Industry News
The first domestic hydraulic fracturing fleet has been successfully tested in Russia
The first Russian hydraulic fracturing fleet has been successfully tested at one of the fields of the Yamalo-Nenets Autonomous Okrug.
Artificial intelligence will help paleontologists and oilmen in the study of rocks
The project is aimed at automating the identification of fossils and increasing the speed of processing geological data, which will have a significant impact on the oil and gas industry.
Russian developed import-replacement tracking modules for vibration sources
Tests of the new modules will take place in the next two months, KMZ reported.
New polymer reagents have been developed in Russia to combat catastrophic absorption of the solution
Scientists have presented a new polymer insulating material for drilling, which will help to cope with catastrophic absorption of drilling mud.
Inteco employees attended the Neftegazstroy-2024 conference
Inteco took an active part in the «Neftegazstroy-2024 conference», which took place on May 29, 2024 in Moscow.
New oil service industry is being created in Sakhalin
In August 2024, the first stage of construction of the Sakhalin Oil and Gas Industrial Park, located in the north of Yuzhno-Sakhalinsk, will be completed.
Several little-explored oil fields have been put up for sale in Yugra
The total starting cost of these sites exceeds 168 million rubles.
Rosnedra: Russia is provided with oil and gas reserves for decades
The Federal Agency for Subsoil Use (Rosnedra) reported that Russia’s oil reserves will meet the country’s needs for the next 60 years, and gas reserves — for more than 100 years.
China has reached new level in exploration by drilling a 10,000 meter deep well
The design depth of the well, located in the Taklamakan desert, is 11,000 meters.
The expenses of Russian oil and gas companies for service work increased by 12% in 2023
In 2023, Russian oil and gas companies increased the cost of oilfield services to 2.7 trillion rubles, which is 12% more than the previous year.
Russia and BRICS countries are creating a single platform for assessing mineral reserves
The project aims to harmonize stock classifications and create an international body of experts.
Russia has signed memorandums of cooperation in exploration with Saudi Arabia and Sierra Leone
The Ministry of Natural Resources of the Russian Federation announced the signing of memoranda with Saudi Arabia and Sierra Leone aimed at developing cooperation in the field of subsoil use.