Eurasia Journal News

Rosneft: Discovers Third Unique Field in the Kara Sea

Rosneft has discovered a new Arctic gas field with total reserves of 514 bcm of gas and 53 million tons. condensate as a result of prospecting and appraisal drilling at the Vostochno-Prinovozemelsky-2 license area in the Kara Sea. In accordance with the decision of the State Commission, the deposit is registered with …

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Eurasia Journal News

Rosneft: Discovers a New Unique Gas Field in the Kara Sea

The State Reserves Commission confirmed the discovery by Rosneft of a new Arctic gas field in the Kara Sea and recommended that FGU NPP Rosgeolfond put the field on state records in the author’s version with gas reserves of 800 billion m3. In honor of the 75th anniversary of the …

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Eurasia Journal News

Rosneft Board of Directors Approves 2015-2016 Business Plan

On December 18, Rosneft’s Board of Directors reviewed preliminary results of the Company’s performance in 2014 and approved the 2015-2016 plan. According to preliminary data, in 2014 the Company’s growth in reserves exceeded planned rates and is expected to reach over 450 million TOE. In particular, drilling of the world’s …

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Eurasia Journal News

Rosneft: Pobeda Has Recoverable Reserves of 130 mln tons of Oil and 499 bcm of Gas

State commission on reserves confirmed the fact of discovery of the new arctic oil and gas field Pobeda on the Kara sea shelf. The field was discovered as the result of the drilling of the northernmost well in the world – the Universitetskaya-1 well. The expert commission accepted the fact …

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Eurasia Journal News

Rosneft: Pobeda Oil Surpasses the Brent Oil and Siberian Light Quality Benchmarks

Research workers of the corporate TomskNIPIneft institute finalized the studies on the physical and chemical properties and composition of oil produced from the Universitetskaya-1 well drilled in the Kara Sea, which discovered a new arctic field named Pobeda. The results of the studies were presented to Rosneft Head Igor Sechin …

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Eurasia Journal News

Rosneft: 9M Results – Production Up 5%, Forex Hits Net Income, Dividend to be Paid

In 9M 2014, Rosneft produced 5.1 mmboed of hydrocarbons, which is 5.0% higher than in 9M 2013. The Company’s daily hydrocarbon production is in excess of 5 mln for the third quarter in a row. The Company’s daily production of oil and liquids stabilized at 4.2 mmbd. In September 2014, …

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Eurasia Journal NewsUncategorized

Rosneft Discovered a New Hydrocarbon Field in the Kara Sea

Rosneft successfully completed the drilling of the northernmost well in the world – the Universitetskaya-1 well in the Arctic. According to the results of the drilling Rosneft has made an oil discovery at the East-Prinovozemelskiy-1 license area. The drilling was completed in record-breaking time – in one and a half …

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