Volga Gas announces oil discovery in Russia’s Volga region

first_img Volga Gas announces oil discovery in Russia’s Volga region. (Credit: Anita starzycka from Pixabay) Volga Gas plc, the oil and gas exploration and production group operating in the Volga Region of Russia, is pleased to announce a potentially significant discovery of a new oil field in its ongoing exploration drilling programme.As announced on 14 August 2020 and in the Interim Report released on 30 September 2020, the Group is undertaking a programme of drilling six slim hole exploration wells within its Karpenskiy Licence Area in structures separate from its existing oil reserves in the Uzen field.As announced in the Interim Report, a well in the North Uzen structure established the presence of oil in a Triassic aged sandstone formation.  This will be subject to flow testing after undertaking a fracture stimulation operation which management considers necessary as the oil pay is inferred to be of low permeability.More significantly, drilling on the Novo Kurilovskiy prospect reached a depth of approximately1,200 metres.  While the initial target interval, the cretaceous Aptian formation at a depth of 900-1,000 metres, had no shows of hydrocarbons, in the deeper Jurassic interval between 1,144 and1,218 metres a total of 60 metres of oil bearing pay was identified with cores taken during drilling.  Since the potential pay thickness is in excess of the calculated depth of the structural closure from seismic mapping, this indicates a potential stratigraphic element to the prospect, with implications of significant upside in terms of gross oil in place.The commercial significance of this discovery will depend on the characteristics of the reservoir which are still unknown.The immediate plan is to complete drilling down to Permian salt layer, open-hole logging and casing, which could take 10-14 days.  On completion of the drilling phase, a workover rig will be moved onto location to proceed with cased hole logging, perforations and testing. This could take additional 10-20 days, depending on the number of intervals selected for testing.Prior to drilling, management had assessed unrisked potential recoverable oil in the Novo Kurilovskiy prospect at approximately 8 million barrels of prospective resources.  The thickness of the pay logged to date and the possibility of a stratigraphic element to the prospect suggests that this could be a significantly larger size.  However, commercial viability of the discovery depends on cased hole testing and it will require additional wells and new seismic will be necessary to give a level of confidence to calculate reserves in accordance with SPE standards.Further announcements will be made as results become available.  The 2020 exploration drilling programme on the other four exploration targets in Karpenskiy Licence Area continues in addition to the appraisal and evaluation of the prospects already drilled. Source: Company Press Release The Group is undertaking a programme of drilling six slim hole exploration wells within its Karpenskiy Licence Area in structures separate from its existing oil reserves in the Uzen fieldlast_img read more

In pictures: the well that led to a £200,000 fine for Wiltshire agent

first_imgHome » News » Agencies & People » In pictures: the well that led to a £200,000 fine for Wiltshire agent previous nextAgencies & PeopleIn pictures: the well that led to a £200,000 fine for Wiltshire agentInjuries to property viewer prior to property auction prompted HSE investigationNigel Lewis27th February 20170838 Views Picture: Malmesbury Fire StationThis is the well that a 39-year-old woman fell down last April while taking part in an open house event at a property in Malmesbury, Wiltshire.The agent which conducted the viewing, Strakers, was fined £200,000 last week by Swindon Magistrates Court after the woman, Lucy Driver, stepped onto a wooden board covering the well, which then gave way.During the case, which was brought by the Health and Safety Executive, the court heard that the agent, which has a branch in the town, had been warned about the well being unsafe during a previous viewing.Strakers’ managing director Anthony Bulley told the BBC that directors and staff had been ‘deeply distressed’ by the incident, and that the company had “carried out extensive internal investigations and have fully cooperated with the Health and Safety Executive throughout culminating in a plea of guilty at the earliest opportunity presented,” he said.Mrs Driver had to be rescued by firemen after falling 30 feet down the well and suffering head injuries, ‘whole body whiplash’ and later Post-traumatic Stress Disorder after spending more than an hour at the bottom of the well in water while awaiting rescue. During the incident, a neighbour used a hosepipe to help Mrs Driver stay afloat in the well.One significant factor in the case that emerged during evidence given during the case was that are the difficulties for agents conducting viewings at probate sales.The HSE investigation concluded that Strakers did not have a health and safety management system in place for probate properties; the Malmsbury property was part of an estate of a woman who had died and therefore there was no one to ask about possible site risks, the HSE discovered.The house (pictured) which is in the centre of Malmsbury on its historic ‘triangle’ intersection, went on to be sold at auction at the company’s Corn Exchange sale rooms in Devizes for £160,000, £10,000 more than its asking price.Malmesbury Strakers wiltshire February 27, 2017Nigel LewisWhat’s your opinion? Cancel replyYou must be logged in to post a comment.Please note: This is a site for professional discussion. Comments will carry your full name and company.This site uses Akismet to reduce spam. Learn how your comment data is processed.Related articles Letting agent fined £11,500 over unlicenced rent-to-rent HMO3rd May 2021 BREAKING: Evictions paperwork must now include ‘breathing space’ scheme details30th April 2021 City dwellers most satisfied with where they live30th April 2021last_img read more

