Gazprom Neft: Completes Testing of Priobskoye Directional Wells
Gazprom Neft has completed testing of four directional wells (drilled to investigate reserves within the Bazhenov formation) at its concession within the southern area of the Priobskoye field (Khanty Mansiysk Autonomous Region). The results obtained have allowed the resolution of the key issue underpinning the first stage of this project: confirming the existence of live oil within …
RN-Nyaganneftegaz: 35 Years of Commercial Operations at the Krasnoleninsk Field
RN-Nyaganneftegaz, subsidiary of Rosneft, celebrates 35 years of commercial operation of the Krasnoleninsk field. During this period over 180 million tons of oil were produced, more than 120 million of them were produced on Talinskiy block of the Krasnoleninsk field. According to its features the produced oil refers to Urals …
Tight Oil Developments in Russia: Part 2
James Henderson The Oxford Institute for Energy Studies Click here to read part 1 3. Corporate Activity in Russia’s Tight Oil Reservoirs Rosneft As befits Russia’s National Oil Company, Rosneft has taken the leading role in the development of the country’s tight oil reserves, in particular since the announcement of …
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
Tight Oil Developments in Russia
James Henderson : The Oxford Institute for Energy Studies Part 1, click here to read part 2 Introduction Production of unconventional oil has transformed the US energy landscape, creating the potential for that country to reduce its reliance on oil imports and to contribute to the possibility of North America’s …
Rosneft and ExxonMobil Complete JV Formation to Develop Tight Oil Reserves in Western Siberia
Rosneft and ExxonMobil today signed documents establishing a joint venture to implement a pilot project for tight oil reserves development in Western Siberia as part of the implementation of the agreement on strategic cooperation. Rosneft will hold 51 percent interest and ExxonMobil will hold 49 percent interest in this project. …
1st Unconventional Oil Russia Technology Conference, 14th May 2014, Moscow
TMG Worldwide is proud to announce the official launch of the 1st UOR, Unconventional Oil Russia Technology Conference. Taking place on the 14th May 2014 in Moscow, the UOR will become Russia’s leading forum on technology adoption and implementation for the development of unconventional, tight and shale oil plays. The event will focus on the drilling and …
The ROGTEC Interview Thomas Reed, CEO of Ruspetro
Thomas Reed, CEO of Ruspetro and a founding shareholder. Prior to joining the Group Mr Reed was a private equity and M&A advisor and investor based in Moscow. Since 1995 he has been involved in the origination, trading, and research of different classes of assets, such as equity and equity …
Ruspetro: Signs Tight Oil Technology Partnership with Schlumberger
Ruspetro plc today announces that the Company has signed a technical partnership agreement with Schlumberger, the world’s leading oilfield services company, to advance its field development plan and drill a number of horizontal, multistage fractured wells using best-in-class tight oil technology and technical expertise. The technical partnership covers the following …
Ruspetro: MET Relief for Tight Oil Becomes Law, 80% Tax Relief on Tight Oil Reserves
Ruspetro plc announces that a substantial reduction in the Russian Mineral Extraction Tax applicable to tight oil has been passed into law this week and will be applied to production from the Company’s qualifying reserves from 1 September 2013. 80% MET relief: Due to the characteristics of our reservoirs, the …