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Oil and gas production in Russia will start declining gradually after 2011 if the government does not change laws to stimulate geological exploration, LUKoil head Vagit Alekperov said on Wednesday.

Russia becoming major oil supplier to U.S.

MOSCOW, July 7 (RIA Novosti)

Russia is becoming a key oil supplier for the United States, the Wall Street Journal said Tuesday.

"Imports have gone from zero to an estimated 100,000 barrels a day in a matter of months since a pipeline bringing crude from deep inside Eastern Siberia came online," the newspaper wrote.

The paper said the increase in oil supplies is thanks to the Eastern Siberia - Pacific Ocean (ESPO) pipeline system, which is designed to export Russian crude to the Asia-Pacific markets.

Amrita Sen, a commodities analyst for British investment bank Barclays Capital in London, said the United States is diversifying its oil sources because OPEC members, who "historically have been key suppliers to the U.S., are sending more of their oil to Asia."

She said production from other U.S. suppliers, like Mexico, is declining at "hefty" rates, and added that "Russian crude will be important."

Russia's July oil output hits record high

Aug 2, 2010

Russian oil output reached a record high in July and stayed above 10 million barrels per day for the eleventh consecutive month, Energy Ministry said on Monday.

July oil output rose to 10.14 million barrels per day (bpd), up from 10.13 million bpd in June, allowing Moscow to retain the world's top position ahead of Saudi Arabia.

Natural gas production continued its decline amid falling demand in Europe and at home due to high summer temperatures.

Russia's overall gas output fell to 1.42 billion cubic metres per day in July from 1.49 bcm per day in June.

Russia, the world’s biggest oil producer, maintained daily output last month at close to a post- Soviet record set in June.

Production rose 0.9 percent to 10.06 million barrels of crude a day in August from a year earlier, according to data from the Energy Ministry’s CDU-TEK statistics unit released today. That was down 0.8 percent from July.

Russia has held oil production above 10 million barrels a day for the past year after starting new fields. Output reached 10.15 million barrels a day in June.

Oil exports fell 2.8 percent in August from last year, and were down 4.3 percent from July at 5.29 million barrels a day, the unit said.


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Record price for Arctic oil fields

2010-07-22

The Russian state is seeking a record price of 2 billion USD to develop the Trebs and Titov oil fields in the Nenets Autonomous Okrug. The two strategic oil fields have a total of more than 200 million tons of reserves.
The fields are classified as strategic, meaning that they have more than 70 million tons of reserves, and their sale would be the first of a strategic deposit since changes to the law on subsoil resources in 2008.

Trebs and Titov have extractable ABC1 reserves of 78.1 million tons and 132.8 million tons, respectively, The Moscow Times reports. According to analysts, these are the two of the last major undeveloped oil fields left in Russia.

Deputy Prime Minister Igor Sechin ordered the Energy Ministry in June to prepare a valuation for the fields. The calculations were prepared by three independent appraisers using different methods, with valuations ranging from 22.9 billion rubles to 101.6 billion rubles. The Energy Ministry sees 60 billion rubles (3 billion USD) as the optimal one-off payment.

The three major Russian oil companies Lukoil, Rosneft and Gazprom Neft are all expected to fight hard for the licenses. Foreign oil majors are unable to bid because Trebs and Titov are strategic fields.

India in the running for Russia's Arctic oil

India's oil firm ONGC places bid for Arctic deposits

* Russia to auction Trebs and Titov fields in December

* Natural Resources Min said ONGC unlikely to go it alone

* Russia's Rosneft did not bid, may link up with a partner

* ONGC has suggested partnership with Rosneft - paper


MOSCOW, Sept 21 (Reuters)

Russia's Natural Resources Minister Yuri Trutnev said on Tuesday that India's ONGC was the only foreign oil company to place a bid for Russia's giant Arctic Trebs and Titov oil deposits.

"The deposits are classified as strategic, and so it is up to a government commission to decide whether [ONGC] can participate alone, but I doubt that will be the case. I would be surprised," Trutnev told reporters.

On Monday, Nord Imperial, the Russian subsidiary of ONGC, India's state-run oil and gas company, submitted its bid application for the fields to Rosnedra, the government agency responsible for subsoil licences.

Trutnev confirmed that oil firms LUKOIL , Russia's No.2 oil producer, TNK-BP, half-controlled by BP , Gazprom Neft Surgutneftegaz and mid-sized firm Bashneft also placed bids.

The Trebs and Titov deposits, the largest unallotted hydrocarbon fields remaining in state reserves, holding an estimated 200 million tonnes of oil reserves, will be sold at a government auction on Dec 2.

Rosneft , the country's largest oil producer, did not bid, but the firm's new President, Eduard Khudaynatov, said it would consider joining the project if a potential partner wins the bid, Platts reported.

"We have proposals from partners [to join them] if they win the tender," Khudaynatov said following meetings in China with government officials and the China National Petroleum Corp (CNPC).

Khudaynatov did not say which of the six bidders was a potential partner, but previous reports have named ONGC.

Last month, sources in ONGC and Rosneft told Russian business daily Vedomosti that ONGC proposed a joint bid for the oil fields to Rosneft.

In March, the Russian government said it would consider allowing ONGC to enter the running for development rights of the Trebs and Titov fields, as the country was looking to double trade with India to $20 billion by 2015.

