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Gold/Mining/Energy : Big Dog's Boom Boom Room

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To: Dennis Roth who wrote (180602)	10/9/2013 10:24:48 AM
From: Dennis Roth	1 Recommendation Recommended By LoneClone Read Replies (4) of 206099

Gazprom (GAZP.MM) Alert: Export surge extends into October, all-time record in sight 8 October 2013 ¦ 8 pages ir.citi.com After a record summer and an equally strong September, Gazprom’s European exports are continuing to hold at high levels in the early days of 4Q13. Our 155bcm 2013 export assumption – increased last month – is looking conservative, and Gazprom’s role as Europe’s swing supplier is looking increasingly secure. ---- Gazprom Neft unit performs multiple frac operations in Orenburg field HOUSTON, Oct. 4 ogj.com 10/04/2013 By OGJ editors Gazprom Neft says its subsidiary has performed multiple hydraulic fracturing operations for the first time in horizontal wells drilled into carbonate reservoirs in the eastern area of Orenburg oil and gas-condensate field. Gazprom Neft Orenburg’s efforts in the field are part of the company’s tight reserves program. The drilling of horizontal wells using multiple fracing “is the key technology for development of tight reserves,” the company said, adding that the multistage borehole operations increase oil recovery by impacting individual strata one at a time. The company conducted five-stage fracing operations on two wells, and estimates combined average flow rate of both wells will total 80 tonnes/day via natural flow. The company said horizontal length reached 600 m. Acid multiple fracing involves metered injection of a gelatinous compound and inhibited hydrochloric acid into the stratum. Gazprom Neft said the east area of Orenburg field is unique and one of the largest fields in the Orenburg region. Development of the field is complicated primarily by its geological characteristics, since fractured carbonate reservoirs with a high gas-oil ratio and hydrogen sulfide content predominate at the field.

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