Costs fuel prices

first_imgBritish bread prices have risen by between 15 to 20% in the past year as commo-dity and fuel costs bite, but a loaf of bread is still cheaper here than in most of the rest of the world.These are the findings of the Economist Intelligence Unit’s (EIU’s) latest Worldwide Cost of Living Survey (BB, 18 January, pg 4) which found that the average price of a kilo of bread in London rose from £1.09 in September 2006 to around £1.45 a year later. In Manchester, prices rose from 88p to £1.11 in the same period. The EIU said that rises in the UK had been compounded by the strength of sterling and weakness of the US dollar. “This has seen the relative cost boosted further compared to countries with weakening currencies or those linked to the dollar,” said Jon Copestake, food and drink analyst and EIU survey editor.Despite the price rises, London ranked a lowly 70th place out of 130 cities around the world researched by the EIU, with Manchester coming in at number 93. Bread is more expensive in cities includng Warsaw in Poland, Istanbul in Turkey and Madrid in Spain. The most expensive city for bread remains Vienna in Austria, with bread prices averaging £4.22 per kilo.”Bread prices in the UK have risen as rising commodity prices have been gradually passed on to consumers,” said Copestake. “In Manchester, prices surveyed rose 15.2% in the last year, although only 1.2% in the last six months. In London, bread prices rose 20.1% in the last year, 13.6% of which came in the last six months.”Huw Edwards, Asda bakery director, backed the assessment. “Rising ingredients costs, particularly flour and fat, are by far the biggest factors for price rises, but high fuel and energy costs have also had a big impact.”Commenting on the different average bread prices in Manchester and London, Edwards added: “Asda has a national pricing policy and, as far as I’m aware, so do the other big supermarkets. I put the price differences down to local bakeries charging more in the capital, as they have larger overheads.”Joe Street, MD of plant baker Fine Lady Bakeries, said he attributed the price difference between north and south to an increased presence of premium breads in the capital. “It has to be down to product mix, with fewer premium breads up north,” he said, adding that soaring flour prices were the biggest cost pressure to face bakers.The EIU compiled the data via an international network of mystery shoppers. The three categories – low, medium and high – relate to different types of retailer. ’Low’ covers supermarket chains, such as Tesco, ’medium’ equates to top-end supermarkets, such as M&S, and ’high’ comprises craft shops and department store food halls. The research found that low-end bread had risen steeply in price, up from 61p per kilo in London in 2006 to around £1 in 2007.Copestake said the UK’s low position on the bread price list could be explained by the fact that 800g loaves dominate in Britain compared to 400g in many other countries. “Bread in the UK is seen as much more of a staple than in other countries and, as such, production is highly developed and commoditised compared to other markets,” he said.”Large-scale consumption allows companies to exploit economies of scale and the market is also highly competitive.”last_img read more

