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RussNeft Establishes its Own Research and Technology Center
Oil Company RussNeft OAO has established a subsidiary named ‘RussNeft Research and Technology Center OOO’.
RussNeft Established a Research and Technology Center to Develop Project Documents and Perform Oilfield Analysis
RussNeft has created a subsidiary under the name of RussNeft Research and Technology Center, or RTC, to develop project documents and perform scientific and technical analysis of the oilfields, the company says in a statement.
Romantics from the North of Tomsk Area
No more than three years ago Sobolinoye ZAO was no different from a dozen of other small upstream companies operating in the oilfields of the Tomsk region. The company possessed a small license area of 6 square km and produced 160 thousand tons of crude oil filling only half of the license quotas. Such a gap was accounted for by the absence of good investments in well drilling. However, in 2004 with RussNeft coming to the north of the Tomsk region things changed dramatically for the company. After having been integrated into the structure of RussNeft, group of companies ‘Sobolinoye ZAO’ could stir up its oilfield activity and increase the production showing. Last year Sobolinoye ZAO produced more than 550 thousand tons of crude oil.
RussNeft Transfers 51% Stake at Udmurt National Oil Company to its Balance Sheet
Oil Company RussNeft OAO has transferred 51% stake at the Udmurt National Oil Company, or UNOC, to its balance sheet, RussNeft says in a statement. On March 2nd the company’s share in the capital stock of UNOC increased from 0% to 51%. Before that the above stake was not in the company’s direct possession.
RussNeft Transferred in March 51% Stake at Udmurt National Oil Company and NGDU Penzaneft to its Balance Sheet
Oil Company RussNeft OAO has transferred in March 51% stake at the Udmurt National Oil Company and NGDU (Field Office) Penzaneft OAO to its balance sheet, the company reported in a statement.