Press release (Tatneft): Figures Demonstrating Results of Operations during July and Seven Months of 2017

Crude Oil Production

Enterprises of the TATNEFT Croup of Companies produced 2,432,000 tonnes of crude oil in July, while the production for the seven months period amounted to 16 million 495 thousand, which was 495 thousand tonnes more  than the figure for the similar period of the previous year with the PJSC TATNEFT’s production amounting to 2 million 402 thousand tonnes of crude oil, 16 million 605 thousand tonnes during seven months (103%) to the similar period of 2016

The Company’s subsidiaries produced 29 thousand 475 tonnes of crude oil in the licensed areas outside the Republic of Tatarstan with the total production for seven months amounting to 208 thousand 308 tonnes (105.2%).


441 new wells were built and delivered to customers during seven months of 2017 (including production drilling – 436 wells, Exploratory wells – 4 wells, drilling to the bitumen – 1 well), which was 20 percent above the figure for the same period of 2016. Drilling of sidetracks and horizontal wellbores included 57 wells delivered since the beginning of the year, which was 12% more than during the similar period of 2016.  

Drilling of well No. 1 at the Barrieryaya Area was completed in the Republic of Kalmykia. 5,800 m had been penetrated according to the plan. The well testing operations are underway.

Drilling of well No. 370 is In the Orenburg region was been completed. At present, work is underway to perform the well production testing.

There are wells No. 216 and 351 in the process of drilling in the Samara region.

Repair of Wells

During seven months of 2017, the remedial well servicing and workover crews performed servicing in 6,624 wells at the sites of PJSC TATNEFT, while workover operations were performed in 1,502 wells. There were 31 wells repaired for OOO “Tatneft-Samara” and 5 wells for OOO “Tatneft-Severny” outside the Republic of Tatarstan.

Formation hydrocracking operations were carried out in 518 wells and oil recovery enhancement operations were performed in 1,713 wells, including chemical methods applied in 778 wells. 

Production Performance of JSC TANECO

The TANECO Complex of Refining and Petrochemical Plants processed 830.3  thousand tonnes of raw materials in July 2017 and 4706.2 thousand tonnes since the beginning of the year, including 734.8 thousand tonnes of petroleum feedstock processed in July and 4,216.7 thousand tonnes of petroleum feedstock processed since the beginning of the year.

The TANECO Complex yielded 784.1 thousand tonnes of petroleum products in July 2017 and 4,425.2 thousand tonnes since the beginning of the year.

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