Formation Evaluation News in Russia

In 2023, Gazprom Announces Growth of Gas Reserves Surpassing Gas Production
1/25/2024 - - The reserve replacement ratio exceeding 1 for 19 consecutive years.
- biggest growth of reserves came from the Yamal gas production center.

The Gazprom Management Committee took not...
Gazprom Ramps up Gas Reserves & Capacities of UGS Facilities
10/26/2023 - - Record-high working gas inventories in the amount of 72.8 billion cubic meters have been stockpiled in Russia's UGS facilities.
- Daily deliverability of the UGS facilities has hit a new peak...
Gazprom Keeping Gas Reserve Rates above Production Rates for 18 Consecutive Years
3/21/2023 - - Gas reserves grew by 529.2 billion cubic meters as a result of geological exploration.
- The biggest addition was achieved in the Yamal-Nenets Autonomous Area.

The Gazprom Board ...
LUKOIL Completes Reserves Estimate as of the End Of 2021
2/8/2022 - PJSC "LUKOIL" announced the results of the reserves assessment and independent audit as of December 31, 2021.

According to the SEC classification, the Company's proved ...
Gazprom Neft Increases Reserves Estimates at Eastern Siberia’s Chonsky Group
12/16/2021 - Russia’s State Reserves Commission has confirmed a two-fold increase in reserves at the Ignyalinsky block, forming part of the Chonsky group of fields, with recoverable reserves on this project increa...
PetroNeft Announces Appointment of Reserves Auditor
6/29/2021 - PetroNeft (PTR) an oil & gas exploration and production company, operating in the Tomsk Oblast, Russian Federation, and 90% owner and operator of Licences 67 and 50% owner and operator of Licence 61 p...
Tatneft Announces Results of Its Crude Oil & Gas Reserves as of Year-End 2020
5/13/2021 - Based on the audit by an independent oil and gas consulting firm Miller & Lents, Ltd. net recoverable oil and gas reserves of Tatneft in accordance with the standards of the Petroleum Resources Manage...
Gazprom Adds Over 480 Billion Cubic Meters to Its Gas Reserves
3/24/2021 - The Gazprom Board of Directors took note of the information about the ongoing work for resource base support, geological surveys, and geological exploration performed by the Company. ...
LUKOIL Completes Reserves Estimate as of the End of 2020
2/16/2021 - PJSC "LUKOIL" (hereinafter - the Company) announces the results of the reserves assessment and independent audit as of December 31, 2020. ...
Taas-Yuryakh Neftegazodobycha Discovers Large Gas Field in Yakutia
1/20/2021 - Taas-Yuryakh Neftegazodobycha, a production enterprise of Rosneft Oil Company, has discovered a new large gas and condensate field following an appraisal drilling on the Nizhnedzherbinsky license area...
NOVATEK’s 2020 Reserve Replacement Reached 117%
1/19/2021 - PAO NOVATEK (“NOVATEK”) announced that independent petroleum engineers, DeGolyer & MacNaughton, have completed their comprehensive reserve appraisal of the Company’s hydrocarbon reserves as of 31 Dece...
Reservoir Study Results on Vostochny Makarovskoye & Dobrinskoye Fields
1/27/2020 - Volga Gas plc, the oil and gas exploration and production group operating in the Volga Region of Russia, is providing the following update on the preliminary reserves estimates in its Vostochny Makaro...
Gas Reserves of Kruzenshternskoye Field Raised to 2 Trillion Cubic Meters
12/27/2019 - The Federal Agency for Mineral Resources approved the expert opinion of the State Reserves Commission with regard to the calculation of hydrocarbon reserves in the Kruzenshternskoye gas and condensate...
Gazprom Neft Fine-Tunes Technologies for Developing the Bazhenov Formation
10/3/2019 - The Bazhen Technology Centre (a subsidiary of Gazprom Neft) has undertaken the first 18-stage fracking operation in Russia, at the Bazhenov Formation. High-tech fracking, coupled with the extended len...
Lower Achimov Development Confirmed
7/12/2019 - PAO NOVATEK announced that Arcticgas, a joint venture between NOVATEK and PAO Gazprom Neft, successfully completed a horizontal well number “U2802” targeting the lower Achimov formation at the Urengoy...
Precaspian Area: New Supra Salt Prospect
8/1/2011 - Volga Gas plc, the oil and gas exploration and production group operating in the Volga Region of Russia, is pleased to announce that the State Committee for Resources has approved new C3 prospective r...

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