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| Sweeping Victory |
| 29/12/2008 |
OJSC “Surgutneftegas” has become a prize winner of the annual prize promoted by the Ministry of Natural Resources and Ecology of the Russian Federation as “The Best Environmental Project of the Year”
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Baker Hughes Holds Grand Opening of Phase II of Its Center for Technology Innovation (CTI) Located on a 14-acre campus in northwest Houston, the CTI consists of 209,000 sq-ft of research and engineering space
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TNK-BP Board Supports ’09 Business Plan In 2009, the company plans to produce 600 million barrels of oil equivalent for the year
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Gazprom, Schlumberger Sign Advanced Tech Agreement The agreement covers Gazprom fields in Russia as well as in other worldwide areas
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OAO LUKOIL Board of Directors Discusses Reserves Replenishment Measures and Industrial Safety In his speech at the meeting, Ravil Maganov, First Executive Vice President of OAO LUKOIL, stated that full compensation of liquid hydrocarbon extraction by reserves increment is one of the most important strategic objectives of the Company
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World Oil would like to congratulate the 2008 World Oil Awards Winners! The goal of the 2008 World Oil Awards is to applaud the innovations and innovators of the global upstream petroleum industry, demonstrating the technological feats that are the hallmark of our industry
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TNK-BP Receives Certificates of Compliance with International Standards These certificates confirm that the quality management systems, occupational health and industrial safety management systems, and ecological management systems of the oilfield enterprises of TNK-BP comply with the requirements of the international standards ISO 9000, OHSAS 18000, and ISO 14000, respectively
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OAO LUKOIL Board of Directors Approves Basic Indicators of LUKOIL Group Mid-term Plan for 2009-2011, Budget and Investment Program for 2009 In view of the crisis witnessed on the global financial markets and the trend for global economic downturn, the Company has taken measures to optimize the plans aimed at ensuring the Company’s own surplus funding
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Oil Service Companies Reiterate Long-Term Growth Outlook Major oilfield service companies are reaffirming their ability to increase profits over the long term, a rebuttal to a sharp sell-off in their shares
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Halliburton Closes Acquisition of Pinnacle Technologies Addition Provides Operators with an Unparalleled Real Time Stimulation Optimization and Reservoir Monitoring Offering
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StatoilHydro Boosts Dagny Discovery's Size The size of the Dagny discovery in the North Sea is being upgraded to contain between 130 and 170 million barrels of oil equivalent after drilling of a sidetrack well has been completed
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Rising to the challenge at Russian Oil and Gas 2008 The challenges facing the Russian oil industry today and the role that technology and new techniques will play are amongst the central issues to come under the spotlight at a major event taking place this October in Moscow
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6th International Practical Conference & Exhibition WELL CONSTRUCTION & SERVICING 2009 Oil&Gas Vertical Magazine is glad to inite you to take part in the 6th International Conference & Exhibition "WELL CONSTRUCTION & SERVICING 2009" to be held in Moscow, Russia in February 2009
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Smith International Names Yearwood CEO, COO Smith International, Inc. announced that John Yearwood, 48, will become Smith International, Inc.'s Chief Executive Officer, President and Chief Operating Officer on January 1, 2009
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BJ Services Wins North Sea Well Services Contract The contract calls for BJ Services to install multiple 2-3/8" chrome velocity strings using a variety of services, including coiled tubing (CT), fluid pumping and nitrogen
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StatoilHydro Makes Unconfirmed Gas Find at Njord Field StatoilHydro has announced that the drilling of an exploration well in the Noatun prospect 16 kilometers north of the Njord field in the Norwegian Sea has struck gas and condensate
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Press-release: Update August 2008. – Record Attendance confirmed for 9th Annual CT Conference in Tyuman The 9th Coiled Tubing and Well Intervention Conference will be held in Tyumen, September, 18-19. The Conference is traditionally arranged by the Coiled Tubing Times Journal in association with the Nonprofit Partnership “Coiled Tubing Technologies Development Center”.
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Gustav Path Includes More, Bigger Oil, Gas Gulf Platforms Tropical Storm Gustav will have more and bigger offshore energy targets to hit than the 2005 hurricanes did, should the storm stick to its projected path through the central Gulf of Mexico
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TNK-BP’s Head of Downstream Resigns Mr. Considine is leaving TNK-BP after 5 years heading TNK-BP’s refining, trading and marketing businesses, to pursue other opportunities
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Houston Energy Program Is Oilfield-101 to US Officials Abroad The little-known training program - which is jointly funded by the U.S. government and an oil-services trade group - provides a window into how rank-and-file U.S. officials interface with one of the most strategic sectors at a time when U.S. companies face challenges from resource-holding nations amid booming energy demand
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Monogram to Workover 3 Wells to Increase Production Monogram Energy's goal is to maintain a high risk/reward profile, thereby enabling them to return the most value to its shareholders
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Surperior Energy's Quarterly Revenues Ride High in Q2 The success is due to increases in demand for production-related services such as coiled tubing, electric line, etc.
