Drilling

Record average daily production rate reached at Verkhne-Shapshinskoye field of RussNeft

Record daily average level of hydrocarbon production was achieved at the Verkhne-Shapshinskoye field of the Khanty-Mansiysk branch of PJSC RussNeft. In January, it reached 5,680 tons.

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Subsidiaries of SOCAR and KazMunayGas sign agreement of trust management of self-lifting floating drilling rig

KMG Drilling & Services and Caspian Drilling Company Ltd have signed a contract of trust management of self-lifting floating drilling rig, KazMunayGas reports.

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Lukoil to invest in joint venture with Kazakhstan

Lukoil is close to signing a contract with KazMunayGas for development of the little-studied Zhenis block on the Kazakh shelf of the Caspian Sea.

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LLC RN-Yuganskneftegaz has produced 345 million tons of oil since the beginning of the development of the Pravdinsk region fields

Since the beginning of the development of the Pravdinsk region, RN-Yuganskneftegaz has extracted 345 million tons of oil from its fields.

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60 wells for gas extraction to be built at Chayanda before the end of the year

Before the end of 2019, specialists of Gazprom Dobycha Noyabrsk (part of Gazprom) plan to conduct gas production from 150 wells at the Chayandinskoye oil and gas condensate field in the Republic of

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Drilling of first production well at Absheron field in Caspian Sea to be completed in Q3 2019 - SOCAR head

Drilling of the first production well ABD-001 at the Absheron field in the Azerbaijani sector of the Caspian Sea will be completed in the third quarter of 2019, Rovnag Abdullayev, president of SOCA

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SOCAR expects production of first products at Karabakh filed in Caspian Sea in 2020-2021

Extraction of the first hydrocarbon raw materials from the Karabakh field in the Azerbaijani sector of the Caspian Sea is expected in 2020-2021, president of SOCAR Rovnag Abdullayev reports.

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In January, Transneft increased oil production by 3.9% to 2.5 mln tons

In January 2019, oil production of Tatneft Group amounted to 2.54 million tons, which is by 3.9% more than in the same period last year, the company reports.

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BP to drill 6 exploration wells in Azerbaijan in 2019-2020

In 2019-2020, BP plans to drill six new exploration wells in Azerbaijan. Four wells will be drilled in 2019, two – in 2020.

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Schlumberger not to buy EDC

The American Schlumberger, which tried to buy the Russian oilfield service company Eurasia Drilling Company (EDC) the second time, has refused the deal.

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