In 2013 RussNeft increased oil production by 1.7% - up to 13.9 million tons
Moscow. Oil production output of OAO NK RussNeft by the results of 2012 amounted to 13.9 million tons which exceeds the analogous figure of 2011 by 1.7%, says the press-release of the company. “The positive indicator of hydrocarbon stock production was achieved due to efficient implementation of the Company’s large-scale production programs at the oilfields in Western Siberia and the Tomsk Region”, the press-release underlines.
Thus, in the Tomsk region RussNeft increased oil production by 54% - up to 1.045 million tons (in 2011 – 696.5 thousand tons). According to the Company data, this result was achieved due to development of utility infrastructure of the oilfields and drilling programs implementation. In future RussNeft is planning to found and develop a new production center on the basis of the Tomsk region oilfields, which is to become a substantial contribution to traditional production regions of the holding.
Development of Sapshinskaya group of oilfields is also one of strategic production project of the holding. According to the last year results, oil production at the license areas of the group amounted to 1.4 million tons. This year the Company is intended to increase crude oil production output at Shapshinskaya group by 7% - up to 1.5 million tons.
“One of substantial factors determining the positive dynamics of production indicators of the holding is commissioning of 138 new producing wells, their aggregate production gain amounted to 1 172 thousand tons”, RussNeft points out. “In the meanwhile Novo-Aganskoye and Poselkovoye oilfields were put into exploitation. 7 producing wells were drilled at Novo-Aganskoye, and 3 wells – at Poselkovoye.”
In 2012 RussNeft kept on implementing the projects aimed at increasing associated petroleum gas (APG) utilization efficiency, as well as the programs of natural gas production, gas processing and gas-energy. The Company worked up the design and budget documentation for 117 facilities, installed 59 gas metering stations, effected technical upgrading of 15 flaring systems.
In 2012 the Company assigned for construction of gas infrastructure facilities RUB1 756 million (in 2011 – RUB677 million). The total volume of OAO NK RussNeft investments in gas programs in 2012-2014 will amount to RUB6 billion 250 million.
Reserves growth in 2012 compensated production completely and amounted in category C1 to 600 million tons which exceeds the figure of 2011 by 586 million tons.
“OAO NK RussNeft long-term development strategy determines the Company’s active position in world mineral markets”, the press-release underlines. The sphere of interests of Russneft encompasses hydrocarbon deposits in the countries of the CIS and Africa. In 2012 the Company carried out 3D seismic surveys in Mauritania and Azerbaijan. Besides, last year NK RussNeft obtained the certificate of Algerian Energy and Mining Ministry for the right to carry on prospecting and exploration works at the territory of the republic. Obtaining of this qualification determines extensive participation of the Company in Algerian oil and gas projects and evidences the capabilities and potential of the Russian holding in joint implementation of these projects