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«exploration»

Gazprom Neft hydrocarbon reserves up 36%

... milestone in project development here, and confirms the correctness of the strategy we have chosen. In the space of just a few years these assets will represent a significant proportion of our annual production volumes.” Vadim Yakovlev Deputy CEO for Exploration and Production, Gazprom Neft “The portfolio management system Gazprom Neft has put in place over the past few years has demonstrated its effectiveness throughout the turbulence of 2020. During this crisis we have swiftly refocussed our activities ...

18 February 2021
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Gazprom Neft identifies exploration horizons with AI

... Advanced Analytics at Russian oil giant Gazprom Neft, the company began introductory market research on digital technologies in 2017, evaluating offerings and identifying resources. In 2019, it began proactively implementing digital tools, focusing on exploration and specifically on seismic analysis. The reason, Dubovik says, is the high cost of a mistake during the first stages of exploration. Error in this step affects every step that follows. Gazprom Neft began using AI algorithms to identify exploration ...

21 January 2021
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Gazprom Neft and Shell Establish Joint Venture to Develop Major Hydrocarbon Cluster on the Gydan Peninsula

... hold a 50% interest in the joint venture’s charter capital. The joint venture will be managed by Gazprom Neft and Shell, on an equal basis. Both companies are consolidating their capabilities and competences to allow the development of a promising exploration cluster in the north—eastern part of the Gydan Peninsula. The joint venture’s asset portfolio includes the Leskinsky and Pukhutsyayakhsky license blocks. Both blocks are marked by a low level of geological investigation, as well as remoteness ...

2 December 2020
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Gazprom Neft joins the United Nations Global Compact sustainable development initiative

Gazprom Neft has joined the United Nations’ Global Compact — the largest international corporate social responsibility (CSR) and sustainable development initiative in the world. Gazprom Neft has joined the United Nations’ Global Compact — the largest international corporate social responsibility (CSR) and sustainable development initiative in the world. In joining the initiative, the Company has confirmed its commitment to aligning its business strategy, decision-making processes and operational...

30 October 2020
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Reserves increased at Gazprom Neft’s Chona group of fields

Gazprom Neft has increased the boundaries of its Ignyalinsky license block in Eastern Siberia, with recoverable reserves at this asset increasing 10% as a result, to reach 76 million tonnes of oil. The boundaries of the Ignyalinsky block were expanded through what is known as the “cut-in mechanism” (involving the addition of a piece of adjacent land comprising open acreage (land as yet unallocated under the State Subsoil Reserve Fund),* with this asset now increasing...

11 September 2020
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Gazprom Neft–Zarubezhneft joint venture will promote the development of hard-to-recover oil reserves in the Khanty-Mansi Autonomous Okrug

... hydrocarbon reserves at these Salymsky license blocks, and in developing new approaches to and innovative solutions for working with hard-to-recover oil. So far, 3D seismic works have been undertaken at the Salymsky-3 and Salymsky-5 licnese blocks, the first exploration and appraisal well drilled, and a 15-stage fracking operation completed. Geological prospecting works are expected to start at the adjacent Salymsky-5 block by the end of 2020. Preliminary prognoses suggest initial reserves in place at both ...

21 August 2020
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Gazprom Neft tests an ultra-long-range drone for exploration geophysics

... operations can be undertaken, highly effectively, in remote areas with no surface infrastructure. Gazprom Neft as, already, successfully utilised UAVs with a range of up to 150 kilometres for non-seismic geological exploration. Using these, the company has been able to obtain initial information on bedrock structure, which facilitates further planning for subsequent stages of field exploration. The developers of this new aerial device have been able to offer brand ...

11 August 2020
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Gazprom Neft and Shell launch joint project for development of a major hydrocarbon cluster on Gydan peninsula

... the receipt of necessary corporate and regulatory approvals. The intent of the joint venture is to combine the capabilities and competences of its partners in the exploration of a large promising cluster in the north-eastern part of the Gydan Peninsula. Its assets are characterized by a low degree of geological knowledge and significant remoteness from the transport and oil-and-gas infrastructure. The Leskinsky ...

21 July 2020
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New digital exploration planning system deployed at Gazprom Neft

... electro-magnetic prospecting, gravitational prospecting, geomagnetic prospecting, aerial and geochemical prospecting — for any kind of field, in terms of their impacts and costs, and analyse the economic outcomes of these. Along with classical seismic exploration, finding oil and gas deposits and clarifying their characteristics is helped by aerial surveying, investigations into electric, magnetic and gravitational fields, and registering ground-surface molecular traces of hydrocarbons. The effectiveness ...

9 June 2020
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The Novy Port project

The Novy Port project The development of the Novoportovskoye field on the Yamal Peninsula is one of Gazprom Neft’s strategic projects — this asset, specifically, being scheduled to become the centre of a major production cluster being developed by the company on the Yamal peninsula. History Novoportovskoye was the first hydrocarbon field discovered on the Yamal Peninsula. Major oil and gas reserves were proved to be present here as early as 1964, but the absence of transport infrastructure...

19 May 2020
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