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CIS

Few places in the world can equal the number of undeveloped discoveries in the CIS. Just consider the following information from the IRIS database of IHS:

  • Russia is the world’s second largest oil producer and the largest gas exporter.
  • Western Siberia has approximately 75 percent of the country’s proven and probable oil and gas reserves.
  • Western Siberia has produced more hydrocarbons compared with any other country in the world.
  • Azerbaijan and Kazakhstan together account for over 90% of the oil reserves of the former Soviet republics that border the Caspian Sea.
  • Kazakhstan has the fastest growing hydrocarbon production  rate in the world 

All the above make Russia and the CIS an excellent prospect for exploration and new ventures.  Learn more

 

"As LUKOIL Overseas rapidly expands its global holdings, IHS serves as our trusted source of exploration and production data, and analysis solutions.  From a central location, we can evaluate new investment opportunities and make decisions quickly and cost-effectively, whilst minimising risk."

Galina Shevelova
Field Model Monitoring and Data Management Division Manager

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"When we took on a major evaluation project for topside facilities we identified QUE$TOR as the right tool for the job..."  

Steve Johnson, Doris Engineering
 

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