Gulf Oil and Gas accountACCOUNT

Sorochinskneft to Invest 2.1B Rub in Exploration in 2012

Source: www.gulfoilandgas.com 4/3/2012, Location: Asia

NGDU Sorochinskneft (part of TNK-BP Group) will allocate 2.1 billion rubles to exploration in 2012. Sorochinskneft specialists will do seismic surveys at an area of 1,200 km2 and complete the construction of 11 exploration and appraisal wells to increase hydrocarbon reserves.

According to Nikolai Koryagin, Department Director, Geology and Subsoil Use, NGDU Sorochinskneft, as of today the entity has booked 231.2 million tons of Russian recoverable reserves. “Reserves life index is 23 years with the current production rate,” he said.

Investment News in Russia >>

Australia >>  11/11/2019 - Woodside has taken a final investment decision on the pipeline component of the Pluto-North West Shelf (NWS) Interconnector and has entered into cont...
Japan >>  11/11/2019 - Marubeni Corporation (Marubeni) and Interstellar Technologies Inc. (hereinafter, “IST”) entered into a capital partnership via Marubeni’s investment i...

Saudi Arabia >>  10/31/2019 - SABIC leaders joined international partners and Saudi business leaders at the third annual Future Investment Initiative (FII) in Riyadh on October 30 ...
France >>  10/24/2019 - Total announces that it will focus its global venture fund on fostering carbon neutrality. The fund will increase its capital to a cumulative $400 mil...

Russia >>  10/22/2019 - The Gazprom Board of Directors approved the revised investment program and budget (financial plan) for 2019. The key figures of the investment program...
Egypt >>  10/17/2019 - Apache oil corporation has plans to boost investments in Egypt through using the cutting-edge oil and gas exploration technologies, said John J. Chris...

Related Categories: Accounting, Statistics  Acquisitions and Divestitures  Asset Portfolio Management  Economics/Financial Analysis  General  Industrial Development  Insurance  Investment  Mergers and Acquisitions  Risk Management 

Related Articles: Accounting, Statistics  Acquisitions and Divestitures  Asset Portfolio Management  Economics/Financial Analysis  General  Insurance  Investment  Mergers and Acquisitions  Risk Management 


Russia Oil & Gas 1 >>  2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | 11 | 12 | 13 | 14 | 15 | 16 | 17 | 18 | 19 | 20 | 21 | 22 | 23 | 24 | 25 | 26 | 27 | 28 | 29 | 30 | 31 | 32 | 33 | 34 | 35 | 36 | 37 | 38 | 39 | 40 | 41 | 42 | 43 | 44 | 45 | 46 | 47 | 48 | 49 | 50 |

More News

Related Links

AZ BD BN CN GE HK ID IN IR JP KH KR KZ MM MN MY PG PH PK RU SG TH TJ TM TW UA UZ VN
Gulf Oil and Gas
Copyright © 2019 Universal Solutions All rights reserved. - Terms of Service - Privacy Policy.