RPI

On the one hand, the market for downhole and wellhead equipment is quite a ‘mainstream’ affair with a large presence of domestic players, but on the other hand, some of its cutting-edge segments, such as MSHF equipment, as well as digital oilfield equipment, are generally manufactured by foreign companies. Demand …

The drilling equipment market, the key segments of which are drilling rigs and top drives, is characterized, on the one hand, by fleet obsolescence, and on the other, by increased requirements toward drilling equipment on the part of major contractors. Considering the outlook until 2030, the accumulated demand for drilling …

In late 2016, Russia signed up to the OPEC deal to limit oil production. Last year, it was extended twice with its term covering the entire 2018. One might think that production curbs would have led to less production drilling activity in the country. However, this did not happen. Last …

Conference organizer: RPI. Key topics in 2018 include: – Increased capital investment efficiency and lower operating costs of field development and production as a result of implementing integrated approach – Different approaches to cost-engineering: oil majors’ best practices – Modeling the cycle of field infrastructure development – Control systems for …

Despite two major economic downturns, the Russian oilfield services market grew by 370%  to 1.14 trillion rubles from 2006 to 2016. In this period, HD and sidetracking were in many respects the key market drivers, as it will be for the next ten years. As a result, this will lead …

The article continues and amplifies the key topic of  “The Russian Drilling Market in 2017: The Market Outlook and Management Challenges”, from ROGTEC Issue 48 (2017). The drilling process management systems efficiency enhancement requires the creation of adequate tools; such as time and resource consumption standards for the particular operation …

  Between 2006-2016 Russia almost doubled the footage drilled, resulting in a significant growth in oil production. During this period the drilling market grew followed by an explosive growth throughout the last two years but this could end in 2017 due to the global agreement to cut production. In the …

Significant changes have happened in the drilling industry in the last decade. Every year the operations become more complex and the production and environmental safety requirements become more stringent. That is why the application of measuring-while-drilling (MWD) systems is becoming more important in the oilfield services market – information acquired …

In August, 2016 the Ministry of Energy of Kazakhstan shared its plans for abandonment of 126 offshore Caspian wells before 2019. And this is just the tip of the issue. The majority of the countries land wells are out-of-date and their rate of decline is accelerating. In Kazakhstan, it is …

Early in February 2016, the Central Dispatch Administration of Fuel and Energy Complex (CDAFEC) published official statistical data confirming the estimates of industry experts, who last autumn predicted a 3-4% decline in production in Western Siberia in 2015. This has affected virtually all vertically integrated oil companies in this traditional …