Oil & Gas Operators

Rosneft Increased Hydrocarbon Production by 1.3 Percent

Rosneft in the first quarter of 2023 increased hydrocarbon production by 1.3% compared to the previous quarter, to 5.6 million barrels of oil equivalent per day, the company said. “Hydrocarbon production in the first quarter of 2023 reached 5.6 million barrels of oil equivalent per day, an increase of 1.3% …

READ MORE →
Oil & Gas Operators

Rosneft Increased Gas Production by 2.7 Percent

Rosneft increased gas production by 2.7% in the first quarter of 2023, to 1.5 million barrels of oil equivalent per day, the company said. “The company’s average daily gas production in the first quarter of 2023 reached 1.5 million barrels of oil equivalent per day, exceeding the figure for the …

READ MORE →
Oil & Gas Operators

Rosneft Brings New Software to the Foreign Market

Rosneft held a Technology Day, which was attended by over 100 representatives of major oil and gas companies, including Gazprom, Novatek, Lukoil, Zarubezhneft, Surgutneftegaz, Tatneft, Transneft and etc. At the event, specialists from the RN-BashNIPIneft corporate institute told their colleagues about the capabilities of the Rosneft science-intensive software line and …

READ MORE →
Oil & Gas Operators

Rosneft has Developed Software for Analysing the Properties of Hydrocarbons

Specialists of the scientific institute “RN-BashNIPIneft” have developed a software package for calculating the physical and chemical properties of hydrocarbons. This is an import-substituting IT product integrated into the corporate line of science-intensive software of Rosneft. The economic effect of its implementation is 250 million rubles. Development of technological potential …

READ MORE →
Oil & Gas Operators

Bashneft Has Processed More Than 30% of the Oil Waste of the “Historical Heritage”

Bashneft (part of Rosneft) in 2020-2022 recycled more than 30% of the oil waste of the “historical heritage”. For three years, about 570 thousand tons of oil sludge have been disposed of. Caring for the environment is an integral part of the corporate culture and one of the key principles …

READ MORE →
Oil & Gas Operators

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 →
Oil & Gas Operators

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 →
Oil & Gas Operators

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 →
Oil & Gas Operators

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 →
Oil & Gas Operators

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 →