Press release: Business Secretary chairs taskforce to support small businesses and workers affected by Carillion insolvency

first_imgA taskforce set up to monitor and advise on mitigating the impacts of Carillion’s liquidation on construction firms, particularly SMEs and those working in the sector, has met for the first time today (18 January 2018). Building on a series of meetings held by the Business Secretary this week with trade associations, unions and banks.Chaired by Greg Clark, with support from the Small Business Minister Andrew Griffiths, the taskforce’s attendees included representatives from leading business bodies, the construction trade sector, unions, banks and government.The taskforce will act as a means to work together to ensure the impact of the Carillion insolvency on the firm’s employees in the private, as well as public, sector is minimised and to help them recover.In a constructive meeting, members of the government’s taskforce on Carillion spoke about a range of issues, ranging from support by banks, the support on offer from HMRC for businesses, the offer from the Construction Industry Training Board for apprentices, and identified how relevant information can be shared to keep people in work and training.Greg Clark, welcoming the input of all the members, said: Today’s meeting is the next step in a series I have held this week. It got key people round the table to drive forward steps that we believe can give confidence to workers and the supply chain; support from banks, the ability to link workers with employment and support for apprentices. I am determined that collectively we will take the steps necessary to give workers and businesses the information they need at this difficult time. Issues to be covered in the next meeting will include job matching and contract matching.Today (18 January 2018), the Business Secretary has praised several banks who following his request have committed to providing support to small businesses affected by Carillion’s insolvency. This follows a meeting he held with them yesterday, where he asked them to commit to supporting SMEs affected.HMRC’s announcement highlighted several ways that the Business Payment Support Service can help those affected, including: agree instalment arrangements if you’re unable to pay your tax on time following the Carillion collapse suspend any debt collection proceedings review penalties for missing statutory deadlines reduce any payments on account agree to defer payments due to short-term cash flow difficulties Today’s taskforce meeting follows action outlined by the Department for Business, Energy and Industrial Strategy to address concerns set out earlier this week.last_img read more

News story: Carbon-cutting rail schemes share in multi-million pound government funding boost

first_imgThe report also highlights significant opportunities to cut carbon emissions in stations and depots, and underlines levels of support available from research and development funding.The UK is a world-leader when it comes to clean growth – reducing emissions while seizing the economic opportunities. Since 1990 the UK has cut emissions by more than 40% while continuing to grow the economy. We want a cleaner, greener rail network and transforming our trains will help make this a reality. The targets we set for 2040 are ambitious but are within our reach. It is encouraging to see the huge efforts already underway to make this happen. This funding will be vital in helping these fantastic projects adapt to the demands of rail and enable their potential roll-out, delivering a cleaner, healthier network for passengers. It also underlines the shared commitment of government and industry to ensuring we have a modern railway that protects our environment. Our report sets out a credible set of options to meet the challenge to decarbonise. We believe that there is a real opportunity for the rail industry in Great Britain to become a world leader in developing and delivering low carbon solutions. Rail media enquiries Media enquiries 020 7944 3021 Out of hours media enquiries 020 7944 4292 The FOAK competition, run by Innovate UK and part of the DfT’s wider Accelerating Innovation in Rail scheme, was launched in 2017 and focuses on 2 themes in this second round of funding – decarbonising of the railway and improving the passenger experience in stations. The 5 decarbonisation projects will get £350,000 each to allow them to be adapted for the rail network.Simon Edmonds, Manufacturing, Materials and Mobility Director, Innovate UK said:center_img The taskforce report, authored by former Angel Trains CEO Malcolm Brown, concludes that the removal of diesel-only passenger trains can be achieved by 2040, and outlines aims for further investment on a range of alternatives including bi-modes, hydrogen and battery trains.Among the priority lines for potential battery hybrid trains will be the Lakes Line in Cumbria. Train operator Northern will shortly submit a business plan for it to potentially be one of the first lines to benefit from this innovative technology.Manufacturer Alstom, engineering company Viva Rail, and rolling stock owners Angel Trains and Porterbrook are also developing a range of alternatively-fuelled trains for the UK network, including battery hybrids and hydrogen powered units.Malcolm Brown, Chairman of the Rail Industry Decarbonisation Task Force, said: Solar panels that directly power trains and a system that uses hydrogen and oxygen to produce steam to power engines are just 2 projects that have been given a share of £1.75 million in government funding for use on the rail network, Rail Minister Andrew Jones announced today (31 January 2019).Five projects have been chosen for development funding in the second round of the Department for Transport’s (DfT’s) First of a Kind (FOAK) competition, which focuses on innovative schemes that can cut the carbon footprint of the UK’s railways – part of the government’s drive to a cleaner, greener economy which is a key part of its modern Industrial Strategy.It comes as rail industry leaders publish the interim Rail Industry Decarbonisation Taskforce report addressing the challenge set by the DfT last year for cutting emissions and removing diesel-only trains from the network by 2040.Rail Minister Andrew Jones said: five innovative projects to receive £350,000 each from government to adapt their schemes for the rail network announcement comes as rail minister welcomes industry response to DfT’s challenge to cut diesel emissions on the network battery hybrid trains expected on the Lakes Line in the early 2020s could be an early example of the new technology Travelling or moving goods by train is rightly seen as more sustainable. Yet there is more we can do to make the railway cleaner and greener by decarbonisation. This can be achieved by deploying more energy-efficient systems, using lighter rolling stock and looking at technologies from other industries. The pioneering projects for which we have announced funding today can reduce both the costs and the carbon footprint of the railway industry and help innovative companies succeed, both here and in export markets. Switchboard 0300 330 3000last_img read more

