Tatneft: Water Swellable Elastomer Powder Wins Award
The technology of reducing water in-flow in carbonate reservoirs with application of swellable elastomers developed by TatNIPIneft experts was granted a Grand Prix Diploma for “Best exhibit, best design or best technical solution” of the XXIst Tatarstan Oil and Gas and Petrochemicals Forum. The prestigious award was obtained in the framework …
Tatneft: Operational Update – Production Marginally Up, Large Reduction on yoy Drilling
Crude Oil: Production The amount of 2,228,079 tons of crude oil or 100.4 percent versus August 2013 was produced at JSC TATNEFT, while the production since the beginning of the year amounted to 17,441,513 tons, which was 71,968 tons more than in 2013 (100.4%). New Drilling The new drilling penetration …
Tatneft: 1H 2014 Summary – 131 New Production Wells Came on Stream
A regular meeting of the Board of Directors of JSC TATNEFT chaired by R.N. Minnikhanov, President of the Republic of Tatarstan, was held in Kazan on August 28, 2014. The meeting discussed the budget performance of JSC TATNEFT for seven months in 2014, approved the budget for September of the …
Tatneft Published its IFRS Consolidated Interim Condensed Financial Statements for the Three and Six Months Ended 30 June 2014
Tatneft announces today that it published on its web-site (http://www.tatneft.ru/?lang=en) the unaudited consolidated interim condensed financial statements for the three and six months ended 30 June 2014 prepared in accordance with International Financial Reporting Standards (“IFRS”) (the “Financial Statements”) and related Management Discussion and Analysis of Results of Operations (the …
TatNIPIneft Develops Water-Swellable Elastomer Powder
TATNEFT Company is successfully implementing the technology developed by TatNIPIneft to reduce water influx in carbonate reservoirs through application of swellable elastomers. The engineering development is based on blocking the water flow paths with application of a special elastomeric powder, which, unlike commonly used water-swellable polymers, swells in water in …
Regular Meeting of the TATNEFT’s Board of Directors Was Held
A regular meeting of the JSC TATNEFT’s Board of Directors chaired by R.N. Minnikhanov, President of the Republic of Tatarstan, was held in Kazan (Republic of Tatarstan) on July 25, 2014.The Board of Directors reviewed the JSC TATNEFT’s budget implementation results of the first half of 2014 and approved the …
TATNEFT’s Electronic Trading Platform Expands the Range of Suppliers
The electronic trading system for procurement of material and technical resources for TATNEFT Group of Companies continues to ensure the effectiveness of procurement procedures, contests and allows broadening the range of suppliers. There were 10,000 supplier companies registered at the electronic trading platform (ETP) of the Company during the first …
TatNIPIneft Workforce Meeting
A labor collective meeting was held at TatNIPIneft, where the Institute’s work results for the first half of 2014 were announced.Being one of the largest oil industry research centers TatNIPIneft continues to systematically build up the intellectual property of JSC TATNEFT. 46 invention patent applications, 1 patent application for a …
Tatneft: Operating Figures For the First Half of 2014
The amount of 2,155,679 tons of crude oil or 100.4 percent versus June 2013 was produced at JSC TATNEFT, while the production since the beginning of the year amounted to 12, 985,973 tons which was 53,850 tons more than in 2013 (100.4% to the planned amount). The amount of 12,765,565 …
Tatneft: Q1 Profit Up $140m YoY
OAO Tatneft has published on its web-site (http://www.tatneft.ru/?lang=en) the unaudited consolidated interim condensed financial statements for the three months ended 31 March 2014 prepared in accordance with International Financial Reporting Standards and related Management Discussion and Analysis of Results of Operations (the “MD&A”). Selected financial highlights below are based on …