Drilling

Friedman's DEA buys Mexico's leading independent oil company

Mexico's leading independent oil and gas company will be purchased by DEA Deutsche Erdoel AG, owned by LetterOne of the Russian businessman Mikhail Friedman.

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Yangpur increases daily production at Izvestinskoye field by almost a third

Well № 859 has been launched at the Izvestinskoye field. Its depth is 4 180 meters. The well was built by brigade of Belorusneft-Sibir on a mobile rig ARS-200.

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LUKOIL applies new well construction technology in Western Siberia

LUKOIL-Western Siberia LLC (a 100% subsidiary of PJSC LUKOIL) obtained positive results from the use of a new three-column design method for drilling wells with a horizontal end.

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Lukoil’s loss from termination of drilling on Eastern Taimyr estimated at 5 bln rubles

Lukoil has estimated the loss from depreciation of assets in exploration and production sector of the company at 5 billion rubles.

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Gazpromneft-Orenburg puts high-tech well into operation

Gazpromneft-Orenburg commissioned the first high-tech well, built using the technology of multi-storey drilling.

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Rosgeologiya to be helped in replacing obsolete rig fleet

Rosgeologiya will receive funds from the Russian government for modernization of its outdated fleet of drilling equipment.

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Federal Agency on Subsoil Usage is ready to extend Gazprom’s license on shelf of Western Kamchatka

The Federal Agency on Subsoil Usage is ready to extend license for the West-Kamchatksky site for Gazprom if the company decides to continue geological exploration, but prospects for development of

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Almost 900 bln rubles to be invested into geological exploration on shelf

In the period from 2016 to 2025, Russian subsoil users will invest 876.18 billion rubles in prospecting, evaluation and geological exploration in all areas of the seas.

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Lukoil starts developing its new block on Mexican shelf

National Commission on Hydrocarbons of Mexico has approved five drilling plans for 2019 submitted by foreign offshore operators. One of these plans belongs to Russian Lukoil.

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Rosneft increases operational drilling by 4.5% to 9.2 mln meters

In January-September, Rosneft increased production drilling by 4.5% compared to the same period in 2017. This is stated in the message of the company.

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