Government Orders Sale of Wintershall Dea and OMV Stakes in Severneftegazprom to SOGAZ
Russian Prime Minister Mikhail Mishustin has signed an order to sell stakes to SOGAZ in companies established to “Russify” the joint venture between Gazprom and Germany’s Wintershall Dea and Austria’s OMV for the development of the Yuzhno-Russkoye field. According to the published government resolution, based on SOGAZ’s application dated March …
Gazprom Group Began Oil Production at Block 6A of the Achimov Formations of the Urengoy Field
The first commercial oil inflow was ensured by four wells and two mobile oil treatment units. In the future, for the full-scale development of block 6A, more than 40 wells will be drilled and the existing field infrastructure will be utilised. The Achimov oil formations of the Urengoy field are …
Cumulative Gas Production at Semakovskoye Field Reaches 25 bcm
RusGazAlliance, a joint venture of Gazprom and RusGazDobycha, has produced more than 25 billion cubic metres of natural gas at the Semakovskoye gas field in the Yamalo-Nenets Autonomous Okrug (YNAO). This was reported by the company’s press service. RusGazAlliance, the operator of the field, reached this milestone within 39 months …
Novy Urengoy Drilling Company Paid 1.7 Billion Rubles in Debt and Avoided Bankruptcy
Within six months, NUBK repaid debts totaling 1.7 billion rubles. In the Yamalo-Nenets Autonomous Okrug, bankruptcy proceedings against one of the largest partners of Gazpromand Rosneft — the Novy Urengoy Drilling Company (NUBK) — have been completed. In September 2025, the company failed to pay taxes and penalties to the …
Region with the Largest Oil Reserves in Russia Identified
The leader in oil reserves in Russia is the Khanty-Mansi Autonomous Okrug – Yugra, which holds more than 11 billion tonnes of “black gold,” according to RIA Novosti, based on open data. In total, about 31 billion tonnes of explored and preliminarily estimated oil reserves are recorded in the country. …
Gas Production in the Russian Federation May Halve by 2040 Without Hard-to-Recover Reserves
Reserves, Including Offshore Fields, Gas Production in the Russian Federation May Decline by Nearly Half by 2040. Recoverable gas reserves are being depleted, and without the development of hard-to-recover reserves, including offshore fields, gas production in the Russian Federation could decrease by nearly fifty percent by 2040. This data was …
Rosneft Produced 131.3 Million Tons of Oil in the First Half of the Year
Rosneft‘s hydrocarbon production in the first half of the year amounted to 131.3 million tons of oil equivalent (5.362 million barrels per day), the company said. At the same time, the production of liquid hydrocarbons was recorded in the amount of 92.8 million tons (3.796 million b/d), gas – 46.8 …
Gazprom Neft Has Received Licenses for Three Sites in the South-East of Yamal
Gazprom Neft is starting to explore the Vostochno–Terel group of fields in the Yamalo–Nenets Autonomous Okrug – the company has received licenses for three sites that will become part of a large oil production cluster in the Yamalo-Nenets Autonomous Okrug, its message says. Gazpromneft–Noyabrskneftegaz will act as the operator of …
Gazprom Neft Expands Perspective Production Center in the South-East of Yamal
Gazprom Neft is starting to study the Vostochno–Terel group of fields in the Yamalo–Nenets Autonomous Okrug. The company has received licenses for three sites that will become part of a large oil production cluster in the Yamalo-Nenets Autonomous District. The Vostochno–Terel group of deposits includes the Yuzhno–Kypakynsky, Kutymsky and Yuzhno–Lensky …
Novoye Field Has Started Operating in Yamal-Nenets Autonomous Okrug
In this case, Novoye is also a name. Currently, there are 3 wells operating at the field, and by the end of the year, their number will more than triple. The area of the field is more than 370 square kilometers, and recoverable oil reserves in category C1 exceed 350 …