Belarusian Oil Workers Set a New Record for Rock Drilling
In March of this year, the team of the Svetlogorsk Drilling Directorate drilled 23,159 m of rock. This is almost 2 thousand m more than the previous record figure set in September 2023 – 21,438 m. The SUBR emphasized that this is the result of the coordinated work of specialists …
Bashneft’s financial results hit a record high in 2012
In 2012 Bashneft demonstrated a consistent improvement of its financial results. In 2012 the Group’s revenue from sales increased by 9.5% year-on-year and amounted to 532,502 million roubles. EBITDA added 5.2% and reached 98,690 million roubles. In 2012 net income attributable to the shareholders of the parent company totalled 52,088 million roubles, which is 4.5% higher than in 2011. The growth of revenue, EBITDA and …
Rosneft Posts Record 2012 Net Profit of RUB 342 Bln and Daily Hydrocarbon Production of 2.7 Mln Boepd, Signs Agreements on TNK-BP Acquisition
On 1 February 2013 Rosneft published its full audited consolidated IFRS financial statements for Q4 2012 and FY 2012. Key operating and financial highlights Q4 2012 Q3 2012 Change, % 2012 2011 Change, % Operating results Hydrocarbon production, th. boepd 2,823 2,729 3.4% 2,702 2,586 4.5% Crude oil production, th. …
Bashneft Hits Record 500t Production at Ilishevskoye
Record-breaking daily rate exceeding 500 tons oil was achieved on the Ilishevskoye oilfield in the Republic of Bashkortostan after JSOC Bashneft commissioned a horizontal oil well targeting Radaev-Bobrikov formation. It is the first time in over 20 years that such a flowrate is achieved at Bashkir oilfields. «The results of drilling at the Ilishvskoye oilfield dispel the long-held notion that today there are only marginal wells left …