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Drilling in Russian

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After the departure of foreign players, the Russian oilfield services sector faced the need to accelerate the development of its own technologies for the development of new hydrocarbon provinces. Market participants believe that the main obstacle to this is the lack of investment, which can be offset by government support. If dependence on foreign technologies continues, oil production in Russia may fall by 20% by 2030, experts predict.

After the departure of foreign players, the Russian oilfield services sector faced the need to accelerate the development of its own technologies for the development of new hydrocarbon provinces. Market participants believe that the main obstacle to this is the lack of investment, which can be offset by government support. If dependence on foreign technologies continues, oil production in Russia may fall by 20% by 2030, experts predict.


Hydrocarbon production in Russia is becoming more difficult every year due to the transition of the largest fields to a mature phase. Until now, the bulk of oil and gas production comes from fields discovered back in the USSR. According to Rosnedra, the depletion of reserves in traditional oil and gas production regions reaches 88%, and the majority of the 222 fields discovered over the past five years (80-90%) are small and very small in terms of reserves.


Against this background, prospecting, exploration and production are gradually shifting to poorly studied and hard-to-reach regions, where the main issue for companies is the availability of the necessary technologies for geological exploration. As the head of Rosnedra Evgeny Petrov stated in early April, "the era of large deposits is over." "We are working with increasingly complex complex deposits at great depths. Today, one of the important tasks is to ensure technological sovereignty, because it is technology that ensures production costs. The leaders will be those countries that will be able to work correctly with production costs in the next 10-20 years," he explained.


Also, as the head of the service noted at the "National Oil and Gas Forum", the development of technologies will make it possible to make hard-to-recover reserves profitable, the volume of which is about 970 billion tons of geological reserves and 3.4 billion tons of recoverable reserves. "These are colossal reserves that need to be worked with," he noted.


In the changed conditions with a shortage of technological solutions and high development costs, further development of the shelf in Russia has ceased to be a priority for oil and gas companies, noted the head of one of the leaders of the Russian seismic exploration sector, the company Geotek, Roman Panov.Thus, the basis for ensuring the country's raw material and energy security has become the intensification of onshore exploration in poorly explored regions. This primarily concerns Eastern Siberia and the Far East, where the density of drilling and seismic exploration is more than ten times lower than in the country's main oil and gas provinces.


However, over the past ten years, according to Mr. Panov, the dynamics of such important exploration stages as regional 2D seismic and parametric drilling have gradually decreased. Compared to 2014, the volume has decreased by half. The reduction in the volume of work in these segments was mainly due to a reduction in budget funding. The company points out that such a depletion of the exploration reserve reduces the interest of subsoil users in licensing. Therefore, it is necessary to stabilize the volume of regional 2D land seismic exploration at the level of 15-20 thousand. linear km and maintain the volume of parametric drilling of at least 10-12 thousand meters per year, says Roman Panov.


Seismic exploration companies have sufficient competencies and technologies to intensify work on land. For example, Russian geophysicists successfully apply modern methods of seismic signal excitation. But the main seismic recording equipment on land is produced by foreign companies and is not supplied to Russia due to external restrictions. According to Geotek, the equipment available in the country is sufficient to carry out the required volume of work for the next five years. "Russian geophysicists have 3-5 years to create a reliable cable system or switch to cable-free systems," Mr. Panov explained in his report. Other vulnerable items on the import substitution list, in addition to cable recording systems for ground work, are equipment for navigation and geodetic referencing, as well as software for processing and interpreting seismic exploration data. At the same time, the head of Geotek I am confident that the current situation is not only a challenge, but also an opportunity for the industry, including due to the reduction in the share of foreign oilfield service companies in the Russian market.


At the moment, dependence on Western technologies is high in many segments. As calculated by Yakov and Partners,In the field of hydraulic fracturing (HF), this share reaches 52%, for offshore production it is 90%, for marine production it is 80%, and for marine seismic exploration it is 70%. Experts believe that if such dependence in high-tech oilfield services on Western companies is maintained, Russia risks reducing oil production by 20%, to 409 million tons, by 2030.


However, the development of our own equipment and technologies in Russia is still limited by the lack of funds among companies. As Roman Panov explained, it is now practically impossible to move to a new technological level of development due to the shortage of investment capital. According to Andrey Fedorov, chief geophysicist at Geotek, the introduction of domestic technologies will also contribute to an increase in the volume of work while reducing its cost. Including with the help of such methods as the technology for collecting seismic data using independent excitation by pulsed sources in motion (ISSD) developed by Geotek. It allows for a multiple increase in data density and productivity with better quality of the final results of the work. In addition to the new ISSD system, Geotek produces new series of pulse sources that replace traditional ones (dynamite and vibration sources) in areas where their use is difficult for various reasons.


