RDCR – Announces the Advisory Board
The RDCR is pleased to announce the following advisory board for the 2017 RDCR, Drilling and Completions Roundtable. The advisory board will lend their support and technical expertise to guide and direct the direction of the sessions and discussions. We are very grateful to have their input into the event. …
Alexei Ulyukayev, Economy Minister, Detained Over Alleged Bribe Related to Rosneft’s Purchase of Bashneft
Russian investigators said on Tuesday they had detained Economy Minister Alexei Ulyukayev in a bribery case linked to a $5 billion acquisition by state oil giant Rosneft, a surprise move that may expose fault lines in Vladimir Putin’s inner circle. Ulyukayev, a 60-year-old technocrat whose ministry has been overseeing a …
Rosneft: Sells 20% of Verkhnechonskneftegaz to the Beijing Gas Group Company for $1.1bn
Rosneft and Beijing Gas Group Company Limited (hereinafter, “Beijing Gas”) signed a Purchase and Sale Agreement and a Shareholder and Operating Agreement for the sale of a 20% stake in Verkhnechonskneftegaz (a Rosneft subsidiary) to the Chinese company, an Agreement on the Area of Mutual Interest in respect of the …
Weatherford: Award Best Directional Drilling Company of the Year by Rosneft
Weatherford Russia was recognized as the Best Directional Drilling Company of the Year by Rosneft at the second specialized Exploration and Production Technologies 2016 Сonference held in Moscow October 4 and 5, 2016. Rosneft, the world’s largest publicly traded petroleum corporation, acknowledged its top contractors in several categories for performance excellence …
Rosneft: Completes $5.3bn Bashneft Asset Purchase
Under the Government of the Russian Federation Decree dated October 10, 2016 Rosneft carried out necessary corporate actions to prepare for and execute the acquisition of the Government’s stake in Bashneft Public Joint Stock Company representing 50.0755% of its charter capital. The Company Board of Directors unanimously approved Rosneft’s potential …
Verkhnechonskoye: Scale Management and Inhibition
You could say that the first major day of oil production in Eastern Siberia was the first batch of oil produced from the Verkhnechonskoye Oil and Gas Condensate Field (VCNG), which is located in the north of the Irkutsk Oblast. But as the VCNG development progressed, processes limiting the oil …
Samaraneftegas: Hydrogel Based Mud in Direction and Horizontal Wells
The deposits of the Volga-Ural basin and, in particular, the Samara Region are mainly represented by anhydrites, greenish-gray and brown siltstone, and marl. The interlaying shale deposits become unstable and disintegrate when exposed to the drilling mud. Intense disintegration gives rise to a number of drilling problems. When drilling directional …
RN-Nyaganneftegaz: Well Intervention Candidate Selection at the Krasnoleninskoe Field
One of the major tasks of the oil and gas field development is to maximize the oil recovery factor (ORF) at minimal cost. The solutions adopted in the field development design need to be optimized, taking into account the actual reservoir performance. Well intervention is a prime tool to improve …
Vostochno-Messoyakhskoye: Start Commercial Production
A ceremonial event marking the launch of the Vostochno-Messoyakhskoye field took place today. The event was attended by Alexey Miller, Chairman of the Gazprom Management Committee, Igor Sechin, Chief Executive Officer of Rosneft, and Alexander Dyukov, Chairman of the Gazprom Neft Management Board. Russian President Vladimir Putin gave the command via a video call to start offloading oil …
Rosneft and BP Russia: Sign Collaborative Agreement with Schlumberger on Seismic Research and Development
Rosneft, BP and Schlumberger today announced agreements for collaboration on seismic research and development. The agreements were signed at the Eastern Economic Forum (EEF) in Vladivostok, Russia, by Rosneft CEO Igor Sechin and President of BP Russia David Campbell. Schlumberger was represented by President for Russia and Central Asia Gokhan …