You are visiting globalshift.co.uk - copyright © 2009 to 2017   All rights reserved                                                                                       Home |  Terms of use  |  Datafiles  |  Contact us  |  Register

Globalshift Limited - admin@globalshift.co.uk                                                                                 Globalshift.co.uk is as up-to-date as possible but some information may not be the most recent available

Contact Us | Register

Home

NORTH AMERICA  |  LATIN AMERICA  |  EUROPE  |  AFRICA  |  MIDDLE EAST  |  ASIA-PACIFIC  |  GLOBAL REGIONS  |  ALL

E & P News

2017

Apr 2017: Lukoil has produced over 14 million barrels of oil at the Vladimir Filanovsky field in the Caspian Sea through 4 horizontal wells on a fixed ice-resistant platform. The fifth well is currently being drilled. Facilities for Phase 2 should be completed by the end of 2017.

Mar 2017: Gazprom has postponed the launch of its Baltic LNG plant in the Leningrad region until 2023 from 2021.

Jan 2017: Gazprom Neft has commissioned two new production wells at the Prirazlomnoye field, bringing the number of wells in operation at the platform to 6 production wells, 2 injection wells and 1 absorption well.

2016

Oct 2016: Lukoil announced production at the Vladimir Filanovsky field in the Caspian Sea 220 kms south of Astrakhan in water depths from 7 to 11m. The field, discovered in 2005, is Lukoil’s second in the Russian sector of the Caspian Sea. Two horizontal production wells have been drilled to date yielding 45,000 bbls of oil per day fed into the CPC for export, plus associated gas.

Sep 2016: Vostochno-Messoyakhsky, Russia’s northernmost active oil field, has entered commercial production. It is located in the Gydan Peninsula within the Yamal-Nenets Autonomous Area. The project includes 50 wells and a 98 km pipeline connected to the Arctic Circle – Purpe oil trunkline.

Sep 2016: An appraisal well drilled by Gazprom in the Yuzhno-Lunskaya structure in the Sakhalin III Kirinsky project has discovered gas and condensate. Gazprom is exploring 3 blocks; Kirinsky, Ayashsky and Vostochno-Odoptinsky. It has already found the Yuzhno-Kirinskoye and Mynginskoye fields in Kirinsky.

Jun 2016: Lukoil began development drilling at its Vladimir Filanovsky field in the Caspian Sea from an ice-resistant fixed platform (LSP-1). The water depth is around 10m with first commercial production scheduled for the second half of 2016.

Jan 2016: The Sakhalin II LNG project exceeded its design capacity of 10.8 mm tonnes  per year by 1.2 mm tonnes in 2015 as  the FEED of the 3rd train continues. Sakhalin Energy is the operator owned by Gazprom (50% + 1 share), Shell (27.5% -1 share), Mitsui (12.5%) and Mitsubishi (10%).

2015

Nov 2015: Novatek announced the start of commercial production at the Yarudeyskoye oil field. Thirty-six production wells have been drilled and infrastructure includes an oil treatment facility along with pipelines to the trunk systems. The field is owned by Yargeo, a joint venture between Novatek (51%) and Nefte Petroleum (49%).

Aug 2015: Gazprom Neft brought a second well into production at the Prirazlomnoye field, the first on the Russian Arctic Shelf. It began producing in December 2013 and will have 36 wells including 19 production wells, all drilled from an ice-resistant platform.  

Aug 2015: Lukoil has produced 5 mm tonnes (39 mm bbls) from the Yuri Korchagin field in the Caspian Sea. The field is located 180 kms  from Astrakhan in a water depth of 12 metres. It was dsicivered in 2000 and began producing in 2010.

May 2015: Total announced start-up of the onshore Termokarstovoye field in Yamalo Nenets District. The field will produce 2.4 bcm of gas a year and 20,000 bbls of condensate per day. It is operated by Terneftegas; a joint venture between Total (49%) and Novatek (49%).

May 2015: Lundin has secured a production license for the Morskaya field in the Caspian Sea.. The field is estimated to contain 157 mm bbls of oil  and is owned by LLC Petroresurs.(Lundin Petroleum, 70% and Gunvor Group, 30%). The company plans to begin appraisal work.

Apr 2015: Gazprom Neft plans to more than double oil output in 2015 at the Prirazlomnoye field, Russia's only Arctic offshore oil project. The company has also been exploring another Arctic offshore oilfield, Dolginskoye, where it drilled its fourth exploration well in 2014.

Apr 2015: Novatek announced that Arcticgas, a joint venture with Gazprom began production from the the Yaro-Yakhinskoye field; the third by Arcticgas. Thirty-seven gas condensate wells have been drilled and the field is expected to reach 7.7 bcm of gas per year  plus condensate.

