Tatneft: Figures Demonstrating Results of Operations in January 2014
Crude Oil Production The amount of 2,221,896 tons of crude oil or 100.6 percent versus January 2013 was produced at JSC TATNEFT. All the NGDUs fulfilled the plan 100 per cent. The amount of 2,196,785 tons of oil was delivered with the above-the-plan delivery amounting to 19,955 tons. New Drilling …
Tatneft: Improves Mean Time Between Failures
TATNEFT maintains one of the highest factors of mean time between failures wells operation among the large enterprises in the Russian oil industry. The total mean time between failures of the wells operation (MTBF) at JSC TATNEFT) amounted to 1,198 days in 2013. The high level of the wells mean …
Tatneft: Holds Board Meeting
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 January 28, 2014. The Board of Directors reviewed the results of JSC TATNEFT’s budget execution for 2013 and approved the budget for February of …
Results of TATNEFT’s Reservoir Pressure Maintenance System Development
TATNEFT Company continues developing advanced technologies for reservoir pressure maintenance (RPM) aimed at reducing energy costs and increasing production efficiency. Today, they are focused on protecting injection wells downhole equipment from high pressure and corrosion, as well as comprehensive process optimization of the RPM system. 212 new injection wells were …
Tatneft: Annual Results of the Company’s Ecological Activities
The professionals of JSC TATNEFT carried out a considerable amount of works in 2013 to improve ecological safety of the oil field facilities. By the results of 2013 JSC TATNEFT manufactured 923.9 km of corrosion resistant pipes and produced 5,934.2 tons of corrosion inhibitors. 986 wells were equipped with cathodic …
TATNEFT Is among Leaders in Associated Petroleum Gas Utilization
Based on the results of 2013 summed up by the government commission of the Fuel & Energy Complex on increasing the efficiency of associated petroleum gas utilization JSC TATNEFT is in the second place in terms of utilization of the associated petroleum gas. JSC “Surgutneftegas” is in the first place, …
Regular Meeting of the Board of Directors of Tatneft Was Held
The 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 (Republic of Tatarstan) on December 24, 2013. The Board of Directors reviewed the budget execution of JSC TATNEFT for eleven months of 2013 and approved …
Tatneft: Appoint Nail Ulfatovich Maganov as General Director
JSC TATNEFT’s Board of Directors appointed Nail Ulfatovich Maganov, who previously held the position of the First Deputy Director General of JSC TATNEFT – Head of Crude Oil and Petroleum Products Sales Department, General Director. Nail Ulfatovich Maganov was born in Almetyevsk (Republic of Tatarstan) on July 28, 1958. He …
Moody’s Investor Services Upgraded Tatneft’s Credit Rating to Investment Grade “Baa3” With Stable Outlook
Moody’s Investor Services announced that it has upgraded the corporate family and probability of default ratings of Tatneft to investment grade “Baa3”, the rating outlook is Stable. It is the first time Tatneft receives an investment grade rating from a leading rating agency. The upgrade to investment grade rating Baa3 …
Regular Meeting of the Board of Directors of Tatneft Was Held
The regular meeting of the Board of Directors of JSC TATNEFT chaired by R.N. Minnikhanov, President of the Republic of Tatarstan, was held in Almetyevsk on November 25, 2013. The Board of Directors reviewed the budget performance of JSC TATNEFT for ten months in 2013 and approved the budget for …