Petrosibir: Production Report March 2024
Petrosibir’s total oil production during March 2024 amounted to 20,175 barrels, equivalent to 650 barrels per day.
The table below summarises the average monthly / daily production in 2024 and in 2023, broken down by region.
2023 | 2024 | |||||||
Average | Jan | Feb | Mar | |||||
Total production | ||||||||
Bashkiria | 5 446 | 5 961 | 5 665 | 6 057 | ||||
Komi | 15 943 | 14 105 | 13 349 | 14 118 | ||||
Total barrels | 21 389 | 20 067 | 19 014 | 20 175 | ||||
Per day | ||||||||
Bashkiria | 179 | 192 | 195 | 195 | ||||
Komi | 524 | 455 | 460 | 455 | ||||
Total barrels per day | 703 | 647 | 656 | 650 | ||||
Petrosibir historically owned 100% of IngeoHolding and 51% of Company Ufa Petroleum, both Russian companies in Bashkiria, holding two exploration/production licenses each, and in addition 49 % of the Cypriot company Ripiano whose wholly owned Russian subsidiaries hold three production licences in Komi. As per the decision of the Annual General Meeting held on 30 June 2023 these assets are under divestment. Petrosibir will continue to report production figures for the periods these assets remain in ownership.