Gulf Oil and Gas accountACCOUNT

Sorochinskneft to Invest 2.1B Rub in Exploration in 2012

Source: www.gulfoilandgas.com 4/3/2012, Location: Asia

NGDU Sorochinskneft (part of TNK-BP Group) will allocate 2.1 billion rubles to exploration in 2012. Sorochinskneft specialists will do seismic surveys at an area of 1,200 km2 and complete the construction of 11 exploration and appraisal wells to increase hydrocarbon reserves.

According to Nikolai Koryagin, Department Director, Geology and Subsoil Use, NGDU Sorochinskneft, as of today the entity has booked 231.2 million tons of Russian recoverable reserves. “Reserves life index is 23 years with the current production rate,” he said.

Investment News in Russia >>

Mozambique >>  8/18/2019 - Total SA is committed to developing the Mozambique natural gas project that it will take over from Anadarko Petroleum Corp. as part of its expansion i...
Trinidad and Tobago >>  8/8/2019 - The BHP Board has approved US$283 million (BHP share) in funding to develop the Ruby Project in Trinidad and Tobago. Total investment for the oil and...

United States >>  8/7/2019 - Oryx Midstream Services (Oryx), the largest privately-held midstream crude operator in the Permian Basin, announced that an affiliate of Qatar Investm...
United States >>  8/1/2019 - Shell Offshore Inc. (Shell), a subsidiary of Royal Dutch Shell plc, has taken the final investment decision (FID) for the PowerNap deep-water project ...

South Sudan >>  7/31/2019 - Following an open tender and a highly competitive international bidding process, the African Development Bank through its African Legal Support Facili...
Egypt >>  7/26/2019 - Egypt's Ministry of Petroleum and Mineral Wealth and Ministry of Electricity and Renewable Energy signed with the US Department of Energy a memorandum...

Related Categories: Accounting, Statistics  Acquisitions and Divestitures  Asset Portfolio Management  Economics/Financial Analysis  General  Industrial Development  Insurance  Investment  Mergers and Acquisitions  Risk Management 

Related Articles: Accounting, Statistics  Acquisitions and Divestitures  Asset Portfolio Management  Economics/Financial Analysis  General  Insurance  Investment  Mergers and Acquisitions  Risk Management 


Russia Oil & Gas 1 >>  2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | 11 | 12 | 13 | 14 | 15 | 16 | 17 | 18 | 19 | 20 | 21 | 22 | 23 | 24 | 25 | 26 | 27 | 28 | 29 | 30 | 31 | 32 | 33 | 34 | 35 | 36 | 37 | 38 | 39 | 40 | 41 | 42 | 43 | 44 | 45 | 46 | 47 | 48 | 49 |

More News

Related Links

AZ BD BN CN GE HK ID IN IR JP KR KZ MM MN MY PG PH PK RU SG TH TJ TM TW UA UZ VN
Gulf Oil and Gas
Copyright © Universal Solutions All rights reserved. - Terms of Service - Privacy Policy.