Which Russian Oil Companies Have the Most Increase in the Number of Idle Wells
The number of idle oil wells has increased in Russia. According to Bloomberg, their share rose to 18.1% in March from 15.6% in February, the largest since May 2022, when the Russian Federation carried out short-term production cuts amid the first waves of international energy sanctions. Bashneft and Slavneft announced …
Slavneft Reports Data of the Financial Statements Under IFRS for Q3 and 9 Months of 2018
SLAVNEFT reports the consolidated data of the Financial Statements prepared in accordance with the International Financial Reporting Standards (IFRS) for Quarter 3 and 9 months of 2018. Key Financial Indicators (in mln of Russian rubles) Q3 2018 Q3 2017 9 months 2018 9 months 2017 Revenue Operating expenses Taxes except …
Cubility Announces First Russian MudCube Deployment With Slavneft Contract
Cubility AS, a leading provider of solids control solutions, has announced a multi-million dollar contract to supply its MudCube® solution to Russian operator Slavneft and its OOO Baikit Oil & Gas Exploratory Expedition (OOO BNGRE) subsidiary. OOO BNGRE is responsible for exploration, drilling and production in the Krasnoyarsk region in Central and …
Slavneft-Megionneftegaz: Integrated Model Building for the Upper Jurassic J1 Reservoir
Introduction The key factor in successfully drilling a production well is an accurate geological structure prediction for a producing formation. Currently, new well drilling data often disproves the existing formation models, which undermines the oil and gas reservoir production performance. Local heterogeneity identified through drilling and detailing of the reservoir …
Slavneft: AGM Results
The Annual General Meeting of Open Joint-Stock Oil and Gas Company Slavneft’s (OAO NGK Slavneft’s) Shareholders was held in Moscow on June 30, 2015. The Company’s 2014 Annual Report and Financial Statements, including the Profit and Loss Statement, were approved at the Meeting. The shareholders resolved not to distribute the …
Slavneft: Appoint Mikhail Osipov as President
At the meeting on June 29, 2015, the Slavneft Board of Directors passed the resolution to terminate the powers of Yuri Sukhanov, the Company’s President. Mikhail Osipov, who had held the position of the Company’s Vice President for Upstream before, was appointed to be the new President of Slavneft for …
Slavneft: Yuri Sukhanov Stepping Down as President
Yuri Sukhanov, who has managed OAO NGK Slavneft for more than 13 years, is stepping down from the post of the Company’s President. In accordance with the effective corporate procedures, at the meeting held on June 15, 2015, the Staff and Remunerations Committee (advisory committee of the Company’s Board of …
Russian Drilling Market: A Paradigm Shift
In all likelihood, the year 2014 will go down on record as a turning point for the Russian drilling market. New trends have been seen on this market for the first time in several years, i.e. a decline in the scope of total drilling instead of growth that was recorded …
Annual General Meeting of Slavneft’s Shareholders
The Annual General Meeting of Open Joint-Stock Oil and Gas Company Slavneft’s (hereinafter referred to as OAO NGK Slavneft) Shareholders was held in Moscow on June 30, 2014. The Company’s 2013 Annual Report and Financial Statements, including the Profit and Loss Statement, were approved at the Meeting. The shareholders resolved to …
Annual General Meeting of Obneftegazgeologia’s Shareholders
The Annual General Meeting of Open Joint-Stock Company Obneftegazgeologia’s (hereinafter referred to as OAO ONGG) Shareholders was held on June 25, 2014. The Subsidiary’s 2013 Annual Report and Financial Statements, including the Profit and Loss Statement, were approved at the Meeting. The shareholders didn’t pass the resolution about payment of …