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  5. Volga Gas Eyes Drilling Six Exploratory Wells Before Year End

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Volga Gas Eyes Drilling Six Exploratory Wells Before Year End

Fri, 14th Aug 2020 11:12

(Alliance News) - Volga Gas PLC has kicked off drilling three wells in the North-Uzen structure, the Russia-focused oil & gas firm said on Friday.

Volga plans to drill six exploratory wells between now and the end of 2020.

"The combined unrisked resources in these prospects are estimated by management to total approximately 14 million barrels," the company said.

Volga said it has cut capital expenditure in the first half due to sharp commodity price falls.

Shares in the company were untraded at 23.25 pence each in London on Friday morning.

By Eric Cunha; ericcunha@alliancenews.com

Copyright 2020 Alliance News Limited. All Rights Reserved.

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20 May 2019 11:09

Lower prices put dent in higher production numbers for Volga Gas

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3 May 2019 10:21

Volga Gas Output Drops In April On Plant Maintenance, Reduced Capacity

LONDON (Alliance News) - Volga Gas PLC on Friday said its average daily production from Russian assets was lower in April compared to the prior month.The exploration and production company

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23 Apr 2019 16:08

Volga Gas Trades In Line With Forecasts, Shares Jump Sharply

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8 Apr 2019 10:26

Volga Gas' profits leap after sales volumes improve

(Sharecast News) - Volga Gas' shares climbed after the company said the construction of a new unit and higher annual sales volumes drove revenues and profits higher.

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8 Apr 2019 10:07

Volga Gas 2018 Profit Leaps Ahead Of Forecasts As Gas Production Rises

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4 Mar 2019 12:15

Volga Gas Production Improves In February As Adds Dobrinskoye Well

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18 Feb 2019 18:15

Volga Gas To Appoint New Non-Exec Director After Michael Calvey Arrest

LONDON (Alliance News) - Volga Gas PLC on Monday said four employees of Baring Vostok have been arrested and detained at the order of a Moscow district court.The oil & gas exploration a

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5 Feb 2019 10:33

Volga Gas Expects 2019 Output Up 15% Despite Flat January Production

LONDON (Alliance News) - Volga Gas PLC on Tuesday said its average daily production from Russian assets was flat in January on the prior month.The company said average production of gas, in

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8 Jan 2019 14:18

Production volumes fall for Volga Gas in December

(Sharecast News) - Russia-focussed oil and gas exploration and production group Volga Gas announced its average production volumes for December, and for the full 2018 year on Tuesday, reporting that in December, average gas processing capacity utilisation decreased by 4% compared to November.

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8 Jan 2019 09:56

Volga Gas December Production Falls On Weather Disruptions

LONDON (Alliance News) - Volga Gas PLC on Tuesday said its average daily production from Russian assets decreased in December.The exploration company said the average production of gas, oil

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4 Dec 2018 13:36

Volga Gas Reports Decline In Average Daily Production In November

LONDON (Alliance News) - Volga Gas PLC on Monday said its average daily production decreased slightly in November.The exploration company said the average production of gas, oil and in down

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6 Nov 2018 10:03

Volga Gas October Production Rises Due To Completed Maintenance

LONDON (Alliance News) - Volga Gas on Tuesday said its average daily production rose substantially in October, following a Gazprom pipeline maintenance programme that restricted output in oil and

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5 Oct 2018 08:14

Volga Gas Production Falls In September On Pipeline Maintenance

LONDON (Alliance News) - Volga Gas PLC on Friday said its average daily production decreased in September after it resumed pipeline maintenance programme.The exploration company said the of

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28 Sep 2018 13:28

Volga Gas Sees Half-Year Profit Rise On Court Judgement Proceeds

LONDON (Alliance News) - Russia-focused exploration company Volga Gas PLC on Friday said its profit rose in the first half of the year due to court judgement proceeds.The oil& gas a for

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6 Sep 2018 12:07

Volga Gas Production Rises Significantly In August After July Downtime

LONDON (Alliance News) - Oil & gas exploration and production company Volga Gas PLC on Thursday said total production increased from July to August after its July production had suffered the a

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