At the same time, according to experts from Yakov and Partners, the development of new technologies by oilfield service companies is hampered not only by a lack of investment, but also by the established model of interaction with vertically integrated companies. “In essence, domestic oil services are largely represented by small and medium-sized businesses, which cannot compete on equal terms with the majors in terms of technology,” analysts believe. They note that in order to mitigate risks and accelerate the development of the oilfield services market in Russia by 2030, it is necessary, among other things, to approve a list of critically important technologies, agree with oil and gas companies on target demand volumes and the necessary quality parameters of technologies, and also determine specific measures of state support.


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for offshore production - 80%, for offshore seismic exploration - 70%. Experts believe that if such dependence on Western companies in high-tech oilfield services continues, Russia risks reducing oil production by 20%, to 409 million tons, by 2030.


However, the development of our own equipment and technologies in Russia is still limited by the lack of funds among companies. As Roman Panov explained, it is now practically impossible to move to a new technological level of development due to the shortage of investment capital. According to the chief geophysicist of Geotek, Andrey Fedorov, the introduction of domestic technologies will also contribute to an increase in the volume of work while reducing their cost. Including with the help of such methods as the technology of collecting seismic data using independent excitation by pulsed sources in motion (ISSD) developed by Geotek. It allows for a multiple increase in data density and productivity with better quality of the final results of the work. In addition to the new ISSD system, Geotek produces new series of pulse sources that replace traditional ones (dynamite and vibration sources) in areas where their use is difficult for various reasons.


At the same time, according to experts from Yakov and Partners, the development of new technologies by oilfield service companies is hampered not only by a lack of investment, but also by the established model of interaction with vertically integrated companies. “In essence, domestic oil services are largely represented by small and medium-sized businesses, which cannot compete on equal terms with the majors in terms of technology,” analysts believe. They note that in order to mitigate risks and accelerate the development of the oilfield services market in Russia by 2030, it is necessary, among other things, to approve a list of critically important technologies, agree with oil and gas companies on target demand volumes and the necessary quality parameters of technologies, and also determine specific measures of state support.


kommersant

for offshore production - 80%, for offshore seismic exploration - 70%. Experts believe that if such dependence on Western companies in high-tech oilfield services continues, Russia risks reducing oil production by 20%, to 409 million tons, by 2030.


However, the development of our own equipment and technologies in Russia is still limited by the lack of funds among companies. As Roman Panov explained, it is now practically impossible to move to a new technological level of development due to the shortage of investment capital. According to the chief geophysicist of Geotek, Andrey Fedorov, the introduction of domestic technologies will also contribute to an increase in the volume of work while reducing their cost. Including with the help of such methods as the technology of collecting seismic data using independent excitation by pulsed sources in motion (ISSD) developed by Geotek. It allows for a multiple increase in data density and productivity with better quality of the final results of the work. In addition to the new ISSD system, Geotek produces new series of pulse sources that replace traditional ones (dynamite and vibration sources) in areas where their use is difficult for various reasons.


At the same time, according to experts from Yakov and Partners, the development of new technologies by oilfield service companies is hampered not only by a lack of investment, but also by the established model of interaction with vertically integrated companies. “In essence, domestic oil services are largely represented by small and medium-sized businesses, which cannot compete on equal terms with the majors in terms of technology,” analysts believe. They note that in order to mitigate risks and accelerate the development of the oilfield services market in Russia by 2030, it is necessary, among other things, to approve a list of critically important technologies, agree with oil and gas companies on target demand volumes and the necessary quality parameters of technologies, and also determine specific measures of state support.


kommersant

that if such dependence on Western companies in high-tech oilfield services is maintained, Russia risks reducing oil production by 20%, to 409 million tons, by 2030.


However, the development of domestic equipment and technologies in Russia is still limited by the lack of funds among companies. As Roman Panov explained, it is now practically impossible to move to a new technological level of development due to the shortage of investment capital. According to Andrey Fedorov, chief geophysicist at Geotek, the introduction of domestic technologies will also contribute to an increase in the volume of work while reducing their cost. Including with the help of such methods as the technology of seismic data collection developed by Geotech using independent excitation by pulsed sources in motion (ISSD) technology. It allows to increase data density and productivity several times with better quality of final results of the work. In addition to the new ISSD system, Geotech produces new series of pulse sources that replace traditional ones (dynamite and vibration sources) in areas where their use is difficult for various reasons.


At the same time, according to experts from Yakov and Partners, the development of new technologies by oilfield service companies is hampered not only by a lack of investment, but also by the established model of interaction with vertically integrated companies. “In essence, domestic oil services are largely represented by small and medium-sized businesses, which cannot compete on equal terms with the majors in terms of technology,” analysts believe. They note that in order to mitigate risks and accelerate the development of the oilfield services market in Russia by 2030, it is necessary, among other things, to approve a list of critically important technologies, agree with oil and gas companies on target demand volumes and the necessary quality parameters of technologies, and also determine specific measures of state support.


kommersant

that if such dependence on Western companies in high-tech oilfield services is maintained, Russia risks reducing oil production by 20%, to 409 million tons, by 2030.


