Oil & Gas Production: Russia

GLOBAL E&P

Oil and gas production from the world's deepwater fields will grow by 7.7% annually over the next seven years according to analyst Douglas Westwood, reaching 10.2 MMboe/d in 2021.

Fugro equipment monitoring Sakhalin platform integrity

Fugro has supplied a structural monitoring system to Exxon Neftegas, operator of the Sakhalin-1 consortium.

Russian majors sign Caspian gas accord

Gazprom has signed a contract under which Lukoil will supply gas from its fields in the northern Caspian Sea until 2024.

Rosneft reaches oil production milestone at Chayvo offshore eastern Russia

Rosneft has produced the one-millionth ton of crude oil from the northern tip of the Chayvo field offshore Sakhalin Island.

Turkey takes more gas via Black Sea pipeline

Gazprom says it exported 5.4 bcm (190 bcf) of gas to Turkey via the Blue Stream pipeline in the Black Sea during the first four months of 2015.

Arctic E&P activity on the rise

The potential of the offshore Arctic oil and gas market is substantial. While energy analyst Infield Systems suggests the region holds 136.6 Bboe in discovered offshore reserves, a United States Geological Survey report claims there could be another 346 Bboe left undiscovered.

Sakhalin-1 partners claim new drilling record at Chayvo

Rosneft says the Sakhalin-1 Consortium has drilled the world’s longest well to date at the Chayvo field offshore Sakhalin Island.

ExxonMobil starts production at Arkutun-Dagi field offshore Sakhalin

ExxonMobil has started light oil production from the Sakhalin-1 project’s Arkutun-Dagi field offshore eastern Russia. This is the last of the three fields to be developed in the concession – the location is 25 km (16 mi) off the northeast coast of Sakhalin Island.

Lukoil orders Tendeka control equipment for Caspian Sea wells

Lukoil-Nizhnevolzhskneft has contracted Tendeka to supply autonomous inflow control devices (AICDs) for deployment in horizontal wells at the Yuri Korchagin oil field in the North Caspian Sea.

First oil shipment leaves northern Chayvo offshore Sakhalin

Rosneft has started to ship crude oil extracted at the northern tip of the Chayvo license offshore Sakhalin Island. 

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