Eurasia Journal News

Rosneft: Delivers First Commercial Crude from the Erginsky Cluster

Rosneft started delivery of the first commercial crude oil from new Erginsky cluster to Transneft pipeline system. The Erginsky startup complex commissioning ceremony was attended by the the Prime Minister of the Russian Government Dmitry Medvedev and Rosneft Chief Executive Officer Igor Sechin. Erginsky cluster comprises Erginskoe, Zapadno Erginskoe, Kondinskoe, Chaprovskoe …

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Eurasia Journal News

RN-Yuganskneftegaz: Appoint Khazan Tatriev as General Director

On August 11, Chairman of Rosneft Management Board Igor Sechin held a meeting at RN-Yuganskneftegaz to introduce the new top management team of the Company’s major production asset. Khazan Tatriev – formerly head of Samotlorneftegaz – is appointed General Director of the subsidiary, while SNG has had management rotation as …

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Rosneft Posts Record 2013 Results

Rosneft‘s daily hydrocarbon production reached 4.9 mmboe, EBITDA amounted to RUB 947 bln supported by hydrocarbon production growth, increased efficiency and integration of new assets. Crude oil and liquids production equaled 4,196 th.bpd (organic growth 1%), gas production reached a record high figure of 38.17 bcm (organic growth 22%). The …

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TNK-BP To Save $30m In 2012 By Implementing a Lean Production Program

TNK-BP reports that its pilot program of lean production based on the principles of Toyota Production System (TPS), has reaped an economic benefit of $12.8 mln based on the results of the past 9 months. The most important factor in TNK-BP sustainable development is its continuous improvements in efficiency. The …

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TNK-BP Applies Improved Multistage Hydraulic Fracturing Technology to Boost Well Performance in West Siberia

TNK-BP has become the first company in Russia to apply a unique improved multi-stage hydraulic fracturing technology to develop hard-to-recover reserves at mature fields in West Siberia, thereby reducing well completion cycle and costs. TNK-BP is implementing a comprehensive programme to boost production performance of its mature fields in West …

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TNK-BP Actively Uses Mobile Drilling for Samotlor Field Development Efficiency Improvement

Samotlorneftegaz (incorporated into the TNK-BP Group of companies) is actively using the mobile drilling technology for more efficient production in mature fields of West Siberia. The technical capacity of mobile drilling rigs is no worse than that of pad mounted drilling rigs. Mobile drilling rigs allow drilling of wells up …

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