Eurasia Journal News

The Period of Continuous Gas Production at the Sakhalin-2 Project Has Been Extended by Five Years – Until 2033

The period of constant gas production at the Sakhalin-2 project has been extended for five years – from 2028 to 2033, General Director of Sakhalin Energy LLC Roman Dashkov and head of the Gazprom department Sergei Menshikov report on the pages of the Gas Industry magazine. “In October 2023, a …

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Eurasia Journal News

Rosnedra Ensured the Introduction of 115 Russian Technologies into Production

Rosnedra ensured the introduction into production of 115 Russian technologies for geological exploration, among them neural network technologies for increasing oil production and oil recovery and 4D seismic technology, said Dmitry Oleynik, adviser to the head of the department. “One of the important issues for us is also the creation …

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Russia Oil Gas Magazine

The Division of the TAGRAS Holding for the First Time Received an Influx of Oil from the Anomalous Bazhen to the Khanty-Mansi Autonomous Okrug

The TNG-Group company received an influx of oil from the Zaozernaya well No. 1 in the Khanty-Mansiysk Autonomous Okrug – Ugra. The project was implemented by order of the Federal State Budgetary Institution “All-Russian Research Geological Petroleum Institute” on the basis of a state assignment from the Federal Agency for …

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Eurasia Journal News

Rosnedra Estimated the Volume of Hard-to-Recover Hydrocarbon Reserves

Hydrocarbon reserves classified as hard-to-recover in Russia are colossal, and “we need to work with them,” said the head of Rosnedra, Evgeny Petrov. “Today we have about 970 billion tons of geological hard-to-recover reserves, 3.4 billion recoverable. That is, these are colossal reserves that need to be worked with. And …

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Eurasia Journal News

New Deposits of Bazhenov Oil Were Found in Khanty-Mansiysk Autonomous Okrug

The TNG-Group company received an influx of oil from the Zaozernaya well No. 1 and successfully completed work under the government contract. Experts have confirmed the oil content of the anomalous Bazhen deposits in the study area. The Devon News Agency learned about this from a message from TNG-Group (part …

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Eurasia Journal News

Russia Will Focus on Deep-Sea Oil and Gas Production

Russia will focus on deep-sea oil and gas production in the coming decades, since only it can ensure the required level of production in the country, said the head of Rosnedra, Evgeny Petrov. “We know that all life came out of the sea. But we, on the contrary, in the …

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Eurasia Journal News

Lukoil May Increase Investments In Geological Exploration By 30% In 2024

According to the head of the company’s geological exploration department, Alexander Semyanov, investments could grow to 47 billion rubles compared to 36 billion rubles in 2023. Lukoil’s investments in geological exploration may grow by 30% this year – to 47 billion rubles, compared to 36 billion rubles in 2023, follows …

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Eurasia Journal News

Rosnedra Began a Systematic Study of the Russian Shelf For the First Time in the Last 30 Years 

For the first time in the last 30 years, the Federal Agency for Subsoil Use (Rosnedra) has begun a systematic study of the Russian shelf, said the head of the agency, Evgeny Petrov, during a meeting with Prime Minister Mikhail Mishustin. Petrov noted that over the past two years, Rosnedra …

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Eurasia Journal News

The Increase In Oil Reserves In The Russian Federation In 2024 May Amount To 525 Million Tons

Gas reserves may reach 670 billion cubic meters, according to the forecast of the All-Russian Scientific Research Geological Petroleum Institute. The increase in oil and condensate reserves based on the results of geological exploration in Russia in 2024 may amount to 525 million tons, and natural gas – 670 billion …

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Eurasia Journal News

Abramovich’s Son’s Company Was Allowed To Commission 3 Gas Fields Of The Vostok Project

Diall Alliance LLC (controlled by Arkady Abramovich) received permission from Rosnedra to commission production facilities at three fields in the eastern part of the Bortovoy license area in the Saratov region, the regional Ministry of Industry and Energy reports. We are talking about the objects of the Pavlovskoye field in …

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