Schlumberger, Chevron and Microsoft Announce Collaboration to Accelerate Digital Transformation
Global organizations will work together to accelerate development of cloud-native solutions and deliver actionable data insights for the industry...
RDCR Well Engineering Forum 2020
The 7th RDCR Well Engineering Forum ran on the 11th of April 2019, at the 5* Kempinski Baltschug Hotel, in central Moscow. The forum included oil and gas conference case study examples with roundtable panels and open discussion sessions, including exhibition booths, covering Russia's upstream industry.
2019 saw a record number of delegates attend the event with over 450 representatives from the region's oil and gas operators companies, drilling contractors, service companies and equipment vendors. This represented a 27% yoy increase in delegates. Click here to see a full list of participants.
The RDCR covers well engineering technologies from drilling to production including rigs and rig equipment, to drill pipe and drilling fluids and the equipment and services to drill, complete, stimulate, enhance oil production and workover the wells.
The RDCR has grown over the last 7 years to include all the technologies to developed Russia's oil patch. With Russia looking to replace declining production, drilling activity is high with significant growth in directional and horizontal wells. Operators are seeking ways of share and dicussing how to improving their operational performance and efficiencies, increasing production through acid and fracturing stimulation whilst also eliminating waste and NPT. These topics and more were covered on April the 11th.
The event is the "must attend" event for senior corporate and technical managers from the major operators, service companies, drilling contractors and equipment vendors. There is no other event in Russia attracting over 450 key operational field heads.
Rosneft, Gazprom Neft, Gazprom, LUKOIL, Tatneft, RussNeft, Slavneft, Novatek and Sakhalin Energy regularly attend the event with senior delegations. The event also attracts the major regional operating companies and BU’s like SDP, RN-Uvatneftegas, RN-Purneftegas, Varyeganneftegaz, Gazprom Neft Shelf, Gazpromneft-Muravlenko, Gazpromneft-Yamal, LUKOIL Nizhnevolzhskneft, LUKOIL West Siberia plus many more.
If you are looking to target the entire upstream sector, from the West to Eastern Russia, there is no better event for you to consider!
RDCR Regional News
Gazprom Neft Enters Taimyr
Gazprom Neft has secured subsoil usage rights for geological prospecting in the west of the Taimyr Peninsula. The twelve blocks, covering a total 5,000 square kilometres, are located in the Dolgano-Nenetsky municipal district in the Krasnoyarsky Krai...
Downhole Products: PEN-O-TRATOR
The PEN-O-TRATOR reamer shoe has been specifically designed to aid with the installation of any casing, liner, or screen application, where the operator has concerns over potentially difficult wellbore conditions such as swelling shales, ledges, and washed out areas within the wellbore...
SPD is Testing Pitless Drilling Technology
SPD tested application of pitless drilling model at the Salym group of oil fields. Technology like this makes it possible to reduce adverse environmental effect and optimize well pad construction costs through reducing their area and drilling waste volume...
Weatherford Announces AlphaSTTM World’s First Single-Trip Openhole Cementing and Sidetrack System
Weatherford International plc has announced the market launch of its AlphaSTTM single-trip openhole cementing sidetrack system, a market-first capability to initiate sidetrack operations without the need of a cement plug...
KCA Deutag’s Land Operation Wins $168m of New Drilling Contracts in Russia
Global drilling and engineering contractor KCA Deutag (“KCAD”) is delighted to announce that its land drilling operation has won three new contracts in Russia worth approximately $168m...
RPI: Horizontal Drilling in Russia
Horizontal drilling increased by 80% in both KMAD and East Siberia between 2007-2012. The contribution to incremental drilling was roughly the same in both regions.As a result, horizontal drilling is rising at a steady pace in Russia due to both the development of new fields in greenfield oil producing regions and the development of tight reserves in KMAD...
RDCR 2020 Date Announced – 23rd April
In order to avoid clashing with Russian and European Easter Holidays, the RDCR Well Engineering Forum will be held later than normal, on the 23rd of April, 2020. This is the week after the Neftegaz Exhibition...
Eurasia Drilling Company To Merge With Schlumberger
Eurasia Drilling Company Limited announces that it has today agreed with certain members of the Company’s management team and certain significant shareholders the terms of a merger between the Company and EDC Acquisition Company Limited...
