The joint venture Khanty-Mansiysky Oil Alliance has received three licenses for geological prospecting in the Khanty-Mansiysky autonomous area (Yugra), Gazprom Neft deputy director Vadim Yakovlev has said.
In 2014, Gazprom Neft plans about 20% boost in drilling horizontal wells with multistage hydrofracturing, Vadim Yakovlev, First Deputy General Director of the company, said.
Russian oil major Gazprom Neft is interested in participating in projects in Mexico, the company’s First Deputy CEO Vadim Yakovlev told reporters on February 5, Prime has reported.
The decline in output from West Siberian oilfields is forcing oil producers to adopt different extraction methods.
WEB EXCLUSIVE, Moscow. Russia's current oil-tax system is hindering production of the country's low-permeability reservoirs, says IHS CERA's Thane Gustafson.