However, the development of domestic equipment and technologies in Russia is still limited by the lack of funds among companies. As Roman Panov explained, it is now practically impossible to move to a new technological level of development due to the shortage of investment capital. According to Andrey Fedorov, chief geophysicist at Geotek, the introduction of domestic technologies will also contribute to an increase in the volume of work while reducing their cost. Including with the help of such methods as the technology of seismic data collection developed by Geotech using independent excitation by pulsed sources in motion (ISSD) technology. It allows to increase data density and productivity several times with better quality of final results of the work. In addition to the new ISSD system, Geotech produces new series of pulse sources that replace traditional ones (dynamite and vibration sources) in areas where their use is difficult for various reasons.


At the same time, according to experts from Yakov and Partners, the development of new technologies by oilfield service companies is hampered not only by a lack of investment, but also by the established model of interaction with vertically integrated companies. “In essence, domestic oil services are largely represented by small and medium-sized businesses, which cannot compete on equal terms with the majors in terms of technology,” analysts believe. They note that in order to mitigate risks and accelerate the development of the oilfield services market in Russia by 2030, it is necessary, among other things, to approve a list of critically important technologies, agree with oil and gas companies on target demand volumes and the necessary quality parameters of technologies, and also determine specific measures of state support.


kommersant

It is practically impossible to move to a new technological level of development now due to the lack of investment capital. According to Andrey Fedorov, chief geophysicist at Geotek, the introduction of domestic technologies will also contribute to an increase in the volume of work while reducing its cost. Including with the help of such methods as the technology for collecting seismic data using independent excitation by pulsed sources in motion (ISSD) developed by Geotek. It allows for a multiple increase in data density and productivity with better quality of the final results of the work. In addition to the new ISSD system, Geotek produces new series of pulse sources that replace traditional ones (dynamite and vibration sources) in areas where their use is difficult for various reasons.


At the same time, according to experts from Yakov and Partners, the development of new technologies by oilfield service companies is hampered not only by a lack of investment, but also by the established model of interaction with vertically integrated companies. “In essence, domestic oil services are largely represented by small and medium-sized businesses, which cannot compete on equal terms with the majors in terms of technology,” analysts believe. They note that in order to mitigate risks and accelerate the development of the oilfield services market in Russia by 2030, it is necessary, among other things, to approve a list of critically important technologies, agree with oil and gas companies on target demand volumes and the necessary quality parameters of technologies, and also determine specific measures of state support.


kommersant

It is practically impossible to move to a new technological level of development now due to the lack of investment capital. According to Andrey Fedorov, chief geophysicist at Geotek, the introduction of domestic technologies will also contribute to an increase in the volume of work while reducing its cost. Including with the help of such methods as the technology for collecting seismic data using independent excitation by pulsed sources in motion (ISSD) developed by Geotek. It allows for a multiple increase in data density and productivity with better quality of the final results of the work. In addition to the new ISSD system, Geotek produces new series of pulse sources that replace traditional ones (dynamite and vibration sources) in areas where their use is difficult for various reasons.


At the same time, according to experts from Yakov and Partners, the development of new technologies by oilfield service companies is hampered not only by a lack of investment, but also by the established model of interaction with vertically integrated companies. “In essence, domestic oil services are largely represented by small and medium-sized businesses, which cannot compete on equal terms with the majors in terms of technology,” analysts believe. They note that in order to mitigate risks and accelerate the development of the oilfield services market in Russia by 2030, it is necessary, among other things, to approve a list of critically important technologies, agree with oil and gas companies on target demand volumes and the necessary quality parameters of technologies, and also determine specific measures of state support.


kommersant

which replace traditional ones (dynamite and vibration sources) in areas where their use is difficult for various reasons.


At the same time, according to experts from Yakov and Partners, the development of new technologies by oilfield service companies is hampered not only by a lack of investment, but also by the established model of interaction with vertically integrated companies. “In essence, domestic oil services are largely represented by small and medium-sized businesses, which cannot compete on equal terms with the majors in terms of technology,” analysts believe. They note that in order to mitigate risks and accelerate the development of the oilfield services market in Russia by 2030, it is necessary, among other things, to approve a list of critically important technologies, agree with oil and gas companies on target demand volumes and the necessary quality parameters of technologies, and also determine specific measures of state support.


kommersant

which replace traditional ones (dynamite and vibration sources) in areas where their use is difficult for various reasons.


At the same time, according to experts from Yakov and Partners, the development of new technologies by oilfield service companies is hampered not only by a lack of investment, but also by the established model of interaction with vertically integrated companies. “In essence, domestic oil services are largely represented by small and medium-sized businesses, which cannot compete on equal terms with the majors in terms of technology,” analysts believe. They note that in order to mitigate risks and accelerate the development of the oilfield services market in Russia by 2030, it is necessary, among other things, to approve a list of critically important technologies, agree with oil and gas companies on target demand volumes and the necessary quality parameters of technologies, and also determine specific measures of state support.


kommersant