Udmurtneft Replenished Oil Reserves By 152% In 2023
The Udmurtneft company (operating under the management of Rosneft Oil Company and the Chinese petrochemical corporation Sinopec) in 2023 replenished oil reserves by 152%. Increasing the efficiency of reserve replenishment is one of the key elements of Rosneft’s development strategy. The company plans to replenish at least 100% of produced …
The Rosneft Scientific Institute Created A Large 3D Model Of A Production Plant
Specialists from the Ufa Scientific Institute of Rosneft have created a “digital twin” of the gas pre-treatment unit (GPU) at the Barsukovskoye field of RN-Purneftegaz. This is one of the largest interactive objects designed by the Company – its area is 270 thousand square meters, which is comparable to the …
Bashneft Replenished Oil And Gas Reserves By 135% In 2023
Bashneft (part of the Rosneft structure) in 2023, due to successful geological exploration, increased hydrocarbon reserves by 24.4 million tons of oil equivalent, the production replacement rate with reserves was 135%. Every year, Bashneft ensures full replenishment of liquid hydrocarbon production due to the increase in reserves. In this way, …
The Economic Effect From The Implementation Of The Orenburgneft Energy Saving Program In 2023 Exceeded 219 Million Rubles
The Orenburgneft company, the largest producing asset of Rosneft in the Volga region, saved more than 60 million kWh of electricity in 2023, which in monetary terms amounted to more than 219 million rubles. The effect was achieved thanks to the implementation of a program to increase energy efficiency and …
RN-Yuganskneftegaz Began Construction Of A Highly Efficient Well Pad
RN-Yuganskneftegaz (the leading production enterprise of Rosneft) has begun drilling an enlarged well pad at the Prirazlomnoye field, on the basis of which several dozen wells will be grouped. The site design, accommodating up to 48 wells, was developed by specialists from RN-Yuganskneftegaz and the corporate research and design institute …
A Unique Core Exhibition Will Be Held In The Rosneft Pavilion At The Russia Forum
The Rosneft pavilion at VDNKh will host an exhibition of core samples collected in all regions of the Company’s presence. Visitors to the exhibition will be able to see rare rock samples dating back more than 550 million years, as well as ammonites and artifacts found during drilling. The core …
Orenburgneft Replenished Hydrocarbon Reserves By 168% In 2023
The Orenburgneft company, which is part of the oil-producing asset of Rosneft, replenished reserves by 168% in 2023. The company’s employees discovered one new oil field and 19 new deposits within existing fields. The total increase in recoverable reserves at the end of the year amounted to more than 16 …
Unconventional Oil Has Been Switched to AIT From 2024
From January 1, 2024, production of viscous and extra-viscous oil in the Russian Federation will be transferred to the added income tax (AIT). The main producers of viscous oils and natural bitumen in Russia are LUKOIL, Tatneft and Rosneft (to a lesser extent). Interfax writes about this. Areas where at …
Production of Viscous and Super-Viscous Oil and a Number of Fields of Rosneft and Bashneft are Switching to AIT
From January 1, 2024, production of viscous and extra-viscous oil will be subject to added income taxation (AIT). That is, areas in which at least 70% of the oil produced per year has a viscosity from 200 to 10 thousand mPa*s, as well as from 10 thousand mPa*s and more …
Igor Sechin Assumed a Gas Shortage Due to Tax Changes on Gas
As the head of Rosneft noted, the differentiation of gas prices for various categories of industrial consumers against the backdrop of an increase in the tax burden on the industry was carried out without a comprehensive analysis of its impact Differentiation of gas prices for industrial consumers and an increase …