Eurasia Journal News

The Growth of Reserves of Public Joint Stock Company Surgutneftegas Fully Replaced Its Oil Production in the Year 2024

The growth of recoverable reserves of Public Joint Stock Company Surgutneftegas fully offset its hydrocarbon production in the year 2024, and the company has the same target for 2025, according to Vyacheslav Chirkov, Chief Geologist of the company, who spoke at a meeting of the Board of the Federal Agency …

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Eurasia Journal News

Surgutneftegas Increased Oil Production by 7.4 Percent in 2022

Surgutneftegas increased oil production by 7.4% last year to 59.6 million tons, the company said. “In the reporting year, oil production by Surgutneftegas PJSC amounted to 59.6 million tons, which is 7.4% higher than in 2021,” the company’s report says. It is noted that in 2022, Surgutneftegaz carried out more …

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Eurasia Journal News

It is Proposed to Expand the Classification of TRIZs (Unconventional)

Surgutneftegaz believes that the current system does not take into account current economic and geological conditions. The classification of hard-to-recover oil reserves needs to be expanded in legislation. Today, measures of state support for the development of HRDs cover an insignificant part of the “difficult” oil. This is stated in …

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Eurasia Journal News

GlobalData: Russia Plans to Commence 29 Natural Gas Projects by 2050

Russia has the highest number of key planned oil and gas projects in the Former Soviet Union (FSU), with a total of 29 oil and natural gas projects expected to start operations in the country by 2025, according to research and consulting firm GlobalData. The company’s latest report states that, …

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Eurasia Journal News

Surgutneftegas Reports Preliminary Operating Results for 2016

Over twelve months of 2016, OJSC “Surgutneftegas” produced 61,848.6 thousand tonnes of crude oil. Last year, crude output in the Republic of Sakha (Yakutia) equaled to 8,894 thousand tonnes, 5% up versus 2015. Over twelve months of 2016, gas production amounted to 9,663 million cubic meters. For the year to …

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Eurasia Journal News

Surgutneftegas: 10 Month Operating Figures

In January-October 2016, Surgutneftegas produced about 51,408.8 thousand tonnes of crude oil. For the year to date, crude output in the Republic of Sakha (Yakutia) equaled 7,396.5 thousand tonnes, 5.5% up versus ten months of the last year. In January-October 2016, gas production in Surgutneftegas amounted to 8,006.3 million cubic …

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Eurasia Journal News

Surgutneftegas: 10 Month Production Up 5.5% yoy

In January-October 2016, Surgutneftegas produced about 51,408.8 thousand tonnes of crude oil. For the year to date, crude output in the Republic of Sakha (Yakutia) equaled 7,396.5 thousand tonnes, 5.5% up versus ten months of the last year. In January-October 2016, gas production in Surgutneftegas amounted to 8,006.3 million cubic …

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Eurasia Journal News

Surgutneftegas: Operating Results for Five Months of the Current Year

In January-May 2016, Surgutneftegas produced 25.525 million tonnes of crude oil. For the year to date, crude output in the Republic of Sakha (Yakutia) equaled 3,593.7 thousand tonnes, 4% up versus five months of the last year. In January-May 2016, gas production in Surgutneftegas amounted to 4,099 million cubic meters. For …

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Eurasia Journal News

Surgutneftegas: Q1 Production Up 5% yoy

In January-March 2016, Surgutneftegas produced over 15,275.1 thousand tonnes of crude oil. For the year to date, crude output in the Republic of Sakha (Yakutia) equaled 2,135.5 thousand tonnes, 5% up versus three months of the last year. In January-March 2016, gas production in Surgutneftegas amounted to about 2,459.7 million …

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Eurasia Journal News

Surgutneftegas: January and February 2016 Production Up 5.8% yoy

In January-February 2016, Surgutneftegas produced 10,076.6 thousand tonnes of crude oil. For the year to date, crude output in the Republic of Sakha (Yakutia) equaled 1,407.7 thousand tonnes, 5.8% up versus first two months of the last year. In January-February 2016, gas production in Surgutneftegas amounted to about 1,621.3 million …

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