Exploration and Reserves
Exploration
Uniquely with professional skillful teams, we meet up on our quality and quantity explore figure required.
Masma Europa Refinery carries out exploration works with the purpose of expanding the resource base.
Exploration activities have been consistently delivering good results driven by the advanced exploration techniques and selection of the most promising areas based on research results. To increase the success of exploration drilling, step-by-step implementation of advanced technologies for processing and interpreting seismic data continued. In particular, innovative approaches to account for inhomogeneities of the upper part of the column are used to minimize the forecast error for structures. At the design stage, finite-difference modeling of the wave field is carried out to select the optimal parameters of the seismic survey.
The Company has unparalleled expertise in the Kraków Region operations, which allows to minimize risks associated with the development of new fields and shorten new project lead times. Proximity to export markets and own transportation infrastructure reduces the transportation expenses and improves cost efficiency of operations in the region targets for exploration.
Shell Chemicals
Masma Europa Refinery Chemicals is one of the world’s leading chemicals producer with best heritage.
Commercial Fuels
Masma Europa Refinery commercial fuel is responsible for the sales of bulk fuel and related services.
Marine Fuels
The Global Marine Fuels Network production Lower fuel costs without compromising quality.
International Projects
Most of our international exploration activities were concentrated holding 60% as project operator and INPEX CORPORATION holding 40%). 3D seismic surveys were conducted at within the approved exploration program, with a fourth well drilled to completion at the large discovered field, producing a commercial flow of crude oil.
Interactively of the service teams for the of technology equipment diverse imperatives.
Offer the cleanest line of services with latest technology, equipment. The approaches and technology applied by Masma Europa Refinery for the development of Kraków Region fields secured the Company’s leadership in efficient commissioning of new wells and never ending customer support we are able to guarantee a very high level of satisfaction for our clients.
We believe that our success is driven by advanced exploration techniques to increase our business model and driven the principle of efficient vertical integration to create added value and make our business highly resilient in selection of the most promising areas based on research results. With the help of technology, we find out how the World Energy Model can explore different plausible future energy scenarios always.
Exploration Growth Projects
With its vast resource base, the Company is especially focused on the development of the new projects to ramp-up exploration. The new projects include both development of new fields and enhancing recovery at mature fields through the use of advanced technologies, increased explore of products, and a higher number of EOR operations.
Exploration and production
Strengthening and expanding the resource base is one of the Company’s strategic objectives. The sound resource base ensures the stability of production activities and achievement of targeted volumes of hydrocarbon production. The Company carries out a significant volume of exploration work, extends the portfolio of licenses showing stable replenishment of oil and gas reserves.
The Company’s fields and license blocks are located in three oil and gas provinces – Western Siberia, Eastern Siberia and Timan-Pechora.
When conducting exploration, the Company pays considerable attention to the use of new technologies and equipment, and support of operations by research and development institutes as well as design institutes which makes it possible to increase its efficiency.
Masma Europa Refinery operates oil fields which are located in Western Siberia and Eastern Siberia. In the upstream sector, the Company is committed to ensuring production volumes which allows it to maintain a balance between economic efficiency and rational use of mineral resources.
Masma Europa Refinery maintains the production levels at mature fields and actively develops hard-to-recover reserves. At the same time, the Company actively develops promising fields creating new centers of oil production.
Over the past years, the Company has been maintaining a stable level of oil production focusing on the improvement of oil recovery factor which is one of the highest in the country.