Orenburgneft Replenished Hydrocarbon Reserves By 168% In 2023
The Orenburgneft company, which is part of the oil-producing asset of Rosneft, replenished reserves by 168% in 2023. The company’s employees discovered one new oil field and 19 new deposits within existing fields. The total increase in recoverable reserves at the end of the year amounted to more than 16 …
Gazprom Neft Orenburg: Wins Yagodny License Area, Including the Zemlyanskoye Field
Gazprom Neft Orenburg has been announced as the winner in a recent auction for geological prospecting and E&P rights to the Yagodny licence area in the Orenburg Oblast. Covering 500 square kilometres in total, the licence area includes the Zemlyanskoye field, originally discovered in 1978. Drilling of exploration and prospecting wells, as well as 2D and 3D seismic works, had previously been …