Orenburgneft Saved More Than 100 Million Rubles Due to an Increase in the Overhaul Period of Equipment Operation
JSC Orenburgneft, a subsidiary of Rosneft, in 2020 increased the overhaul period of the mechanized well stock to 825 days, which is 8.9% more than in 2019. The economic effect from the increase in the turnaround period for electric centrifugal and sucker rod pumps exceeded 111 million rubles. The introduction of …
Bashneft Allocated 5.6 Billion Rubles to Environmental Projects in 2020
ANK Bashneft, which is part of NK Rosneft, in 2020 invested 5.6 billion rubles in environmental projects on the territory of its production activities. The main investments are aimed at implementing programs to improve the reliability of pipelines, safe disposal of industrial waste, increase the useful use of associated petroleum gas, …
Orenburgneft: Saved 1bn Rub Through Innovative Technologies
The economic effect from the introduction of innovative technologies at the production facilities of Orenburgneft JSC (a subsidiary of Rosneft Oil Company) in 2020 exceeded 1 billion rubles. Comprehensive development of scientific and technological potential is one of the key elements of the Rosneft-2022 Strategy. As part of this work, the …
Samaraneftegaz: Wins 4 Block Auction In Samara
The Samaraneftegaz company, which is part of the oil production block of NK Rosneft, obtained the right to use the subsoil for geological exploration, exploration and production of hydrocarbons at the Vostochno-Pervomaisky, Glebovsky, Zharinovsky and Teleginsky blocks following the auction. The acquisition of new subsoil plots and the replenishment of …
Rosneft: Signs Investemnet Incentives to Accelerate the Development of the Priobskoye Field
Rosneft Oil Company, the Ministry of Finance of Russia and the Ministry of Natural Resources and the Environment of Russia have signed an agreement on investment incentives for oil production at the Priobskoye field in the form of an annual mineral extraction tax (MET) deduction of up to 46 billion …
Rosneft and bp: Agree to Cooperate on Carbon anagement and sustainability
Rosneft Oil Company and bp have signed a Strategic Collaboration Agreement focused on supporting carbon management and sustainability activities of both companies. The agreement builds on years of partnership between the two companies and formalises key elements of their collaboration on sustainability and work to identify carbon reduction activities and …
Rosneft: Mathematical Modeling Increases Samotlorneftegas’ Production by 1%
At the Samotlor field, Rosneft is successfully implementing innovative methods of integrated mathematical modeling for the integrated optimization of oil production at mature assets. The unique technology, tested at 515 wells of Samotlor, made it possible to increase oil production by 1% in 13 months. Digitalization in all areas of the …
Rosneft: Vostok Oil is Not Subject to Sanction Restrictions
Rosneft’s Vostok Oil project does not fall under the sanctions restrictions. This is stated by the company, referring to the results of the examination conducted by the world’s leading technology and legal companies. We will remind, on the Reuters website on January 15, 2021, news was published, which, according to …
RN-Uvatneftegaz: Ust-Tegusskoye Field Turns 30
It is 30 years since the discovery of the Ust-Tegusskoye field, the largest in the Uvat project of Rosneft. The field was discovered as a result of the drilling of prospecting well No. 100, which confirmed commercial oil deposits. In the process of subsequent additional exploration, the oil reserves of the Ust-Tegusskoye …
Rosneft Sells Equinor 49% Share in KrasGeoNats for $550 million
PJSC NK Rosneft and Equinor have closed the deal, as a result of which the Norwegian company acquires 49% of LLC KrasGeoNats. KrasGeoNats holds twelve exploration and production licenses for areas with traditional reserves located onshore in Eastern Siberia. Among them: Danilovsky (including the Severo-Danilovskoye field), Preobrazhensky, Verkhneichersky, Mogdinsky, Vostochno-Sugdinsky, Sanarsky …