Russia oil output hits new record in September

Sat Oct 2, 2010

MOSCOW, Oct 2 (Reuters) - Russian oil output hit a new record of 10.16 million barrels per day in September as fields returned from maintenance, beating the last all-time high in July, Energy Ministry data showed on Saturday.

Oil output had slumped to 10.06 million barrels per day in August, largely due to maintenance at Sakhalin-1, an ExxonMobil-led project off Russia's Pacific coast.
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Russia Oct oil output hits new record 10.26 mln bpd

MOSCOW Nov 2 (Reuters)

Russian oil output hit a new record of 10.26 million barrels per day in October, beating the last all-time high of 10.16 million bpd in the previous month, Energy Ministry data showed on Tuesday.

Oil output slumped to 10.06 million barrels per day in August, largely due to maintenance at the Sokol field in the Pacific oil province of Sakhalin.

Daily gas output showed a seasonal recovery to 1.87 billion cubic metres (bcm) in October, up from September output of 1.60 bcm per day.

En 2005, nemo a écrit :De plus il a annoncé qu'il se représenterait pas

La production de pétrole russe a atteint un plus haut en 2010

Lta production de pétrole en Russie a atteint en 2010 son plus haut niveau depuis la chute de l'URSS, avec 10,145 millions de barils extraits par jour. Le premier producteur mondial d'or noir a ainsi enregistré une hausse de 2,2% de sa production au cours de l'année 2010, selon des chiffres communiqués par le ministère russe de l'Energie.

Russia should keep oil output at 2010 level of 505 million tonnes per year - Mr Putin13 Feb 2011Interfax citing Mr Vladimir Putin Prime Minister of Russia as saying that, Russia should keep oil production at the 2010 level of 505 million tonnes in the years to come.

He said that this is the ideal volume, which covers both internal and export needs. He added that "We need to keep to this level of production in the coming years."

The Central Dispatching Department of the Fuel and Energy Complex has said Russia produced 505.193 million tonnes of oil and gas condensate in 2010, 2.2% more than in 2009. Gas production rose 11.6% to 650.311 billion cubic meters.

(Sourced from Interfax)

Hausse des taxes d'exportations du pétrole russe

La pénurie de pétrole libyen n'offre pas que des désavantages. Sautant sur la boulimie internationale en matière pétrolière, la Russie a annoncé vendredi l'augmentation de la taxe sur les exportations de pétrole russe.

Ce n'est pas un poisson d'avril, tout comme le prix du gaz en France, la taxe sur les exportations russes de pétrole va augmenter à partir du 1er avril.

Elle s'établira alors à 423,7 dollars la tonne, contre 365 dollars à l'heure actuelle.

Selon une ordonnance signée le 24 mars par le Premier ministre Vladimir Poutine, la taxe préférentielle sera de 191 dollars la tonne, contre 150,4 dollars actuellement.

Cette nouvelle taxe a été calculée compte tenu du prix moyen du baril de pétrole pour la période du 15 février au 14 mars, nous dit-on.

La taxe sur les produits pétroliers légers passera quant à elle de 244,6 dollars à 283,9 dollars la tonne, et de 170,4 dollars à 197,9 dollars la tonne pour les produits pétroliers lourds.

Précisons que le ministre des finances Alexeï Koudrine russe a récemment indiqué que le budget de l'Etat serait à l'équilibre si les cours du pétrole se stabilisent autour de 115 dollars le baril en moyenne sur l'année.

La Russie, un des plus grands producteurs de brut de la planète, risque de voir ses réserves s'épuiser d'ici 15 ans et la qualité de son pétrole diminuer, conclut une étude gouvernementale.

Selon le rapport publié mardi par le ministère des Ressources naturelles de la Russie, le pays produit 500 millions de tonnes de pétrole par an, ce qui le place au coude-à-coude avec l'Arabie saoudite au premier rang mondial.

À ce rythme, les réserves prouvées seront épuisées d'ici 13 à 15 ans, s'inquiètent les auteurs du rapport.

« Les problèmes principaux du secteur pétrolier en Russie sont dus à l'extraction permanente des réserves les plus rentables qui provoque une baisse de qualité des ressources, et qui mènera dans le futur à une baisse de la production et à un épuisement des matières premières dans les gisements », soulignent-ils.

Déjà, seulement 30 % des réserves de pétrole sont facilement exploitables, les 70 % restants étant du brut « lourd, visqueux et difficile à extraire », ajoute le rapport, soulignant que les marchés consomment surtout du pétrole léger.

Les champs situés en Sibérie occidentale, développés à l'époque soviétique, sont largement surexploités, tandis que les investissements nécessaires à l'exploration géologique des gisements inexploités de Sibérie orientale sont faibles.

Mais selon l'étude du ministère des Ressources naturelles, ceux qui espèrent trouver du pétrole en Sibérie pourraient être déçus, le volume des réserves déjà découvertes étant « extrêmement faible ».

Russia oil output close to post-Soviet high in April

MOSCOW, May 2 (Reuters) - Russia produced 10.24 million
barrels per day (bpd) of oil in April, up 0.5 percent from 10.19
million bpd in March and short of a post-Soviet record of 10.26
million hit in October, Energy Ministry data showed on Monday.
The Russian government is working on a new tax regime to
stimulate investments in new Arctic and east Siberian oil and
gas deposits as the country targets to keep its oil production
steady at around 10.1 million bpd during the next decade.