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LUKOIL and PDVSA Sign Agreement on Joint Exploration of JUNIN-3 Block in Venezuela The Agreement will be effective for two years with a possibility of extension
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Venezuela, Belarus to Double Joint 20,000 B/D Output Venezuela's President Hugo Chavez said that Petroleos de Venezuela, or PdVSA, and Belarus' Belorusneft plan to double their joint production which now stands at 20,000 barrels of crude a day
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Board of Directors of LUKOIL Approves the Company's Manangement Committee Members The Board of Directors of OAO LUKOIL held a meeting today in Moscow to resolve a number of issues related to corporate governance
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Aker Grabs Qserv Shares, Boosts Well Service Business Aker Solutions has acquired the shares in Qserv Ltd., a leading provider of well, process and pipeline services in the North Sea and International markets
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Epi-V Supports Global Expansion of Norwegian Well Tool Firm Stavanger-based Petrotools AS develops and manufactures advanced coiled tubing, wireline intervention and drilling tools used in the well production process
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HALLIBURTON AUGMENTS CASING TECHNOLOGY OFFERINGS THROUGH ACQUISITION OF PROTECH CENTERFORM Protech Centerform is the world's only provider of casing centralization that uses a carbon fiber and ceramic composite compound applied directly to the casing, allowing for an enhanced cementing solution that can be engineered to any wellbore configuration
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ICoTA Intervention Technology Awards Baker Atlas has won an unprecedented second technology award from the Intervention & Coiled Tubing Association (ICoTA).
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PDVSA Eyes Drill Platform for Natural Gas Project Petroleos de Venezuela SA, or PdVSA, is looking into the possible purchase of a semi-submersible drilling platform for the Mariscal Sucre natural gas project
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Nymex Crude Breaches $130/Bbl Crude oil futures set new record highs in London trade Wednesday as front-month Nymex light, sweet crude futures breached $130 a barrel for the first time on record and ICE Brent crude oil front-month futures traded above $129 a barrel
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Engineering Modification of BP's facilities in Azerbaijan AMEC plc, the international engineering and project management company, has been awarded a five-year Engineering Modification Services (EMS) contract for BP in Azerbaijan
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Wildcat well 194 kilometers northeast of Nordkapp The Norwegian Petroleum Directorate has granted StatoilHydro a drilling permit for well 7226/2-1 in the Barents Sea.
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Russia - the world's largest oil producer of 2007 Last year, Russia was the world's largest oil producer ahead of Saudi Arabia. At roughly 9.84 million b/d, Russia produced almost a fourth of non-OPEC crude oil in 2007.
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Gulltopp sets world record Almost ten kilometres long and almost completely horizontal. Never before has StatoilHydro drilled a well as complicated as the Gulltopp well on the Gullfaks field
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STATOILHYDRO Awards HALLIBURTON and WELLDYNAMICS NORGE A.S. Nearly $900 Million in Contracts for Services on Norwegian Continental Shelf The contracts include provision of completion equipment and services, tubing conveyed perforating services and SmartWell® completion technology
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12th International Exhibition NEFTEGAZ 2008 (June 23-27) Equipment and Technologies for Oil and Gas Industries
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Sweeping Victory
OJSC “Surgutneftegas” has become a prize winner of the annual prize promoted by the Ministry of Natural
Resources and Ecology of the Russian Federation as “The Best Environmental Project
of the Year”.
The contest committee examined about 700 applications, and as a result 51 nominees
have become the laureates. The Company’s project on gas-turbine power plants construction
has been awarded the prize in the “Environmental protection Technologies” category.
The awarding ceremony was held on December 11th in Moscow. While greeting the
winners, the Minister of Natural Resources and Ecology of Russia Yuriy Trutnev
commented that the issues concerning the steady development, the reduction of
natural resources consumption, as well as the economic energy efficiency growth
are considered to be among the state priority targets.
“The prize founded by the Ministry of Natural Resources is a so-called ecological
certificate for enterprises. We have chosen those projects to be the best, under
which the best available technologies are already used”, emphasized the Minister.
“The fact that the Company’s project on gas-turbine power plants construction
has been acknowledged to be one of the best is quite natural. The problem of effective
associated petroleum gas utilization is a state paramount task for oil companies,
and we pay serious attention to its solution,” said Lubov Malyshkina, Environmental
Security and Management Division Head, OJSC “Surgutneftegas”, after the awarding
ceremony.
The use of associated petroleum gas as a source for power production is one of
the most effective ways of its utilization by virtue of the following reasons:
technogenic impact on considerable territories of the Company’s activity is getting
weaker - as the construction of multikilometre gas pipelines, compressor stations,
high-voltage power lines and substations is being ceased; pollutant emissions
released to the atmosphere , including greenhouse gases, are being reduced. The
operation of 17 running gas–turbine power plants of the Company provided a 46%
reduction of pollutant emissions in 2008. On the whole, the level of associated
petroleum gas utilization in our Company for the last years has amounted to 95%,
and this year the ratio is approaching to 96%.
We are glad that our activity in this sphere has been highly appreciated on the
state level. But it doesn’t mean we should be satisfied with the results achieved
– in prospect we’ve got much work to do in relation to the extension of this project
scale, as well as other environmental projects implementation leading to the regular
ecological safety improving and technogenic negative influence diminishing.
Open Joint Stock Company “Surgutneftegas” is one of the largest oil companies
in Russia.
Due to state-of-the-art technologies, including unique ones developed by the
company, OJSC “Surgutneftegas” has got capacity to constantly increase the productivity
of producing fields operation, as well as to put into commissioning hydrocarbon
reserves that prove unrecoverable if conventional technologies are applied. For
example, specialists of OJSC “Surgutneftegas” have designed a process scheme of
complex pools development. According to this scheme horizontal wells are drilled,
up to 90 horizontal wells are built annually; this rate has been kept since 1996.
The rate of flow of horizontal wells is 4-5 times higher than that of wells drilled
through application of conventional technologies.
The specialists of the company extensively apply EOR methods that account for
around 30. For example, the company enjoys a 99% success in hydraulic fracturing
operations that is one of the best rates in the industry; over 200 such operations
are carried out on an annual basis. |
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