Rosneft is Successfully Developing Exploration Drilling Program for 2014
Rosneft has succeeded at exploration drilling for 100 % up to the end of the first quarter of 2014. During the test for all exploration wells commercial inflows of hydrocarbons were obtained, which means the high efficiency of Exploration drilling program for the year 2014. The most important results were …
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 …
Rosneft: Financial and Production Figures Up Massively Due to Multiple Acquisitions
Hydrocarbon production (including production by fully and proportionally consolidated subsidiaries and share in production by affiliates) increased by 82.8% in H1 2013 and reached 4,804 th. boepd. H1 crude oil production reached 4,183 th. bpd, which represents a 73.5% increase Y-o-Y, while gas production more than doubled and reached 15.3 …
Rosneft: Vankor Field Produced 60 Millionth Ton of Oil Since Inception
The Vankor oil and gas field operated by Rosneft produced 60 millionth ton of oil since its kick off. The field commenced commercial operations in August 2009. Today, Vankorneft has an existing stock of 266 wells at 31 cluster sites, which yield more than 59,000 tons of oil per day. …
Cumulative production at Vankor reaches 15 million tons
Today Rosneft produced the 15-millionth ton of oil since the beginning of operation on Vankor field. The Vankor oil and gas field is located in the north of Krasnoyarsk Territory. Commercial oil production began in August 2009. 117 producing wells on 14 well pads deliver current daily production of 36,000 …