08/12/2017

Press release (Tatneft): Figures Demonstrating Results of Operations during Eleven Months of 2017

Crude Oil Production

Enterprises of the TATNEFT Croup of Companies produced 2,370 thousand tonnes; while the oil volume produced during eleven months amounted to 26,494 thousand tonnes, which was 409 thousand tonnes more than the figure for the similar period in 1916.

The PJSC TATNEFT’s production amounted to 2,341thousand tonnes; and 26,171 thousand tonnes (+ 407 thousand tonnes during eleven months; 101.6 percent versus the level of 2016).

The production volume of OOO “Tatneft-Samara” at the licensed areas outside the Republic of Tatarstan amounted to 28,400 tonnes of crude oil with the volume produced during eleven month amounting to 323,294 tonnes (+1.6 thousand tonnes; 101.5 percent).

New Drilling

708 new wells were built and delivered to customers during eleven months of 2017, which was 17% more than during the same period in 2016 (603 wells in 2016), including 663  production wells drilling, 9 exploratory wells drilled and 21 wells drilled to bitumen deposits.

Active Well Stock Drilling

  There were 70 sidetracks and horizontal wellbores completed and delivered during eleven months in 2017.

Drilling of Wells outside the Republic of Tatarstan

     Testing operations on well No. 1 at the Barriernaya Area in the Republic of Kalmykiya are underway.

Drilling of wells at Samara Region was completed/

Repair of Wells

During eleven months of 2017, the remedial well servicing crews performed remedial servicing operations in 10,166 wells at the sites of PJSC TATNEFT (952 in November), while workover operations were performed in 2,415 wells (216 wells in November).

There were 57 wells repaired for OOO “Tatneft-Samara” and 7 wells for OOO “Tatneft-Severny” outside the Republic of Tatarstan.

Formation hydrocracking operations were carried out in 760 wells (60 wells in November).

Oil recovery enhancement operations were performed in 2,691 wells), including chemical methods applied in 1,241 wells (99 wells in November).

Production Performance of JSC TANECO

The TANECO Complex of Refining and Petrochemical Plants processed 772.6  thousand tonnes of raw materials in November 2017 and 7,888.9 thousand tonnes since the beginning of the year, including 712.3  thousand tonnes of petroleum feedstock processed in November and 7,113.01 thousand tonnes of petroleum feedstock processed since the beginning of the year.

The TANECO Complex yielded 733.6 thousand tonnes of petroleum products in November 2017 and 7,442.5 thousand tonnes since the beginning of the year.


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