Rosneft: 2Q14 Results: Berkut Platform Commissioned, Daily Hydrocarbon Production Increased by 4.6% EBITDA Increased by 41%, Net Income Increased by 5 Times, Net Debt Reduced by 365 Billion Roubles
In 1H14, the Company continued to demonstrate strong financial results due to stable hydrocarbon production levels, successful development of new projects, capital discipline and control of operational expenses. Hydrocarbon production amounted to 5 million barrels of oil equivalent per day which is 4.6% higher than in 1H13. Daily crude oil …
Rosneft Posts Record 2013 Results: Daily Hydrocarbon Production Reached 4.9 mmboe, EBITDA Amounted to RUB 947 bln Supported by Hydrocarbon Production Growth, Increased Efficiency and Integration of New Assets
Crude oil and liquids production equaled 4,196 th.bpd (organic growth 1%), gas production reached a record high figure of 38.17 bcm (organic growth 22%). The Company stabilized production of its largest West Siberia assets, including Samotlorneftegaz, Nizhnevartovsk, Varieganneftegaz, and Nyaganneftegaz. The brownfield successes have been primarily driven by employment of …
Rosneft’s Strong Performance in Q3 2013: Daily Hydrocarbon Production has Reached a Record-high 4.9 mln boe, EBITDA has Gone up by 41% to RUB 303 bln
Q3 2013 hydrocarbon production (including production of subsidiaries and proportionately consolidated entities, and the share in production by affiliates) increased by 2.0% and reached 4,884 th. boepd. Crude oil and liquids production has reached 4,193 th. boepd, gas production increased up to 10.82 bcm. Oil production growth is mainly due …