U.S. Oil Producers Predict the Decline of the Shale Boom
Major oil companies are now openly discussing the end of the shale boom in the United States, attributing it to Donald Trump’s trade policy, which has led to a decline in commodity prices, according to the Financial Times. Market participants told the publication that they are being forced to reduce …
Iran Acquires Shale Oil Production Technology
The shale oil pilot project in Iran is in its final stages and the country can be said to have access to the technology to extract oil from such reserves. The pilot shale oil pilot project in Iran was designed to study the technical and economic aspects of the shale …
The Russian Federation Has Created a Georadar for Shale Oil and Permafrost
Using it, we can illuminate the subsoil with an electromagnetic field. Russian scientists have developed a new method for studying one of the types of shale oil – the Bazhenov formation. This was announced by the director of the Institute of Petroleum Geology and Geophysics of the SB RAS Vyacheslav …
United States Predicted a Record Production of Shale Oil in April
Oil production at the seven largest US shale deposits in April could reach its highest since December 2019, the Energy Information Administration (EIA) of the US Department of Energy said on Monday. It is estimated that shale oil production could rise by 68,000 barrels per day – the slightest increase …
C.A.T. oil AG: Retains 2014 Outlook and 390m Euro Investment – Sanctions Not to Have an Effect
C.A.T. oil AG,one of the leading providers of oil and gas field services in Russia and Kazakhstan, reiterates its outlook for the current fiscal year following the initial assessment of the effects of the latest EU and US export restrictions for the Russian oil industry. C.A.T. oil expects revenues in …
Technology Roundtable: Unconventional Oil
Russia is starting to develop its unconventional reserves with pilot projects and longer term plans in place. How do you see the current state of the unconventional sector in Russia and how quickly do you think full scale unconventional development in the region will take place? Weatherford: It is difficult …
Surgutneftegas Confirm Delegation for the UOR Technical Conference
Surgutneftegas have confirmed they will be sending a delegation to the UOR, Unconventional Oil Russia Technology Conference. Taking place in May 2014, the Unconventional Oil Russia Technical Conference, UOR, will become Russia’s leading forum on technology adoption and implementation for the development of unconventional, tight oil and shale oil plays. To visit the event site please click here
Bashneft: Confirm UOR Delegation
Bashneft have confirmed they will be sending a delegation to the UOR, Unconventional Oil Russia Technology Conference. Taking place in May 2014, the Unconventional Oil Russia Technical Conference, UOR, will become Russia’s leading forum on technology adoption and implementation for the development of unconventional, tight oil and shale oil plays. To visit the event site please click here
Total To Join Russian Shale Plays
French oil major Total has secured the rights to explore three hard-to-recover oil blocks in West Siberia, according to a statement on the website of the Russian region’s governor. Total will join other majors, ExxonMobil, Statoil and Royal Dutch Shell, to develop Russian shale oil, a key driver in Moscow’s …
Top Managers of TATNEFT Participated in the Meeting with the Minister of Natural Resources of the Russian Federation
Nail Maganov, General Director of JSC TATNEFT, participated in the working meeting held by Sergey Donskoy, Minster of Natural Resources and Environment of the Russian Federation. The event was also attended by Denis Khramov, Deputy Minister of Natural Resources and Environment, Rais Khisamov, Deputy General Director – Chief Geologist of …