Eurasia Journal News

Rosneft Produced the 10 Millionth Ton of Oil at the Tagulskoye Field

RN-Vankor (part of Rosneft’s oil production complex) has produced 10 million tons of oil at the Tagulskoye field since the start of its operation. Oil production at the Tagulskoye field is provided by 224 wells. Oil treatment is carried out at four mobile oil treatment units. Commercial quality oil is …

READ MORE →
Eurasia Journal News

Which Russian Oil Companies Have the Most Increase in the Number of Idle Wells

The number of idle oil wells has increased in Russia. According to Bloomberg, their share rose to 18.1% in March from 15.6% in February, the largest since May 2022, when the Russian Federation carried out short-term production cuts amid the first waves of international energy sanctions. Bashneft and Slavneft announced …

READ MORE →
Eurasia Journal News

Rosneft has developed a digital model of Sibneftegaz fields

Specialists of Sibneftegaz JSC, which is part of the Rosneft gas production complex, have developed and implemented an analytical digital twin of all the company’s fields. The program calculates the production forecast and simplifies monitoring of well operation, including for clarifying telemetry data*. The digital twin contains information about the …

READ MORE →
Eurasia Journal News

BP Revised Volumes of Oil and Gas Production Cuts

British BP has decided to increase investment in oil and gas projects and, as a result, reduce oil and gas production less than in 2019 – by 25% instead of 40%, planned earlier, by 2030, the company says. “BP expects oil and gas production to be around 2.3 million barrels …

READ MORE →
Eurasia Journal News

Udmurtneft Doubled the Production Rate of a Horizontal Well Thanks to Fishbone Technology

Udmurtneft (a joint venture between Rosneft and Sinopek) doubled the productivity of a horizontal well drilled at the Chutyrsko-Kiengopskoye field thanks to the use of advanced drilling methods – Fishbone* technology. The starting flow rate was 46.4 tons of oil per day, which is 100% higher than the performance of …

READ MORE →
Eurasia Journal News

Rosneft is Implementing Large-scale Projects to Introduce its Own Import-substituting Technologies

In 2022, Rosneft received more than 100 patents for innovative inventions. Thus, to date, the Company owns more than 950 intellectual property products that have passed state registration. Possessing an outstanding resource potential, Rosneft actively creates and implements the most significant solutions of the technology age. The Rosneft Research and …

READ MORE →
Eurasia Journal News

The Economic Effect From The Introduction of Advanced Technological Solutions at Orenburgneft Amounted to More Yhan 4 Billion Rubles

The Orenburgneft company, which is part of the Rosneft oil production complex, implemented 95 innovative projects to improve production efficiency in 2022, 28 of which were proposed by the company’s specialists. The economic effect of the implemented technological solutions amounted to more than 4 billion rubles. Increasing the efficiency of …

READ MORE →
Eurasia Journal News

Rosneft and Innopraktika Announced a New Environmental Project in the White Sea

In the new field season, Rosneft together with the non-state development institute Innopraktika will begin implementing a large-scale environmental project in the White Sea. This was stated by representatives of the companies at the round table “Russian Arctic: integrated scientific and environmental research”, held with the support of the “Clean …

READ MORE →
Eurasia Journal News

Igor Sechin attends Ministerial Session during the India Energy Week in Bangalore

The CEO of Rosneft Igor Sechin participated in the session with ministers during the India Energy Week: the key forum in South Asia, dedicated to the questions of energy security and ecological sustainability. Speech of Igor Sechin at the Ministerial session during the IEW in Bangalore Source

READ MORE →
Eurasia Journal News

The Price for Russian Oil Will Be Decided Based On the Actual Directions of Supply, Not in Europe, the Head of Rosneft Notes

This opinion was expressed by Rosneft Chief Executive Officer Igor Sechin at the ministerial session during the Indian Energy Week, a key South Asian forum dedicated to energy security and environmental sustainability. “If there are no Russian oil supplies to Europe, there is no reference price. The reference prices will …

READ MORE →