Eurasia Journal News

East Siberian Oil and Gas Company: Begins Development of the Yurubcheno-Tokhomskoye field

The East Siberian Oil and Gas Company (part of Rosneft) drilled the first production well in the Vendian deposits of the Yurubcheno-Tokhomskoye field in the Evenki municipal district of the Krasnoyarsk Territory. The layers of the Vendian deposits lie on the surface of the most ancient productive Riphean deposits on …

READ MORE →
Eurasia Journal NewsEurasia Journal News

East-Siberian Oil and Gas Company: Produces 1 Millionth Ton at Yurubcheno Tokhomskoye

The East-Siberian Oil and Gas Company, a subsidiary of “Rosneft”, produced the millionth ton of oil since the beginning of the development of the Yurubcheno Tokhomskoye field – one of the largest in the Krasnoyarsk Territory. At the end of 2016, the field began outstripping the supply of oil in …

READ MORE →
Russia Upstream Magazine

RPI: Difficult Times Ahead

Early in February 2016, the Central Dispatch Administration of Fuel and Energy Complex (CDAFEC) published official statistical data confirming the estimates of industry experts, who last autumn predicted a 3-4% decline in production in Western Siberia in 2015. This has affected virtually all vertically integrated oil companies in this traditional …

READ MORE →
Uncategorized

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 …

READ MORE →
Uncategorized

Rosneft’s Yurubcheno-Tokhomskoye Oilfield in Eastern Siberia Delayed to 2017

Rosneft plans to start production at its Yurubcheno-Tokhomskoye oilfield in eastern Siberia in 2017, the company said on Tuesday, another delay for a field key to Russia’s efforts to at least keep oil production at current levels. Rosneft, Russia’s biggest oil company and the world’s largest listed producer by output, said Yurubcheno-Tokhomskoye …

READ MORE →