Russia

A total of 12.2 billion BOE was discovered worldwide in 2019—the highest volume in 4 years, with offshore regions dominating the list of new deposits.

Separate collaboration agreements between ADNOC and Lukoil, Gazprom Neft, and the Russian Energy Agency cover all segments of the oil and gas industry, including upstream technology and exploration and development of Abu Dhabi concessions.

With a production capacity of nearly 20 mtpa, Wood Mackenzie says the project would be the largest single project to reach FID. Novatek plans to spend more than $21 billion to launch the project at full capacity. Startup is scheduled for 2023.

The Russian company has built a computing cluster in St. Petersburg designed to generate digital twins of oil fields. The new distributed-computing system is capable of processing more than 100 gigabits per second, speeding up the digital-modeling process five-fold.

Ranking places US ahead of Saudi Arabia and Russia.

This paper discusses the potential of seismic and seismochemical well simulation in particular within the scope of this recent technology.

The move comes weeks after Gazprom announced a final development concept for the project. Other projects Shell is developing with Gazprom, including the Sakhalin 2 export facility, will not be impacted by the decision.

This paper shares experience gained in the Ashalchinskoye heavy-oil field with a two-wellhead SAGD modification. As a result of a pilot for this technology in Russia, the accumulated production of three pairs of these wells is greater than 200,000 tons.

This paper describes a case study of the Chonskaya group of fields to demonstrate an approach to the integration of time-domain-electromagnetic (TDEM) electrical and seismic data when building a geological model for improving reservoir-property and -saturation prediction.

Japan’s SODECO and India’s ONGC Videsh are joining the consortium on the LNG plant, which will be carried out within the framework of the Sakhalin-1 hydrocarbon project in the Okhotsk Sea.