"Belkamneft" increased production by 1.6% in the first 6 months of 2010
Izhevsk. Oil production output of "Belkamneft" group (incorporated in NK "RussNeft (RTS:RUSN) in the first half of 2010 amounted to 1 million 898.12 tons of oil as compared with 1 million 868.74 tons in the analogous period of 2009.
Thus, according to the results of January-June of the current year, the group increased oil production output by 1.6%.
According to the press-release of the company 383 geological and engineering operations took place at the oilfields of the group (20% growth) and this fact permitted to achieve extra production of more than 137 thousand tons of oil. 10 wells were put into operation as the result of operational drilling and extra prodution amounted to 33.8 tons of oil. During the analogous period of 2009 3 new wells were commissioned and extra production amounted to 13.2 thousand tons. "The average flow rate of the new wells grew from 28.5 tons to 43.4 tons per day," underlined the press-service.
As it has been already reported, in 2009 the company produced 3 million 765.5 thousand tons.
AO "Belkamneft" is engaged in oil production and treatment at the territories of Udmurtia, Bashkiria and the Kirov region, 44 oilfields are under development, 9 oilfields - under trial development. The group integrates OOO "UNNC", OAO "UNC", OOO "Udmurtgeologia", OAO "Uralskaya Neft", OOO "Belkamneft", OOO "Kambarskaya Natsionalnaya Neftianaya Compania", OOO "Okuniovskoye", OOO "Regionalny Neftianoy Consortsium". The share of OAO "Obyedinennaya Neftianaya Compania" (the structure of "RussNeft") in the charter capital of OAO "Belkamneft" is 61.39 %, that of "ANK "Bashneft" (RTS: BANE) - 38.46%.