Apr 2015: Gazprom says gas will start flowing to China in 2019 as planned but construction of the Power of Siberia pipeline carrying it will not be fully completed until 2022. Power of Siberia will start at 5 bcm ramping up to 38 bcm eventually (GS notes: we use 2020 for forecasts).

Feb 2015: Rosneft will not be resuming its Kara Sea operations in 2015. The company, in partnership with ExxonMobil, made an oil discovery at the Universitetskaya-1 well in 2014 before Exxon had to pull out of the project due to sanctions. Rosneft is reported to be resuming drilling in 2016.

Jan 2015: Exxon Mobil (operator, 30%) started oil production from the Arkutun-Dagi field off the NE coast of Sakhalin Island. The field, with Chayvo and Odoptu which began production in 2005 and 2010, will bring production at Sakhalin-1 to 200,000 bbls per day routed through the Chayvo onshore processing facility and delivered to the De-Kastri oil export terminal.

2014

Nov 2014: The Mikhail Ulyanov tanker has delivered a third shipment of Arctic oil (ARCO) from the Prirazlomnoye field in the Pechora Sea. Gazprom Neft Shelf is operator. The field’s fixed drilling platform is designed for operation in Arctic weather conditions. Just one production well is operational although several development wells will be drilled in 2015.

Sep 2014: Rosneft reports that large volumes  of oil and gas have been discovered at the Universitetskaya-1 well in the East-Prinovozemelskiy-1 license in the Kara Sea, drilled with the West Alpha semisub by ExxonMobil. It was earlier announced that drilling would stop due to sanctions over Ukraine.

Sep 2014: Gazprom has started construction of a 4,000 km pipeline (Power of Siberia) to send gas to China from 2019 and to Eastern Russia. Flows will start at 5 bcm a year ramping up to 38 bcm for China with a total capacity of 61 bcm. Gas will be sourced from the Chayanda field and subsequently the Kovykta field. CNPC will build the Chinese section of the pipeline.

Jul 2014: Lukoil began transporting the topside of the central processing platform (CPP) from Astrakhan to the Caspian Sea, where construction of field facilities is underway at the Vladimir Filanovsky field. The topsides of 4 platforms and the catwalk bridges are to be assembled during 2014. Production at the field is scheduled to begin in the end of 2015 or early in 2016.

Jun 2014: The Sakhalin-1 consortium, comprising Rosneft (20%), ExxonMobil (30%), Sodeco (30%) and ONGC (20%), have completed installation of the Berkut drilling platform at the Arkutun-Dagi field on the northeast shelf of Sakhalin Island in the Okhotsk Sea. The platform will have 45 wells, 25 kms from shore in a water depth of 35m. First production is expected in Dec 2014.

Jun 2014: Rosneft and Lukoil have started drilling at the Ribachya prospect in the North Caspian block of the Caspian Sea. The well will be drilled by the Astra jack-up by the project operator, Caspian Oil Company, established by Rosneft (49.892 %), Lukoil (49.892 %) and Gazprom (0.216 %).

Jun 2014: The GSP Saturn jack-up will drill an appraisal well at the Dolginskoye field for Gazprom in the Pechora Sea during the ice-free months of 2014. Drilling will continue in 2015 and 2016. The Dolginskoye oil field, discovered in 1999, lies 120 kms south of the Novaya Zemlya archipelago and 110 kms north of the mainland in 35 to 55m of water. Three exploration wells have already been drilled.

May 2014: Russia will supply 38 bcm of gas each year from Gazprom's East Siberian fields into China via the Power of Siberia pipeline from 2020. Gazprom’s exports to Europe reached 38 bcm by the mid-1980s and have since increased to over 150 bcm. Eight provinces in North East China, with a population roughly equal to that of Western Europe and very cold winters, will receive the gas.

Mar 2014: Rosneft will invest US$83 bn on developing the Vankor field cluster in East Siberia’s Krasnoyarsk region said to be capable of producing up to 1mm bbls per day by 2025. Rosneft acquired a license to develop Vankor in 2003 and started commercial output in 2009.

Feb 2014: Gazprom and Shell agreed to prepare FEED documentation for a third LNG train in the Sakhalin II project, operated by Sakhalin Energy and owned by Gazprom (50% plus one share), Shell (27.5% minus one share), Mitsui (12.5%) and Mitsubishi Corp (10%). This was Russia’s first LNG plant, commissioned in early 2009. A total of 10.8 mm tons of LNG and 5.4 mm tons of oil were produced in 2013.

Feb 2014: Gazprom Neft’s Novoportovskoye onshore Arctic field on the Yamal Peninsula is scheduled to commence commercial production at the beginning of 2016 and is planned to reach peak production of 110,000 bbls per day by 2018.

Jan 2014: The development of the Yuri S. Kuvykin gas condensate field in the North Caspian Sea is proceeding with pre-FEED studies for a drilling complex and living quarters designed for operation in ice conditions during winter months. It is being developed by LUKOIL, who operate two nearby fields, Filanovsky and Korchagin.

