Rosneft: Q1 2016 Results – Production Drilling Up 52%
Q1 2016 Operating Results – Average daily hydrocarbon production of 5.21 mmboe, an increase both compared to Q1 2015, and for two consecutive quarters (+2.5% compared to Q3 2015) – Production drilling grew by 52% with maintaining in-house OFS share above 50% – Gas production grew by 6% to 16.72 …
RN-Severnaya Neft: Starts Oil Production at the Labaganskoye Field
RN-Severnaya Neft, a Rosneft subsidiary, began commercial oil production at the Labaganskoye field. 3D CDP (Common Depth Point) seismic prospecting was performed in the area, appraisal wells were drilled. An extensive work was also completed to prepare for development drilling – the properties of oil and reservoir rocks that generated …