The 25 millionth Ton of Oil was Produced at the Messoyakha Project
The cumulative production of Messoyakhaneftegaz, a joint venture between Rosneft and Gazprom Neft, has exceeded 25 million tons of oil since the start of the development of the Vostochno-Messoyakhskoye field. Currently, about 500 production wells in the licensed area provide a daily production of 18 thousand tons of oil equivalent. In …
Digital Twin Will Increase the Efficiency of the Vostochno-Messoyakhskoye Field Development
Specialists from Messoyakhaneftegaz, a joint venture between Gazprom Neft and NK Rosneft, have created a digital twin of the Vostochno-Messoyakhskoye field. A unified digital model of the Arctic oil field – the northernmost on the Russian land – united the modules that are responsible for specific production stages: development, production, treatment …
Arctic Oil in the Total Production of Gazprom Neft Exceeds 30%
In 2020, Gazprom Neft has maintained the pace of development in the Arctic. Production at fields beyond the Arctic Circle accounted for 31% of the company’s total hydrocarbon volume. The company’s largest Arctic asset is the Novoportovskoye field on the Yamal Peninsula. Here, in 2020, 14.87 million tons of oil equivalent were …
Gazprom Neft Deploys Unmanned Technologies in the Arctic
Unmanned trucks have undergone successful testing at the Vostochno-Messoyakhskoye field in the Gydan Peninsula in the Yamalo-Nenets Autonomous Okrug (YNAO). This joint Gazprom Neft—Kamaz project has been implemented under the challenging natural and climatic conditions of the Arctic, with the support of the Government of the YNAO. The main objective of these tests is to confirm the potential effectiveness …
Gazprom Neft’s Net Profit Exceeds RUB400 Billion in 2019
Net profit of RUB400.2 billion for FY2019, a 6.2% increase year-on-year Adjusted EBITDA* maintained at 2018 level, at RUB795.1 billion Net debt-to-EBITDA ratio of 0.7 at year-end Gazprom Neft (the “Company”) today announces its IFRS consolidated financial statements for the 12 months ended 31 December 2019 (FY2019). In 2019, revenue totalled RUB2.485 trillion, maintaining the 2018 level. Adjusted EBITDA remained stable, at RUB795.1 billion — the negative …
New High-Strength “Fishbone” Well Built at Gazprom Neft’s Vostochno-Messoyakhskoye Field
Messoyakhaneftegaz has successfully completed construction of a new high-tech horizontal well at the Vostochno-Messoyakhskoye field — the Drilling Difficulty Index (DDI) of this well being among the highest in the industry. The well is of “fishbone” construction,* with eight side-tracks. This technology means as many disparate areas as possible of the main productive strata at this Arctic field can be brought into production, increasing …