Eurasia Journal News

The Cabinet of Ministers Decided to Create Russian Legal Entities to Manage the Urengoy field

This was done in the framework of special economic measures. The Government of the Russian Federation decided to create Russian legal entities to manage the Urengoy field as part of special economic measures. This is stated in the resolution of the Cabinet, posted on the portal of legal information. The …

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Eurasia Journal News

Vladimir Putin Ordered to Deprive Wintershall and OMV of a Stake in Russian Assets

Putin signed decrees depriving Wintershall and OMV of their shares in two joint ventures with Gazprom. Putin ordered the creation of an LLC to manage the Yuzhno-Russkoye and sections of the Achimov deposits of the Urengoy oil and gas condensate field; SOGAZ and Gas Technologies are offered to acquire shares …

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Russia Upstream Magazine

ERIELL Group: Direction Drilling at the Urengoy Field – Drilling Smarter

The ERIELL Group  has worked at the Urengoy Oil and Gas Condensate Field since the beginning of 2013. The first wells drilled were not successful, however, after reviews and a radical replacement of drilling technologies the wells were delivered within half of the contracted times. The construction complexity of subhorizontal …

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