Vankorneft Increases Scope of Geological Exploration Works to Provide Increment of Recoverable Reserves
In 2014, Vankorneft (Rosneft subsidiary) is planning to carry out the highest scope of geological exploration works during the 10 years of its operation. The works will be focused on oil and gas reserves increment, increase of the resource base and preparation of discovered fields for development. Prospecting and exploratory …
Varyeganneftegaz is Implementing the Program Aimed at Completion of Gas Reservoirs Study
Varyeganneftegaz (Rosneft subsidiary) starts implementation of Phase I of industrial experiment works aimed at completion of gas reservoirs study at the licensed blocks in Khanty-Mansiysk Autonomous District. The major activities will be focused on the Van-Yoganskoe and Severo-Varyeganskoe fields. Under the results of the geological exploration, which is detailed 3D …
Rosneft Confirm Senior Delegations for the UOR Technology Conference
Rosneft have confirmed they will be sending senior delegations to the UOR, Unconventional Oil Russia Technology Conference. To date Rosneft’s Reservoir Management, Oil and Gas Services and Oil and Gas Production departments will be sending significant teams, with more possibly to follow. Taking place in May 2014 at the Kempinski …
The Kara-Winter-2014 Ice Expedition Has Started Field Studies in the Artic Zone
The Kara-Winter-2014 Expedition organized by the Arctic Research and Design Center (a joint venture of Rosneft and ExxonMobil) with expert support from the Arctic and Antarctic Research Institute Federal State Budget Institution left the Port of Murmansk on board the Yamal Ice-Breaker. This is going to be the largest ice …
Rosneft is Successfully Developing Exploration Drilling Program for 2014
Rosneft has succeeded at exploration drilling for 100 % up to the end of the first quarter of 2014. During the test for all exploration wells commercial inflows of hydrocarbons were obtained, which means the high efficiency of Exploration drilling program for the year 2014. The most important results were …
Rosneft Starts Geophysical Surveys in Eastern Arctic
Aerial gravity-magnetic surveys began at the Yuzhno-Chukotsky License Area in the Eastern Arctic to establish the field’s subsurface structure. Rosneft and ExxonMobil have agreed to a framework for jointly exploring six license areas in the Chukchi and the Laptev Seas, namely the Ust-Lensky, Ust-Oleneksky, Anisinsko-Novosibirsky, Yuzhno-Chukotsky, and Severo-Vrangelevsky 1 and …
Rosneft’s Yurubcheno-Tokhomskoye Oilfield in Eastern Siberia Delayed to 2017
Rosneft plans to start production at its Yurubcheno-Tokhomskoye oilfield in eastern Siberia in 2017, the company said on Tuesday, another delay for a field key to Russia’s efforts to at least keep oil production at current levels. Rosneft, Russia’s biggest oil company and the world’s largest listed producer by output, said Yurubcheno-Tokhomskoye …
Rosneft Acquires Orenburg Drilling Company
Rosneft completed acquisition of 100% share in Orenburg Drilling Company from VTB-Leasing Group. Acquisition of Orenburg Drilling Company is the key aspect of the program aimed at the re-equipment of Rosneft’s fleet of drilling units and implementation of the policy of the group for internal service share increase. Acquisition of …
Tight Oil Developments in Russia
James Henderson : The Oxford Institute for Energy Studies Part 1, click here to read part 2 Introduction Production of unconventional oil has transformed the US energy landscape, creating the potential for that country to reduce its reliance on oil imports and to contribute to the possibility of North America’s …
Rosneft and Statoil CEO’s Meet to Discuss Offshore Co-operation
Rosneft President, Chairman of the Management Board Igor Sechin held a working meeting with Statoil ASA CEO Helge Lund in Norway. The parties discussed implementation of the joint projects in Russia’s Barents Sea (Perseyevsky License Area) and the Sea of Okhotsk (Magadan-1, Lisyansky, and Kashevarovsky License Areas). The two noted …