Eurasia Journal News

LUKOIL: Completes Reserves Estimate as of the End of 2021

PJSC “LUKOIL” announced today the results of the reserves assessment and independent audit as of December 31, 2021. According to the SEC classification, the Company’s proved hydrocarbon reserves totaled 15.3 billion barrels of oil equivalent. The Company’s proved hydrocarbon reserve life is 19 years. The share of liquids in proved …

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Eurasia Journal News

Two Billion Tonnes of Oil Produced at Lukoil’s Fields in West Siberia

LUKOIL produced today the 2-billionth tonne of oil since the beginning of commercial development of West Siberian fields. This milestone event took place on the cusp of the Company’s 30th anniversary. The first billionth tonne of oil was produced in the region in 1999. Nowadays, LUKOIL operates at 120 licence …

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Russia Upstream Magazine

Gazprom Neft: Achimov Strata Regional Model Used as a Tool for Building a New Geological Exploration Option Portfolio in West Siberia

Introduction The West Siberia (WS) resource base needs to be replenished to maintain the current development indicators. The reserves associated with the classic structural traps have been identified and mapped as part of the major horizons developed across the WS area. The resource base replenishment from these reserves is ineffective …

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Russia Upstream Magazine

Exploring the Resource Potential of the Pre-Jurassic Sedimentary Complex in the West Siberia (Part 2 – Development of the Pre-Jurassic Complex)

Perspectives of the Development of the Basement Rock HC Deposits and Forming a Unified Concept Considerable amounts of hydrocarbons are accumulated in productive basement sedimentary rocks which makes them attractive development propects during the current trend of reserves deterioration. However, in spite of the considerable potential of the productive horizons …

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Eurasia Journal News

LUKOIL Increases Production at Imilorskoye Field in West Siberia

LUKOIL‘s cumulative oil output at the Imilorskoye field in the Khanty-Mansi Autonomous District has exceeded five million tonnes since the start of its pilot commercial operation in 2014. In 2020, the field’s production increased by over 20%, when compared to the 2019 results. The field is currently in active development …

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Russia Upstream Magazine

Exploring the Resource Potential of the Pre-Jurassic Sedimentary Complex in the West Siberia

(Part 1 – Geology of the Pre-Jurassic Complex) Geology of the Pre-Jurassic Complex The Global Abundance of the Fields Associated with Platform Basement Rocks As the level of knowledge about deposits in the Jurassic-Cretaceous depositary complex in the Northwestern Siberia grows, while the addition of reserves declines, geologists turn more …

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Uncategorized

ERIELL Group Once Again Broke Its Own Record In the West Siberia’s ARCTICGAZ Project

ERIELL Group has achieved a new record level in the ARCTICGAZ project having drilled a 1,117 m-long horizontal borehole through the productive horizon with a total penetration of 5,202 m. It is one of eight most-complex subhorizontal wells that ERIELL has drilled in the Achimov horizons. Previously no other drilling company managed to drill a horizontal borehole longer than 800 m under the set …

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Uncategorized

Exillon Energy: Daily Production Up and On Course to Beat Targets

Exillon Energy plc, a London Premium listed independent oil producer with assets in two oil-rich regions of Russia, Timan-Pechora and West Siberia, today issues an interim management statement and drilling update. Highlights ·      Average daily production increased to 16,643bpd in Q3 from 15,737bpd in Q2.  Peak daily production reached 17,719 …

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Uncategorized

Carbo Ceramics: CARBORosLite Used In Frac Jobs In Western Siberia

A major Russian Operator in Western Siberia pumped CARBO Ceramics’ new, Russian made light weight proppant CARBORosLite on a number of frac operations. The product is specially designed to target pressure sensitive formations like the “Ryabchek”, AB1 (1-2). Due to the unique low density of CARBORosLite, the gel and breaker …

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Uncategorized

TNGG: Structure and Stratification of Triassic-Jurassic Formations in the Northern Part of Western Siberia: Part 2

A.A. Nezhdanov, V.V. Ogibenin, M.V. Melnikova, A.S. Smirnov, LLC “TyumenNIIgiprogaz” FOR PART ONE PLEASE CLICK HERE The transition from the well data to the seismic data requires obtaining the information about the seismic wave’s distribution speed in the deep horizons of the mantle. Due to the anomalously high formation pressure …

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