NIDC Drilled 27 Oil and Gas Wells in 100 days
The National Iranian Drilling Company (NIDC) has dug and completed 27 oil and gas wells during the first 100 days of the current Iranian calendar year (March 21 to June 30), the company’s managing director said. According to Hamidreza Golpayegani, the drilled wells consisted of two production and 25 capital …
Integra Group Interim Management Statement and Financial Highlights for the 9M 2013
Integra Group (LSE: INTE) released today its Interim Management Statement and unaudited financial highlights for the nine months period ended September 30, 2013. The financial data are based on management assessment only and have not been reviewed by external auditors. 9M 2013 Financial Highlights · Sales decreased by 9.3% to US$ 418.2 …
Eriell Group Drills 29 Additional Wells for Achimgaz
ERIELL Group started drilling 29 additional wells in the Urengoi Oil and Gas Condensate Field, within the framework of a new agreement with CJSC Achimgaz. ERIELL Group is the general contractor and provides the services on a turnkey basis. The agreement includes the construction of directional production S-shaped wells in …
Tatneft: Figures Demonstrating Results of Operations in December 2012 and since the Beginning of the Year
Crude Oil Production The amount of 2,206,902 tons of crude oil was produced at the JSC TATNEFT in December or 100.2% versus December 2011. The amount of 26,005,104 tons of crude oil was produced during twelve months, which was 76,609 tons more than in 2011 (100.3%) with the above-the-plan production …
Schlumberger Launches New Intelligent Wireline Intervention Services
Schlumberger today launched ReSOLVE* instrumented wireline intervention service, a modular system of intelligent wireline-deployed services that provides real-time measurement and control in a small footprint. “The downhole intelligence of ReSOLVE services enables our customers to see intervention operations at a level of detail not previously possible,” said Catherine MacGregor, president, …
Condor Petroleum Inc. provides update on its Shoba 7 Appraisal Well
Condor Petroleum Inc. provides an update on its Shoba 7 appraisal well (the “Well”) at the Zharkamys West 1 Contract Territory (the “Zharkamys Territory”) in Kazakhstan. The Well was drilled to core point at 730 meters. While tripping out of the hole for core barrels, an uncontrolled gas influx occurred in the …
TNK-BP to Cut Cost of Drilling 50 Wells in Orenburg through Technical Skills Enhancement Program
Orenburgneft (part of the TNK-BP Group of Companies) has improved the efficiency of its well drilling operations by cutting $15 mln off drilling costs since 2010 through a skills enhancement program for technical specialists. TNK-BP is implementing an extensive program of further training for its technical staff. By continuously improving …
Caspian Energy Inc: Caspian Spuds Follow-Up Well
Subsequent to previous development success, Caspian Energy Inc. (“Caspian”) and partners have initiated drilling of a fifth well, well #306, in the East Zhagabulak field of west-central Kazakhstan. The contract for production of hydrocarbons at the East Zhagabulak field in the Aktobe Oblast is valid for a 24 year period …
Gazprom Neft Starts Work on Third Well at the Badra Field in Iraq
Gazprom Neft has started work to reactivate well Bd1 at Badra, Iraq, where it is operator. The work will make it possible to determine the technical state of the well and subsequently test four productive stratas at the site. This is the third well at Badra that Gazprom Neft has …
Tethys Petroleum on Radial Drilling Technology Case History: North Urtabulak
Enhanced oil recovery from a mature field in the Republic of Uzbekistan The effectiveness of radial drilling technology has long been a contentious issue within our industry, and it was into this climate of controversy that Tethys Petroleum Limited in 2010 embarked upon a campaign of radial drilling to enhance …