Press Esc to close

WorldOil

World Oil News Center



Ruspetro receives 20-year licence extension to its Russian projects

LONDON -- Ruspetro reported that its Vostochno-Inginsky licence, which was due to expire in June 2014, has been extended by the Federal Subsoil Resources Management Agency of the Russian Federation for 20 years until June 2034.Ruspetro through its wholly owned subsidiaries INGA and Trans-oil, holds the Pottymsko-Inginsky, Vostochno-Inginsky and Palyanovo licences covering 1,205 sq km in the Khanty-Mansiysk region of Western Siberia.

The Company also reported the commencement of drilling operations from Pad23b following the spud of its first multistage fractured horizontal well on the Pottymsko-Inginsky licence block. This well designated #214 is being drilled within the Schlumberger technical partnership agreement.

John Conlin, CEO, commented: "We are pleased to have successfully extended our Vostochno-Inginsky licence.Additionally, the commencement of drilling at our first multistage fractured horizontal well marks another important milestone in our technical partnership with Schlumberger."

04/15/2014

 

Bookmark and Share


WO DATA HUB

EngineeringTablesIcon-Large

Engineering Data Tables

World Oil's specialized upstream Engineering Data Tables featuring the Drill Bit Classifier, Tubing Tables and more. Get Total Access today.

WO SUPPLEMENTS

2013 Fracturing Technology

2013 Fracturing Technology

MEDIA CENTER

By Digital Publisher

Drill Bit Classifier World Oil published its renowned Drill Bit Classifier in September 2013. The Drill Bit Classifier is a comprehensive listing of major manufacturers' d...

ENERGY EVENTS

Upcoming Events