ERIELL Group and Schlumberger Deploy New Rotary Steerable System in Samburgskoye Field
ERIELL Group and Schlumberger today announced the successfully completion of the construction of a 4245 m horizontal well in the Samburgskoye field using the latest rotary steerable system (RSS) from Schlumberger. The combination of the new PowerDrive Orbit vorteX RSS with a customized Smith polycrystalline diamond compact (PDC) bit and …
SeverEnergia: Launches Third Stage of the Samburgskoye Field
OAO NOVATEK announced the launch of the third stage of the Samburgskoye gas condensate field developed by SeverEnergia, a joint venture between OAO NOVATEK and OAO GazpromNeft. The launch of the third stage, which exceeds two (2) bcm of natural gas per annum, will enable the field to achieve peak production capacity …
Gazprom Neft and Novatek Agree to Equal Ownership of SeverEnergia
Gazprom Neft and Novatek have announced an agreement for 50/50 ownership of SeverEnergia’s shares. Following a series of transactions with Novatek, Gazprom Neft will increase its effective ownership of the joint owned company by 9.8% to 50%. Vadim Yakovlev, First Deputy CEO of Gazprom Neft, said: “The agreement between SeverEnergia’s …
Gazprom Neft: Hydrocarbon Production Up 4.2%
JSC Gazprom Neft has published its consolidated financial results, in accordance with International Financial Reporting Standards for FY 2013. The company’s financial performance in FY2013 as compared to FY2012 was positively affected by an increase in hydrocarbon production volumes and the resulting rise in product sales via premium channels (small …