GAZPROM UP AGAIN
Gazpromneft-Khantos, a subsidiary of Gazprom Neft, produced a record high 13.7mn tons of oil last year, 7.5% more than in 2012 and 0.67mn tons more than expected, the company’s press service has said.
Thanks to more than 530 geological events conducted by Gazpromneft-Khantos, production was increased by 474,000 tons. The company conducted 896 fracs, almost 100 more than in 2012. It also used new approaches such as digital sectoral modelling with simultaneous analysis of seismic materials.
By the end of 2013, daily oil production rose almost by 2,000 tons of oil to 38.4 tons. The company also started long-term projects last year. In January 2013, the Yuzhno-Kinyaminskoye deposit in Surgut Distict was launched, and in April the company started a project on tight oil production, including shale oil and Palyanovskoye deposit.
More information here.
|March, 16, 10:40:00|
|March, 16, 10:35:00|
|March, 16, 10:30:00|
|March, 16, 10:25:00|
|March, 16, 10:20:00|
|March, 16, 10:15:00|
BLOOMBERG - While Europe as a whole gets more than a third of its gas from Russia, that share is lower in the U.K., which receives the bulk of its fuel from North Sea fields and Norway. Still, Moscow-based Gazprom PJSC was the second-biggest supplier to major industrial consumers in the U.K. last year, according to Britain’s energy regulator Ofgem.
FT - of the six LNG tankers that have made deliveries into the UK so far in 2018 three have carried cargoes originally from Russia, leading to questions about whether Moscow was gaining a foothold in the UK gas market after starting up the Yamal LNG facility in Siberia late last year.
REUTERS - So far this year, two Yamal cargoes unloaded at British terminals for domestic consumption, accounting for about a third of Britain’s 2018 LNG imports after typical supplier Qatar pre-sold the bulk of its winter output to Asia last year.
REUTERS - U.S. West Texas Intermediate (WTI) crude futures CLc1 were at $60.77 a barrel at 0753 GMT, up 6 cents, or 0.1 percent, from their previous settlement. Brent crude futures LCOc1 were at $64.62 per barrel, down just 2 cents from their last close.