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Kazakhstan Reaches Record Oil Production of 2.12 Million bbl/d, Exceeding OPEC+ Quota

Egypt Oil & Gas

Kazakhstan has increased in February its crude oil and gas condensate production by 13% to a record of 2.12 million barrels per day (bbl/d), exceeding its quota within the OPEC+ group of oil producers, as Reuters reported. Excluding gas condensate, Kazakhstan’s crude oil production surged by 15.5% from January to 1.83

BBL 75
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Oil and Gas 2025: How Will Companies Navigate a Year of Transformation—and Why It Affects Everyone?

Rextag

The oil and gas industry navigates a transformative 2025 period shaped by strategic consolidations, maturing resource plays, and shifting market fundamentals. Forecast: With companies securing three to seven years of viable inventory at $70/ bbl oil, M&A activity is expected to remain a cornerstone of strategy through 2025.

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Type of mud losses while oil and gas well drilling

Rig Skills

We can minimize surface loss of mud on oil and gas well drilling by following steps. Seepage losses These are down hole losses ranging from 2 to 10 bbl per hour. Solid control equipment do not discard dry solid, there is limited liquid portion of mud that is also discharge with cutting or solid. Use proper shale shaker screen.

Oil 52
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Mud tanks Miscellaneous components

Rig Skills

mud tanks are important rig components that are used for storing mud for oil and gas drilling operation. Mud funnel is used to measure mud viscosity Trip Tank Is 50 to 60 bbl tank used to monitor well while RIH and POOH, Active tank Is mud tank from where mud is sucked and pump to well and is same tank where return come back.

BBL 52
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Oil Review Middle East - Untitled Article

Oil Review Middle East

The field is operated by North Oil Company, a joint venture between QatarEnergy (70%) and TotalEnergies (30%). The company says its strong relationship with NOC, going back to 2017, was a key factor in retaining the contract, along with its record of past performance, knowledge of NOCs assets and availability of resource within the country.

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Know Mostly used Drilling Rig Acronyms

Rig Skills

Let see some mostly used acronyms in oil and gas drilling rig operational game plan and daily drilling report. Drilling rig operation report also called daily drilling report or DDR contain several acronyms. These acronyms minimize drilling report size and make it easy to read and understand.

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Condensate Recovery Solutions from OilPro

OilPro

OilPro is constantly on the lookout for new solutions that help those in the oil & gas business do business better. A modern solution can also potentially help you generate revenue by selling condensate or by blending it with oil sales, as we’ll see below. There are so many ways a business can accomplish this.