Ulyanovskneft reviews results of 2015

The annual production of the company remained at the sustainable level of the previous years and made up 828.5 thousand tons of oil. Ulyanovsk oilmen drilled 13 new wells in 2015. The start-up of these wells allowed  production increment of 300 tons per day. 122 well interventions were performed and it also exceeded the planned indexes (93 well interventions). The increment from the well interventions made up 71 thousand tons of oil. In 2015 OAO Ulyanovskneft continued introducing new equipment targeted at operations in the wells with corrosion, high viscosity emulsion and big sloughing of solids, it allowed to increase the time between failures of well pumping equipment for the wells with the artificial oil lift up to 492 days. Operations related to development of the formation pressure maintenance system (FPM)   were performed, 5 wells were converted into injection wells. Investment of the company into construction reached 303 mln rubles in 2015.
Apart from that, the tank farm at Yuzhnaya oil treatment and pumping unit and Volodarskoye field preliminary water knock-out unit were overhauled. 11.9 km of pipelines were constructed and 4.2 km of pipelines were overhauled within the program of increasing the reliability of pipelines, it will allow to avoid ecological risks in future. Such large facilities, as oil-gathering unit Novobesovskoye and preliminary water knock-out unit Verkhozimskoye were commissioned. The company received several awards in 2015. Thus Ulyanovskneft was named the best ecologically responsible company in the region according to the version of the II Russian industrial and ecological forum RosPromEco and became one of the winners of the contest Best Organization of Work in Health and Safety according to the results of 2014. In addition to the abovementioned, OAO Ulyanovskneft was included into “The Book of Honor”, the Russian registry of the organizations actively taking part in social and economic development of the constituent Federation territories and municipal communities  for 2015.