Russia

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.

The US has “likely surpassed” Russia as the world’s largest oil producer, according to a US Energy Information Administration report.

The US supermajor continues to evolve its global strategy by pulling out of once-promising Russian partnerships and adding to its offshore Guyana oil drilling bounty.

The new US sanctions against Russia will place added restrictions on international companies taking part in oil development projects with Russian companies and raise doubts about Russia’s plans to expand pipeline exports.