Gary Clark Jr. Debuts New Song “Feed The Babies” On Colbert With Jon Batiste [Watch]

first_imgOn Thursday night, Gary Clark Jr. headed to The Late Show with Stephen Colbert to debut “Feed The Babies”, a brand-new song off his forthcoming LP, This Land. Where “This Land” sees a fiery Clark dig to the dark, gritty depths of his vocal range, the singer/guitarist utilizes his buttery falsetto for “Feed The Babies”, a more traditional blues tune.The appearance on Colbert came just hours after Clark released the mesmerizing video for the album’s title track along with the project’s release info (This Land arrives on March 1st via Warner Bros. Records). Seeing as he was in the presence of some top-notch musicians at the Ed Sullivan Theater, Clark performed the song with the help of the show’s house band, Jon Batiste and Stay Human. You can watch a video of the performance below.Gary Clark Jr w/ Jon Batiste and Stay Human – “Feed The Babies”[Video: The Late Show with Stephen Colbert]In addition to unveiling “Feed The Babies” with Batiste and company, Clark performed the weighty single, “This Land”, that they premiered along with its music video earlier that day. Check out that performance below.Gary Clark Jr. – “This Land”[Video: The Late Show with Stephen Colbert]Fans will get the chance to hear “This Land” and all the other new material featured on This Land when Clark heads out on his 2019 spring tour beginning with an opening night at the Fillmore Miami Beach at The Jackie Gleason Theater in Miami, Florida on March 9th. Tickets for the tour be found by heading to Gary Clark Jr.’s official website here. Fans can also click here to pre-order This Land ahead of its arrival in March.last_img read more

Volunteer army helps Florida elders book coveted COVID shots

first_imgMIAMI (AP) — A group of more than 100 volunteers in Florida is helping seniors navigate the technology-heavy process of getting a COVID-19 vaccine. The volunteers stepped in after seeing the chaos and confusion that erupted when the state opened up vaccine eligibility for residents 65 and older. They now spend hours toggling between numerous online registration platforms, checking on state vaccination supplies and making repeated calls to overloaded hotlines. Currently there are about 3,000 seniors waiting for one of the 120 volunteers to help them. To boost its efforts, the group is also encouraging technology-savvy young people to pitch in and help their older relatives navigate online systems.last_img

He’s on Broadway, Bitch! Emmy Winner Bryan Cranston on Going From Drug Dealer to President