Ensco Rowan plc to Change Its Name to Valaris plc
Ensco Rowan plc announced today that it will change its name to Valaris plc, effective July 31, 2019. Following its name change, the Company’s ordinary shares will trade under the new ticker symbol VAL...
Gazprom Neft 9M 2018 Net Profit Up 58 Percent
Revenue in the first nine months of 2018 amounted to one trillion, 827.3 billion rubles (RUB1,827,300,000,000), representing a 29.8 percent increase year-on-year...
Hardbanding Solutions: Launches Twin Torch System for Skye Mobile Hardbanding Unit
Skye optional Twin Torch System enables even faster removal, repair and re-hardbanding application. Hardbanding Solutions, we are continually working to make Hardbanding as efficient and cost-effective as possible...
Rosneft: Q1 2016 Results – Production Drilling Up 52%
Q1 2016 Operating Results: Average daily hydrocarbon production of 5.21 mmboe, an increase both compared to Q1 2015, and for two consecutive quarters (+2.5% compared to Q3 2015). Production drilling grew by 52% with maintaining in-house OFS share above 50%...
Gazprom Neft Developed and Successfully Tested New Superhard Materials
Gazprom Neft’s Science and Technology Center has completed successful trials with a prototype of drill bit blades for drilling equipment that are made from a new superhard material, tungsten pentaboride...
Tengizchevroil: 100 More Wells Planned to 2022
In January-September of 2017, Tengizchevroil LLP produced 21.4 million tons of oil at the Tengiz field. During this period, in 2016, 20.3 million tons of oil (160 million barrels) were produced...
Gazprom Neft Confirms the Commercial Outlook for its Chona Project
Gazprom Neft subsidiary Gazpromneft-GEO has drilled a second horizontal well at the Ignyalinskoye field in the Irkutsk Oblast. Commercial inflow is more than double the flow rate at the first well, constructed last year...
Tatneft: Results of Operations for the First Ten Months of 2017
TATNEFT Croup of Companies produced 2,459 thousand tonnes; while the oil volume produced during the ten months amounted to 24,124 thousand tonnes, which was 499 thousand tonnes more than the figure for the similar period in 2016...
TMK and NOVATEK Sign a Strategic Partnership Agreement to Supply Premium Tubular Products
PJSC TMK (TMK) and PJSC NOVATEK (NOVATEK) signed a Strategic Partnership and Cooperation Agreement at the 23rd St. Petersburg International Economic Forum...
Nabors Industries: Completes Tesco Corporation Acquisition
Nabors Industries Ltd. and Tesco Corporation today announced the completion of the previously announced acquisition of Tesco by Nabors...
LUKOIL: Q1 2019 Results – Revenue Up 13.5% yoy
PJSC “LUKOIL” today released its condensed interim consolidated financial statements for the three-month period ended 31 March 2019 prepared in accordance with International Financial Reporting Standards (IFRS)...
Bentec: Wins Three Major Contracts – Caspian Rig, Three Cluster Slider Rigs and Thirteen Top Drives
Bentec, one of the world’s leading manufacturers of drilling rigs and oilfield equipment today announces that it has won three major multi-million dollar contracts. The company also confirms its further expansion into the substantial offshore market.
Mohawk Energy Receives Sizeable Investment to Advance International Growth
Mohawk Energy, the expandable tubular well solutions specialist, has received a substantial investment from private equity firm Buckthorn Partners to support its domestic and international growth ambitions...
RDCR 2017: Agenda Release, Rosneft and Tatneft Delegations Plus Full Company Listing
Less than 4 weeks to go to Russia’s largest gathering of Drilling and Completion department heads and experts at the RDCR! We are pleased to announce Rosneft and Tatneft’s delegations, Tatneft’s presentation, Lukoil Engineering’s presentation and finally, the RDCR Awards...
Gazprom Neft: 2018 Q1 Results: NET Profit up 54.9% yoy
Gazprom Neft’s revenue in the first three months of 2019 totalled RUB586.4 billion, a 12.6 percent increase year-on-year, driven by a combination of higher oil sales and a favourable price environment...
Gazpromneft-Yamal: Completes Russia First Quadruple Multilateral Well
Gazprom Neft subsidiary Gazpromneft-Yamal has completed construction of Russia’s first ever multilateral well with four horizontal cased-hole side tracks, at its Novoportovskoye field. A total 6,756 metres was drilled, including 4,411 metres drilled in the target strata...
