Rosneft

Commercial inflows of oil, gas and condensate have been acquired in four exploration wells on Rosneft’s licensed blocks, which were handed over to Verkhnechonskneftegaz for operational activities on geologic survey, exploration and production of hydrocarbon crude. According to the results of drilling and probes, maximum rates totaled up to 60 …

Rosneft affirms that the bond issue by the Company is done with the sole scope of financing its project in the Russian Federation. The Company generates enough cash flow in foreign currencies in order to meet its loan repayment obligations. Until the need for repayment within the realization of its …

RN-Uvatneftegaz, a subsidiary of Rosneft, produced 50 millionth ton of oil since the start of Uvat project implementation in 2004. In 10 years of enterprise performance the annual oil output increased almost by 10 times – from 1.2 mln tons in 2004 to about 10 mln tons, expected by the …

Introduction The appraisal of the Sorochinsko-Nikolskaya block began in the middle of the 20th century: geological prospecting work resulted in the discovery of reservoirs in the Artinskian, Ufimian, Okskian, Bobrikovskian and Tournaisian deposits. Devonian deposits have been poorly appraised, the appraisal only covered Upper Devonian. In the Upper Devonian deposits …

At its meeting December 9, the Rosneft Board of Directors approved the main strategic objectives for Company developments. In particular, Board of Directors members endorsed Rosneft Development Strategy and Long-term Development Program until 2030. The Company’s strategic goals aimed to enhance leadership in terms of volumes of production and reserves …

Vankorneft, a subsidiary of Rosneft, in compliance with the program of Suzun field development started construction of pressure oil pipeline to connect Suzun and Vankor oil fields. Total length of the oil pipeline will be 101 km. The project implementation became possible due to a complex of technical and managerial …

In all likelihood, the year 2014 will go down on record as a turning point for the Russian drilling market. New trends have been seen on this market for the first time in several years, i.e. a decline in the scope of total drilling instead of growth that was recorded …

In the first part of this article, we look at reserves and major projects for the Russian upstream gas sector. In part 2, to be published in the next issue of ROGTEC Magazine, the article will conclude by looking at the production outlook, including market risks.  One of the conundrums …

Introduction The fields at Udmurtneft are at the late stage of development, which is characterised by a high water cut and also the corrosiveness of the produced fluid, which are the main reasons for a considerable number of downhole pumping equipment failures caused by corrosion. The use of fresh surface …

The scientists of Siberian Federal University with the support of Rosneft found a missing population of Evenki wild reindeer. It became possible through implementation of the “Evenki reindeer” project, realized jointly with East-Siberian Oil and Gas Company (Rosneft’s subsidiary) and Siberian Federal University. During the first stage of the program …