to date. The financial, production and drilling results data are for the period from …
Exillon Energy plc: Interim Management Statement
Exillon Energy plc, a London Premium listed oil producer with assets in two oil-rich regions of northern Russia, Timan-Pechora (“Exillon TP”) and West Siberia (“Exillon WS”), today issues its Interim Management Statement for the three month period ending 31 March 2013 (the “period”). Highlights · Average daily production of 14,869 bbls/day …
Exillon Energy: Proved Reserves Up 56%, Probable Up 96%
Exillon Energy plc, a London Premium 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 updated reserves report prepared by Miller & Lents, Houston. · Total proved (“1P”) reserves increased by 56% to 196 million …
Slavneft: C1 Reserves up by 21.2m Tons in 2012
In 2012, Slavneft managed to increase its C1 recoverable oil reserves by 21.2 mln tons. Over the reporting period, the Company’s subsidiaries produced 17.9 mln tons of oil. Therefore, hydrocarbon reserves replenishment at Slavneft’s license areas amounted to 118%. Total ABC1 remaining recoverable reserves on the books of Slavneft reached …
Gazprom Neft boosts hydrocarbon reserves by nearly 10.5% in 2012
As at 31 December 2012, Gazprom Neft’s total “proven and probable” (2P) reserves (including its interests in joint ventures) under PRMS international standards amounted to 2.14 billion metric tonnes of oil equivalent (15.87 billion barrels), marking a 10.43% increase over 31 December 2011 or 202.5 million metric tonnes of oil …
Bashneft proven reserves replacement rate amounted to 123.4% in 2012
Bashneft announces results of the regular independent oil reserves audit held by Miller and Lents, Ltd. under PRMS (Permanent Resources Management System) JSOC Bashneft oil reserves as of December 31, 2012* As of 31.12.2011 As of 31.12.2012 Change from 2012/2011 Proven reserves, mln. bbl. 1 983,5 2 006,8 1,2% Probable …
International Petroleum: First Production and Sales of Oil
International Petroleum Limited, an oil and gas exploration and production company with assets in Russia and Kazakhstan, is pleased to announce that it has commenced production and sales of oil from well number 52 at the Zapadno-Novomolodezhny field. During August 2011, the Company entered into an agreement to acquire Vamaro Investments Limited (“Vamaro”). …
KazMunaiGas: Reserves and Resources Assessment as at 31 December 2011
КаzМunaiGas Exploration Production today announces the results of the annual assessment of Reserves and audit of Contingent Resources, as at 31 December 2011 by the independent energy consulting firm Gaffney, Cline & Associates (“GCA”). These Reserves and Resources have been estimated in accordance with the 2007 Petroleum Resources Management System …