Khvalynskoye Gas Field
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Khvalynskoye Gas Field
The Khvalynskoye gas field is a conventional gas condensate field located in the Kazakhstan's sector in the northern part of the Caspian Sea. It lies about from Astrakhan at a sea depth of . The operator of the project is Lukoil with 50% stake. Other partners are KazMunayGas (25%), Total S.A. (17%), and GDF Suez (8%). History Lukoil started to drill the Khvalynskaya-1 exploratory well in July 1999 by using ''Astra'' semi-submersible jack-up rig. The well was completed in 2000. The Khvalynskaya-3 well was completed in 2002. In 2003, Lukoil and KazMunayGas signed a deal on the joint development of the Khvalynskoye field. The Khvalynskoye joint venture was established in 2005. In October 2009, Kazakhstan invited Total and GDF Suez to join the project. Reserves The field is expected to have 322 billion cubic meters of natural gas, 17 million tons of gas condensate and 36 million tons of oil in place. Recoverable reserves are 127 billion cubic meters of ...
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Kazakhstan
Kazakhstan, officially the Republic of Kazakhstan, is a transcontinental country located mainly in Central Asia and partly in Eastern Europe. It borders Russia to the north and west, China to the east, Kyrgyzstan to the southeast, Uzbekistan to the south, and Turkmenistan to the southwest, with a coastline along the Caspian Sea. Its capital is Astana, known as Nur-Sultan from 2019 to 2022. Almaty, Kazakhstan's largest city, was the country's capital until 1997. Kazakhstan is the world's largest landlocked country, the largest and northernmost Muslim-majority country by land area, and the ninth-largest country in the world. It has a population of 19 million people, and one of the lowest population densities in the world, at fewer than 6 people per square kilometre (15 people per square mile). The country dominates Central Asia economically and politically, generating 60 percent of the region's GDP, primarily through its oil and gas industry; it also has vast mineral ...
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United Press International
United Press International (UPI) is an American international news agency whose newswires, photo, news film, and audio services provided news material to thousands of newspapers, magazines, radio and television stations for most of the 20th century. At its peak, it had more than 6,000 media subscribers. Since the first of several sales and staff cutbacks in 1982, and the 1999 sale of its broadcast client list to its main U.S. rival, the Associated Press, UPI has concentrated on smaller information-market niches. History Formally named United Press Associations for incorporation and legal purposes, but publicly known and identified as United Press or UP, the news agency was created by the 1907 uniting of three smaller news syndicates by the Midwest newspaper publisher E. W. Scripps. It was headed by Hugh Baillie (1890–1966) from 1935 to 1955. At the time of his retirement, UP had 2,900 clients in the United States, and 1,500 abroad. In 1958, it became United Press Intern ...
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Natural Gas Fields In Kazakhstan
Nature, in the broadest sense, is the physical world or universe. "Nature" can refer to the phenomena of the physical world, and also to life in general. The study of nature is a large, if not the only, part of science. Although humans are part of nature, human activity is often understood as a separate category from other natural phenomena. The word ''nature'' is borrowed from the Old French ''nature'' and is derived from the Latin word ''natura'', or "essential qualities, innate disposition", and in ancient times, literally meant "birth". In ancient philosophy, ''natura'' is mostly used as the Latin translation of the Greek word ''physis'' (φύσις), which originally related to the intrinsic characteristics of plants, animals, and other features of the world to develop of their own accord. The concept of nature as a whole, the physical universe, is one of several expansions of the original notion; it began with certain core applications of the word φύσις by pre-Soc ...
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Lukoil Oil And Gas Fields
The PJSC Lukoil Oil Company ( stylized as LUKOIL or ЛУКОЙЛ in Cyrillic script) is a Russian multinational energy corporation headquartered in Moscow, specializing in the business of extraction, production, transport, and sale of petroleum, natural gas, petroleum products, and electricity. It was formed in 1991 when three state-run, western Siberian companies named after the respective town in Khanty–Mansi Autonomous Okrug that each was based in, Langepasneftegaz, Urayneftegaz, and Kogalymneftegaz, merged. Its name is the combination of the acronym LUK (initials of the oil-producing cities of Langepas, Uray, Kogalym) and the English word "oil". Lukoil is the second largest company in Russia after Gazprom, and the country's largest non-state enterprise in terms of revenue, with ₽4,744 billion in 2018. In the 2020 Forbes Global 2000, Lukoil was ranked as the 99th-largest public company in the world. Internationally, it is one of the largest global producers of crude o ...
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Yuri Korchagin Field
The Yuri Korchagin field is an offshore oil field in the Russian sector of the North Caspian Sea. The field is located from Astrakhan and from Makhachkala at a sea depth of . The field is owned and operated by Lukoil–Nizhnevolzhskneft, a subsidiary of Lukoil. The contractor for drilling operations is a Moscow-based company BKE Shelf (Eurasia Drilling Company). The field is named after the former secretary of the company's board of directors. Overview Lukoil started geological survey of North Caspian Sea in 1995. Exploratory drilling started in 1999 by using ''Astra'' semi-submersible jack-up rig. The field was discovered in 2000. Its development started in 2004. The first oil was extracted on 28 April 2010. The gross reserves are estimated to be of oil equivalent. The expected peak production rate is 2.5 million tonnes of crude oil and 1.2 billion cubic meters of natural gas per year. Development The development will have 30 wells, including 26 pr ...
