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Gazprom Neft has acquired additional licenses for geological prospecting, exploration and development at the Yuilsky-3, Lyaminskiy-6 and Severo-Ityakhskiy-1 Blocks, all of which are in the Khanty- Mansiysk Autonomous Okrug. The Yuilsky-3 Block, in the Khanty-Mansiyskiy district, covers an area of 895.7 km2. Forecast recoverable reserves are estimated at 26.5 million…
New editions of API’s hydraulic fracturing standards provide the latest technical direction for operators working to continuously improve well integrity, groundwater protection and environmental safety. Last updated in 2011, API’s standards for shale development have worked alongside robust state regulations to ensure safe and responsible energy development with hydraulic fracturing…
Rigs targeting oil in the U.S. fell by 9 to 605, adding to the 61 sidelined in the previous five weeks and extending a five-year low, Baker Hughes Inc. said on its website Friday. Rigs put aside in the Permian basin in West Texas led the decline. "We were expecting…
The vote was welcomed by industry groups and representatives, but critics branded it a “piece of meaningless political theater.” In Friday’s vote, 26 Democrats joined 235 Republicans to support the legislation, which passed by a vote of 261-159. The legislation’s prospects in the Senate are less certain, and the White…
The jury has just announced the results of the first ARGOS Challenge competition, held in southwestern France in June. The goal of the Challenge is to develop an autonomous robot that can move around our oil and gas production sites, to strengthen the safety of our teams. During the competition,…
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