first_img Related Shows “There’s more immediate reward on this stage than there was on the Breaking Bad set,” Cranston said. “You’re in the moment. You can say something and then hear an audience gasp or just hear them feel a sentence. Or laugh. It’s very powerful. With television and film, it’s different. It’s fun too but you have to wait a long time for that indulgence.” All the Way All The Way begins performances on February 10 at the Neil Simon Theatre. Say my name! Bryan Cranston is trading Heisenberg’s pork pie hat for LBJ’s spectacles in Robert Schenkkan’s All The Way. The Breaking Bad star is making his Broadway debut in the biographical play about Lyndon B. Johnson’s first year of presidency and his involvement with the Civil Rights Act of 1964. Rolling Stone caught up with the actor about his new gig. And now for the most important question: Will Cranston’s Breaking Bad co-star and “pal for life” Aaron Paul see the show? “He better!” Cranston said. View Comments Star Files Show Closed This production ended its run on June 29, 2014 “I was searching for something that would resonate with people,” Cranston said about choosing his next acting job. “It had to be entertaining, of course, but it also had to have some meaning beyond the words. I found a lot of layers in this show.” The screen star prepared to take on the iconic figure by reading up and visiting the LBJ Presidential Library in Texas. “A lot of things surprised me about his nature. He was a man who was accomplished and determined and politically savvy. At the same time there was a humorous side to him, and a fragility to his character that is also very interesting.” Bryan Cranstonlast_img read more

Thrifty shopping

first_imgClipping coupons and thrifty shopping are back in style. Reality shows and specialty blogs feature super coupon users who pay pennies on the dollar at the grocery store. Spending an hour or two preparing to shop before you head to the store can help you save money. Out of all of the categories in your personal spending plan, you have the most control over your food budget. The amount you spend at the grocery store depends entirely upon the choices you make. Here are some tips from University of Georgia Cooperative Extension for saving money when making food purchases.Make menus, then a shopping listPlan ahead. Think about the meals you need to prepare between now and the next time you will shop. The more detailed your menu is, the more help it will be when you get to the store. Better yet, use your menu to create your shopping list. Never go into the grocery store without a list. Shopping without a list makes you much more likely to buy impulse items and other things you may not need. Without a list, you are also more likely to forget something, which means making another trip to the grocery and more impulse buys. Get to know the store you use the most, and list the items you need in order of where they are in the store. Buy produce in seasonBuy fresh fruit and vegetables when they are in season. For example, instead of buying blueberries in winter months and paying for the shipping and import fees, buy them in the summer when they are more likely to be grown nearby. You get a fresher product and hang on to more of your money. The food section in your local newspaper usually features articles and recipes on seasonal items. Food companies release coupons to increase sales, especially for new products. Use coupons to save money on items you usually buy anyway. Avoid buying items you would not normally purchase just because you have a coupon. Even with a coupon, brand name products are often more expensive than other options. Consider buying the store brand instead of the national brand. If you compare ingredients, you will often find no difference between store and national brands. As far as taste goes, store brands are often as good and in some instances, even better than national brands.Use the unit price to compare costs. The unit price is how much the item costs per ounce, pound or other unit. Contrary to what many people think, the largest size is not always the cheapest. You can find the unit price on the shelf sticker. Paying attention to how you shop at the grocery store can help you get more for your food dollar. Saving a few dollars each trip to the store may seem to be more trouble than it is worth. Those few dollars each week can add up to a lot of money in a year or two.last_img read more

Pond Water

first_imgMany Georgia farmers use their fish ponds as water sources for livestock. A pond located in a pasture is a convenient and dependable source of water for stock, but letting cattle have free access to a pond is not the best decision for the animals, the pond or the fish that live there. From the standpoint of animal health, diseases are spread throughout the herd when animals come into contact with urine and/or feces discharged from infected animals. Since farm animals defecate in or around ponds, infection can spread rapidly through the contaminated drinking water.Allowing livestock free access to a pond also interferes with its fish production. Livestock erode the dam and shoreline area by wading into the pond, literally muddying the pond water. Muddy pond water can interfere with fish reproduction and slow fish growth, and ponds where livestock wade tend to remain muddy throughout the year. Muddy ponds enriched with manure are more likely to have a fish kill from summertime oxygen depletion. To prevent these problems, farmers should install a fence to keep livestock away from ponds. Water should be supplied to livestock through a tank equipped with a float control and located below the dam. Using this method, the water is cleaner, the livestock do not damage the dam and the pond can be more easily managed. Some Georgia farmers are eligible for cost share dollars to help pay for a system like this. Contact the U.S. Department of Agriculture Natural Resources Conservation Service’s state conservation office at (706) 546-2272 for more information on cost share assistance. For more on how to provide cattle with a quality water supply, see University of Georgia Cooperative Extension publication SB 56 at extension.uga.edu/publications/.last_img read more