2013

Dec 2013: Russia's first Arctic offshore field, Prirazlomnoye, has started production of oil, reports Gazprom. The project is almost a decade behind its initial schedule.  Gazprom Neft now expects initial production at 12,000 bbls per day in 2014 with a plateau of 120,000 bbls per day in 2021. Overall investment is put at US$6 billion.

Nov 2013: Lukoil has completed installation of the mounting substructures for the 4 offshore platforms at the Vladimir Filanovsky oil field in the Caspian Sea. In 2014 the company will build the topside facilities of the producing platform, the living quarters, the processing platform and the riser block and catwalk bridges to connect the platforms.

Oct 2013: The Vankor field was planned to reach 500,000 bbls per day in 2013 but will only do so in 2019, including output from 3 other fields acquired in the takeover of TNK-BP; Suzun, Tagul and Lodochnoye. Vankor produced 435,000 bbls per day in September 2013. The latest contract with Sinopec to supply 200,000 bpd over 10 years allows the Chinese firm to receive oil both from the west and the east of Russia, meaning Rosneft could use swap operations with other producers in East Siberia, such as Surgutneftegas.

Oct 2013: The Kirinskoye gas field off Sakhalin has begun production. Output will eventually feed a new  LNG plant planned for Vladivostok. Gazprom operates Russia's only LNG plant, a 10mm tonne facility on Sakhalin with Shell and Mitsui, and hopes to produce 5 mm tonnes a year at Vladivostok by 2018. Kirinskoye's reserves are estimated at 160 bcm of gas plus condensate.

Jul 2013: Gazprom Neft plans to pump first oil at its Arctic Prirazlomnoye field in the fourth quarter of 2013 after a delay linked to Greenpeace protests. Situated in the Pechora Sea 60 kms off the coast Prirazlomnoye is the first Arctic offshore oil deposit to be developed by Russia. It is expected to reach peak production of 120,000 bbls per day in 2019 after investment of US$6 bn.

May 2013: Gazprom has cut its forecast for gas output from the Bovanenkovo field on the Yamal peninsula because of lower demand. Production, which began in October 2012, was planned for 46 Bcm in 2013 but it will only reach 29.5 Bcm. Gazprom is suffering from waning demand in Europe and increased competition from LNG and coal.

Apr 2013: Total and Gazprom are still seeking ways to make the offshore Shtokman gas field profitable. Gazprom holds 51%, Total 25% and Statoil 24% of the project which has been repeatedly delayed because of the extreme Arctic conditions, investment issues and now the growth of shale gas in the USA.

Mar 2013: LUKOIL is developing the Vladimir Filanovsky field in the northern Caspian Sea. V. Filanovsky was discovered in 2005 and is LUKOIL’s second offshore project in the Russian sector of the Caspian Sea. Production is scheduled to start in 2015.

Feb 2013: Rosneft expects to increase its output in 2013 mainly due to production growth at its giant Vankor field in Siberia, which is hoped to reach between 430,000 to 440,000 bbls per day.  Vankor was the main contributor to Rosneft's oil output growth in 2012 amid declining output elsewhere.

Jan 2013: TNK-BP, which is being taken over by Rosneft, plans to invest $7 bn in its Rospan natural gas project by 2040, increasing output to 16 Bcm of gas in 2020 from 3.5 Bcm in 2012. Rosneft is buying TNK-BP from BP and its partners in a deal worth US$50 bn that will create the world's largest traded oil producer. BP will hold a 19.8% stake in Rosneft after the deal.

2012

Oct 2012: Gazprom will spend US$38 bn to develop East Siberian gas field, Chayanda, and build a 3,200 km pipeline to a new LNG plant in Vladivostok. It may come on stream by 2020. Russia has a single LNG plant, Sakhalin-2 producing 10 mmtpa. Chayanda has resources of 1.3 tcm and will be developed with other East Siberian fields, such as Kovykta.

Sep 2012: Statoil has agreed to establish joint ventures with Rosneft for four offshore license areas covering Perseevsky in the Barents Sea and Kashevarovsky, Lisyansky and Magadan 1 in the Sea of Okhotsk. As part of the deal, the companies will conduct a work program aimed at drilling 6 exploration wells between 2016 and 2021 with Statoil fully funding the costs in the exploration phase.

Aug 2012: Gazprom has postponed development of its giant Shtokman gas field, estimated to hold almost 4 tcm of gas in the Barents Sea. The decision comes after disagreement over investment terms with viability threatened by the shale gas revolution in the US, flagging demand in Europe, the growth of LNG and the advent of other Arctic gas projects on the Yamal peninsula.

Low-Cost Spreadsheets

Datafiles

Buy Excel files - histories and forecasts of production and wells split into any category for all countries and regions

Review files

Geology

E and P

News Briefs

Russia

Eastern Europe

Russia