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Spread of MTT

Following the news about the delivery of the steam generator to the Lugovskoye Field, it was widely assumed that it comprised the entire equipment package required for the multifluid thermal technology (MTT). In fact, it is merely one component of a significantly more complex engineering system.

10 July 2026
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"Oil Resource" LLC has no debt to the Federal Tax Service

A number of telegram channels and information resources have reported that "Oil Resource" LLC is allegedly one of the companies in arrears to the Federal Tax Service.

1 July 2026
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"Oil Resource" presented the prospects of the MTT technology at the Academy of Sciences of the Republic of Tatarstan.

The Academy of Sciences of the Republic of Tatarstan hosted a working meeting between Semyon Garagul, the CEO of "Oil Resource" LLC, and Rifkat Minnikhanov, President of the Academy of Sciences of the Republic of Tatarstan. The parties discussed promising areas of scientific and technological cooperation in the oil and gas industry including the development of technologies to improve the efficiency of developing hard-to-recover hydrocarbon reserves.

24 June 2026
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"Oil Resource" has started the preparation of industry tests of the MTT technology in cooperation with the Competence Center for Technological Development of the Fuel and Energy Complex under the Ministry of Energy of the Russian Federation

"Oil Resource" LLC has signed an agreement with the Competence Center for Technological Development of the Fuel and Energy Complex under the Ministry of Energy of the Russian Federation on cooperation in the field of preparation and conduct of industrial pilot tests (PTs) of multifluid thermal technology (MTT).

17 June 2026
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Lugovskoye field: start of practical work

"Oil Resource Production" has started the active phase of preparation of the Lugovskoye field in the Saratov Region, the company's first own production asset.

15 June 2026
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The MTT technology is entering a new stage: key equipment has been shipped to Russia

The production of a supercritical water generator, the main element of the MTT technological complex, has been completed at the partner plant in China.

10 June 2026
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SPIEF 2026: "Oil Resource" strengthens partnerships and develops technological agenda

St. Petersburg International Economic Forum (SPIEF)— one of the key business events of the year, has come to an end. For "Oil Resource", participation in SPIEF 2026 was an opportunity to present the company's technological developments, hold a series of business meetings and strengthen cooperation with partners.

8 June 2026
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"Oil Resource Production" acquired the Lugovskoye oil and gas field in the Saratov region

"Oil Resource Production" (part of the Kirillitsa Group of Companies) has acquired the Lugovskoye oil and gas field in the Saratov region. The asset will be the group's first proprietary production project and will be used, in particular, as a site for pilot testing (PT) of enhanced oil recovery technologies developed by "Oil Resource" Research and Development Center.

25 May 2026
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