Eurasia Journal News

Oil companies in Khanty-Mansi Autonomous Okrug incurred half a billion rubles in losses in the first quarter

Oil-producing companies of Yugra have lost over 600 million rubles since the beginning of the year, reports the Tyumenstat portal. “Net financial result of organizations: crude oil and natural gas production. [Loss] 619,558.5 million rubles. [Profit] 135.530 million,” Tyumenstat states. Earlier, URA.RU reported that an oil company went into the …

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Eurasia Journal News

Surgutneftegaz Reduced Oil Production by 4.8% in 2024

Surgutneftegaz reduced its oil production by 4.8% in 2024 to 53.7 million tonnes, and oil refining decreased by 1.1% to 17.5 million tonnes, according to the company’s materials. “In 2024, the company’s oil production amounted to 53.7 million tonnes, and gas production was 6.2 billion cubic meters,” the draft annual …

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Eurasia Journal News

Surgutneftegaz Increased Oil Reserves in 2024

The increase in oil reserves at Surgutneftegaz in 2024 amounted to 56.3 million tonnes, and oil resources rose by 19.1 million tonnes, according to the company’s annual report draft. “As a result of comprehensive work on resource development, PJSC Surgutneftegaz achieved an increase in oil reserves of 56.3 million tonnes …

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Eurasia Journal News

Surgutneftegaz in 2023 Obtained 56.4 Million Tons of Oil and 7 Billion Cubic Meters of Gas

The head of the company Vladimir Bogdanov reported that Surgutneftegaz is counting on the preservation of oil production in 2024 at 2023. Surgutneftegaz oil production in 2023 amounted to 56.4 million tons, and gas – 7 billion cubic meters, the company reports. “In 2023, the volume of oil production of …

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Eurasia Journal News

The Head Of Surgutneftegaz Predicted The Volume Of Oil Production In 2024

Surgutneftegaz’s oil production in 2024 will be at the same level as last year, company CEO Vladimir Bogdanov told reporters on the sidelines of the Ecology Day of the Russia exhibition and forum. “Like this (2023 – ed.),” he answered the question of what Surgutneftegaz’s production will be in 2024. …

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Russia Upstream Magazine

Is There Actually Oil in the Bazhenov Suite?

The article’s title may trigger a hefty dose of skepticism in many readers. due to the fact that the Bazhenov Suite is considered the largest oil reserve in Russia. The efforts taken to develop this reserve are about to bare fruit and the “mystery of the century” is about to …

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Conference and Exhibition News and UpdatesEurasia Journal News

RDCR & KDR 2020 – 6 Weeks Left!

Join us Online for a Combined RDCR & KDR on the 4th December 2020 With only 6 weeks left until the largest virtual gathering of Russian and Kazakh drilling and production specialists – check your agenda and make sure you have REGISTERED! In every crisis, there is opportunity. For one …

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Conference and Exhibition News and UpdatesEurasia Journal News

RDCR & KDR Combine and Go Virtual in 2020!

Join us Online for a Combined RDCR & KDR on the 4th December 2020 Due to the current worldwide travel restrictions, the organising committee will combine RDCR and KDR in 2020 to host what will be the largest virtual gathering of Russian and Kazakh drilling and production experts yet seen …

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Russia Upstream Magazine

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 …

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Uncategorized

RPI: ESPO Holding Back Production

Vadim Kravets In September 2013 the board of directors of Transneft approved the company’s investment program for 2014 and until 2018. The document sets out the scope of funding for the construction and upgrade of the existing pipelines. Specifically, the program calls for allocating over 100 billion rubles in order …

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