Rosneft Publishes Operating Results for Q3 and 9M 2018
Upstream Hydrocarbon production amounted to 72.4 mmtoe (5.83 mmboed) in Q3 2018 and 211.8 mmtoe (5.75 mmboed) in 9M 2018, exceeding the level of Q2 2018 and 9M 2017 by 3.3% and 0.5% respectively. EFFICIENT PRODUCTION RECOVERY RESULTING FROM OPEC+ LIMITATIONS EASING Q3 2018 AVERAGE DAILY HYDROCARBON PRODUCTION REACHED 5.83 MMBOE, DEMONSTRATING …
Rosneft: Delivers First Commercial Crude from the Erginsky Cluster
Rosneft started delivery of the first commercial crude oil from new Erginsky cluster to Transneft pipeline system. The Erginsky startup complex commissioning ceremony was attended by the the Prime Minister of the Russian Government Dmitry Medvedev and Rosneft Chief Executive Officer Igor Sechin. Erginsky cluster comprises Erginskoe, Zapadno Erginskoe, Kondinskoe, Chaprovskoe …
Rosneft: Operating Results for 9M 2017 – Production Up 9.7%
Rosneft’s hydrocarbon production reached 70.5 mmtoe in Q3 2017 (5.67 mmboed) and 210.8 mmtoe in 9M 2017 (5.72 mmboed). Growth was at 0.7% QoQ and at 9.3% YoY. 9M 2017 AVERAGE DAILY HYDROCARBON PRODUCTION ROSE BY 9.7% TO 5.72 MMBOEPD 9M 2017 LIQUIDS PRODUCTION INCREASED BY 11.0% YoY 9M 2017 …
Rosneft Q1 Figures: Debt Down and Gas Production Doubles
In Q1 2014 Rosneft’s crude oil and liquids production (including production of subsidiaries and proportionately consolidated entities, and the share in production by affiliates) reached 4,189 th. bpd (0.5% growth year-on-year), gas production reached a record-high level of 13.18 bcm (i.e. more than doubled). In Q1 2014 the Company was …
TNK-BP to Invest Over $40 Million in Varyoganneftegaz Pipelines Reconstruction
TNK-BP informs that the Company will invest over $40 mln in the implementation of the pipeline replacement program in Varyogannftegaz in 2013. The program includes replacement and reconstruction of more than 90 km of pipelines. TNK-BP takes continuous efforts to ensure pipeline infrastructure integrity; the comprehensive integrity program includes …
Varyoganneftegaz is Completing the Remediation of Legacy Polution
OJSC Varyoganneftegaz will remediate over 50 hectares of land in 2012, which is almost double the figure for 2011 and 10% above the plan. The remediation program will be expedited by a new disposal site for utilization of industrial waste (oil sludge) in the vicinity of Well Pad 21 at …
TNK-BP To Save $30m In 2012 By Implementing a Lean Production Program
TNK-BP reports that its pilot program of lean production based on the principles of Toyota Production System (TPS), has reaped an economic benefit of $12.8 mln based on the results of the past 9 months. The most important factor in TNK-BP sustainable development is its continuous improvements in efficiency. The …
TNK BP Invest 2bn Rb into Varyoganneftegaz – 40 Well Pads to be Constructed
OJSC Varyoganneftegaz (a TNK-BP group company) will invest over 2 billion rubles in 2012 into field infrastructure projects in West Siberia. The company will build around 109 new and overhaul another 100 existing facilities. The task for the builders this year is to construct 40 well pads to accommodate the …
TNK-BP to equip 35 percent of producers at Varyoganneftegaz with new generation tubing
According to TNK-BP, Varyoganneftegaz (a TNK-BP company) expects to have up to 35 percent of producers equipped with new generation tubing by the end of 2013 to increase production efficiency. New generation tubing and state-of-the art technologies for protecting tubes with a special type coating will help materially increase meantime …
Varyoganneftegaz to Perform Well Workover Program in 2012 to Increase Oil Production
Varyoganneftegaz (a member of the TNK-BP Group) will carry out a large-scale well workover program in 2012 with an effect of production growth by more than 1 mln tonnes, which is 25% higher than the same figure of 2011. The company plans to reactivate idle wells and improve active well …