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Russia
Russia (, , ), or the Russian Federation, is a List of transcontinental countries, transcontinental country spanning Eastern Europe and North Asia, Northern Asia. It is the List of countries and dependencies by area, largest country in the world, with its internationally recognised territory covering , and encompassing one-eighth of Earth's inhabitable landmass. Russia extends across Time in Russia, eleven time zones and shares Borders of Russia, land boundaries with fourteen countries, more than List of countries and territories by land borders, any other country but China. It is the List of countries and dependencies by population, world's ninth-most populous country and List of European countries by population, Europe's most populous country, with a population of 146 million people. The country's capital and List of cities and towns in Russia by population, largest city is Moscow, the List of European cities by population within city limits, largest city entirely within E ...
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Natural Gas
Natural gas (also called fossil gas or simply gas) is a naturally occurring mixture of gaseous hydrocarbons consisting primarily of methane in addition to various smaller amounts of other higher alkanes. Low levels of trace gases like carbon dioxide, nitrogen, hydrogen sulfide, and helium are also usually present. Natural gas is colorless and odorless, so odorizers such as mercaptan (which smells like sulfur or rotten eggs) are commonly added to natural gas supplies for safety so that leaks can be readily detected. Natural gas is a fossil fuel and non-renewable resource that is formed when layers of organic matter (primarily marine microorganisms) decompose under anaerobic conditions and are subjected to intense heat and pressure underground over millions of years. The energy that the decayed organisms originally obtained from the sun via photosynthesis is stored as chemical energy within the molecules of methane and other hydrocarbons. Natural gas can be burned fo ...
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Oil In Place
Oil in place (OIP) (not to be confused with original oil-in-place (OOIP)) is a specialist term in petroleum geology that refers to the total oil content of an oil reservoir. As this quantity cannot be measured directly, it has to be estimated from other parameters measured prior to drilling or after production has begun. Prior to oil production from a new reservoir, ''volumetric'' methods are used to estimate oil-in-place. A series of test drills are used to map the rock conditions at and around the drilling site and to estimate the size of the oil-bearing rock field. The oil in place is calculated as the product of the volume of porous oil-bearing rock, the porosity of the rock, and its saturation. Correction factors have to be applied for the difference between the volume of the same mass of oil in the reservoir to its volume when brought to the surface, which is caused by the different physical conditions (temperature, pressure) there. Oil-in-place is also known as stock t ...
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Upstream (newspaper)
''Upstream'' is an independent oil and gas industry upstream sector weekly newspaper and a daily internet news site. The newspaper is owned by NHST Media Group. It is headquartered in Oslo, Norway. The newspaper covers the upstream sector of the global oil and gas industry with full-time staff correspondents in all the major centres of the industry. It is published every Friday. Upstream had full-time reporters based in its head office in Oslo, as well as bureaux and correspondents in London, Moscow, Accra, New Delhi, Singapore, Wellington, Rio de Janeiro and Houston. Its editor in chief is Erik Means. The newspaper was founded in 1996 to compete with well-established rivals including ''Oil & Gas Journal'', ''Petroleum Intelligence Weekly'', and ''Offshore Engineer''. It covers all aspects of the upstream industry, but focuses especially on news related to business, policy and the sector's key players as well as the commercial side of the industry. Coverage includes explorati ...
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Caspian Sea
The Caspian Sea is the world's largest inland body of water, often described as the world's largest lake or a full-fledged sea. An endorheic basin, it lies between Europe and Asia; east of the Caucasus, west of the broad steppe of Central Asia, south of the fertile plains of Southern Russia in Eastern Europe, and north of the mountainous Iranian Plateau of Western Asia. It covers a surface area of (excluding the highly saline lagoon of Garabogazköl to its east) and a volume of . It has a salinity of approximately 1.2% (12 g/L), about a third of the salinity of average seawater. It is bounded by Kazakhstan to the northeast, Russia to the northwest, Azerbaijan to the southwest, Iran to the south, and Turkmenistan to the southeast. The sea stretches nearly from north to south, with an average width of . Its gross coverage is and the surface is about below sea level. Its main freshwater inflow, Europe's longest river, the Volga, enters at the shallow north end. Two deep ...
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Semi-submersible
Semi-submersible may refer to a self-propelled vessel, such as: *Heavy-lift ship, which partially submerge to allow their cargo (another ship) to float into place for transport *Narco-submarine, some of which remained partially on the surface *Semi-submarine, which cannot fully submerge *Semi-submersible naval vessel, which partially submerges to minimize being observed *Semi-submersible platform, which is typically transported to a location where it is placed in service *Oil platform An oil platform (or oil rig, offshore platform, oil production platform, and similar terms) is a large structure with facilities to extract and process petroleum and natural gas that lie in rock formations beneath the seabed. Many oil platfor ..., a large structure with facilities for well drilling to explore, extract, store, and process petroleum and natural gas, in deeper water (more than 1,500 metres (4,900 ft)), the semisubmersibles or drillships are maintained at the required drilling loc ...
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Astrakhan
Astrakhan ( rus, Астрахань, p=ˈastrəxənʲ) is the largest city and administrative centre of Astrakhan Oblast in Southern Russia. The city lies on two banks of the Volga, in the upper part of the Volga Delta, on eleven islands of the Caspian Depression, 60 miles (100 km) from the Caspian Sea, with a population of 475,629 residents at the 2021 Census. At an elevation of below sea level, it is the lowest city in Russia. Astrakhan was formerly the capital of the Khanate of Astrakhan (a remnant of the Golden Horde), and was located on the higher right bank of the Volga, 7 miles (11 km) from the present-day city. Situated on caravan and water routes, it developed from a village into a large trading centre, before being conquered by Timur in 1395 and captured by Ivan the Terrible in 1556. In 1558 it was moved to its present site. The oldest economic and cultural center of the Lower Volga,
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